8 Articles
8 Articles
Brunello Cucinelli exceeds expectations with 12 per cent revenue growth in 2024
Italian luxury fashion house Brunello Cucinelli has reported a strong finish to 2024, exceeding its own revenue growth expectations, as per reports. The company announced a 12.4 per cent increase in revenues for the year, driven by robust sales in the Americas and Asia. The luxury group recorded a 11.6 per cent increase in its […] The post Brunello Cucinelli exceeds expectations with 12 per cent revenue growth in 2024 appeared first on Apparel …
Brunello Cucinelli revenues surge to €1.27bn
Brunello Cucinelli has reported a 12.1% rise in FY revenues to €1.27bn (£1.07bn), thanks to “very positive sales” throughout the year. In Q4 itself, the group achieved a turnover of €358m (£301.45m), up 11.6%. Geographically, the Americas saw a 17.8% rise in revenues to €476.5m (£400.8m), an increase of, accounting for 37.3% of overall turnover. Meanwhile, its Asia revenues were up 12.6% to €345.4m (£290.8m), accounting for 27.0% of overall turn…
The maverick Italian entrepreneur Brunello Cucinelli is immune to a dip in the luxury market with his eponymous fashion brand. Sales of his expensive items will give him more than 10 percent growth in turnover in 2024.
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