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Cucinelli Confirms Growth Goal as It Rejects Short-Seller Claims
Summary by Bloomberg
3 Articles
3 Articles
Cucinelli Confirms Growth Goal as It Rejects Short-Seller Claims
Brunello Cucinelli SpA confirmed its target for full-year growth as sales jumped by 11% in the first nine months on continued demand for the company’s luxury cashmere products. The Italian fashion group rejected claims by a short seller that had led to the steepest drop on record in its shares.
·United States
Read Full ArticleThe small Italian Hermès revealed organic growth revenues of more than 12% in the third quarter. Its leaders also try to reassure after the attack of a short seller.
Coverage Details
Total News Sources3
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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