High Street

Brunello Cucinelli H1 revenues jump 32% to £351m

The companies has said its strong results has lead it to estimate for 2022 a record year

Casa di Moda Bruno Cucinelli has revealed net revenues of €415.2m (£351m) for the first half of 2022 ending June 30, up +32.3% at current exchange rates (+28.3% at constant exchange rates) compared to H1 2021.

The fashion house reported significant growth in all areas: Americas +52.7%, Asia +27.2%, Europe +20.7%, Italy +19.7%.

It reported that revenues also increased in both the retail channel, up +47.0%, and in the wholesale channel, up +16.0%.

The companies has said its strong results has lead it to estimate for 2022 a record
year and a revenue growth of around +15%.

Brunello Cucinelli, executive chairman and creative director of the Casa di Moda, said:
“The performance in the first half of 2022 was particularly good, with significant sales in terms of both quantity and quality. The autumn season began with excellent results and remarkable value in terms of image, so all this leads us to imagine a record year, with sales growth of around 15%.

“In the great capital cities worldwide we have set up spaces that we call Casa Cucinelli and
which we feel are bestowing nobility and prestige onto the brand. The substantial order intake for the Spring-Summer 2023 men’s collection leads us to envisage a healthy growth of around 10% for next year.”

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