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Brunello Cucinelli sees FY25 revenues rise 10%

Brunello Cucinelli sees FY25 revenues rise 10%

Retail job cuts could be on the horizon amid rising costs, BRC warns

Retail job cuts could be on the horizon amid rising costs, BRC warns

Debenhams raises £40m in oversubscribed funding round

Debenhams raises £40m in oversubscribed funding round

Brunello Cucinelli sees FY25 revenues rise 10%

The group said it also expects revenues to grow by approximately 10% in 2026
Brunello Cucinelli sees FY25 revenues rise 10%

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Brunello Cucinelli has posted revenues of £1.4bn for the 2025 financial year, representing a 10.1% increase at current exchange rates.

The Italian fashion house exceeded initial growth expectations following strong demand across all geographical regions and distribution channels.

The company completed its 2024–2026 investment programme six months ahead of schedule. Spending reached £146.2m during the year, or 10.4% of turnover, to double the size of the Solomeo facility and finish new factories in Penne and Gubbio.

It said normalised operating income rose 11.4% to £235.9m, with margins improving to 16.8%. This figure excludes an £8.1m provision for potential losses related to Saks Global Holdings, which entered Chapter 11 reorganisation in the US in January 2026.

Net profit increased 10.5% to £142m. The board of directors will propose a dividend of €1.04 per share at the shareholders’ meeting on 23 April 2026. This represents a payout ratio of 50%.

Retail remains the primary driver of growth, accounting for 67.3% of turnover. The company operated 136 direct boutiques at the end of 2025, up from 130 the previous year, following flagship expansions in London, Paris, and Los Angeles.

Executive chairman Brunello Cucinelli said: “A year has ended that we are pleased to describe as solid, balanced and beautiful, marked by excellent results in terms of revenues, profits and international recognition.These achievements allow us to look ahead with confidence to a future of outstanding prospects, growth in the years to come, positive forecasts and enduring prosperity.”

The group expects revenues to grow by approximately 10% in 2026. This outlook is supported by positive feedback for the autumn and winter 2026 collections and the launch of a new artificial intelligence-based e-commerce platform.

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Retail job cuts could be on the horizon amid rising costs, BRC warns

Retail job cuts could be on the horizon amid rising costs, BRC warns

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