Brunello Cucinelli
This coverage delivers business-focused reporting on Brunello Cucinelli’s performance and strategy within the UK retail sector. Reporting includes updates on store operations, financial performance, product developments, and leadership changes. Analysis addresses the brand’s commitment to “humanistic capitalism,” emphasizing ethical production, employee wellbeing, and community investment. This information supports retail executives, brand managers, and professionals overseeing luxury fashion operations and strategic planning.
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Apr- 2022 -19 AprilClothing & Shoes
Brunello Cucinelli sees revenues rise 16.7% in Q1
Brunello Cucinelli has announced its net revenues have risen 16.7% at constant exchange rates to €196.9m (£163.1m) in Q1 2022 compared to the first quarter of 2021. Compared to Q1 2019, the year preceding the start of the pandemic, growth is +22.8%, with the fashion retailer outlining “significant” double-digit increases…
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Mar- 2022 -17 MarchClothing & Shoes
Brunello Cucinelli acquires 43% stake in Lanificio Cariaggi
Luxury fashion retailer Brunello Cucinelli has announced that it has acquired from the Cariaggi family a 43% stake in the share capital of Cariaggi Lanificio S.p.A, the cashmere manufacturer. The purchase price of the shareholding was €15.05m (£12.62m), a value that is proportionally close to the current net worth of…
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Dec- 2021 -15 DecemberHigh Street
Casa di Moda sets greenhouse gas reduction target
Fashion retail house Casa di Moda has announced it has set targets to reduce its greenhouse gas emissions by 60% over the 10-year period of 2019 – 2028. The renewed climate commitment comes after the fashion brand spoke at the COP26 conference last year. Brunello Cucinelli, executive chairman and creative…
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Apr- 2021 -22 AprilClothing & Shoes
Brunello Cucinelli Q1 revenues rise 5.1%
Brunello Cucinelli, the luxury fashion brand, saw its revenue for the first quarter of FY21 grow 5.1% year-on-year at current exchange rates to £143m. The group attributed the performance to a 28.9% spike in its Asia revenues, while Europe also grew 3.9% when compared to the three months to 31…
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