Finance
Brunello Cucinelli full-year revenues up 11.5% driven by solid US and Asia sales
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 12, 2026
1 min readLast updated: January 19, 2026
Brunello Cucinelli's revenues grew 11.5% in 2023, driven by strong sales in the US and Asia. The luxury brand forecasts continued growth into 2025.
MILAN, Jan 12 (Reuters) - Revenues at Italian luxury group Brunello Cucinelli rose 11.5% at constant exchange rates last year, in line with its most recent guidance, boosted by solid growth across all regions, and particularly in the Americas and in Asia.
The cashmere brand, the first in the luxury sector to report 2025 preliminary sales, said on Monday its revenues rose to 1.41 billion euros ($1.65 billion) last year and reaffirmed that revenues would increase by 10% in 2026.
The company, which stands out in a luxury sector hit by slowing demand thanks to its focus on wealthier consumers, reported a 11.9% increase in turnover in the fourth quarter alone.
Both the retail and wholesale channels contributed to the sales growth, though the latter at a more moderate pace.
In December, Cucinelli, whose cashmere jumpers can cost several thousand euros, raised its revenue growth forecast for 2025 to between 11% and 12% at constant exchange rates.
($1 = 0.8564 euros)
(Reporting by Elisa Anzolin, editing by Cristina Carlevaro and Tomasz Janowski)
Revenue growth refers to the increase in a company's sales over a specific period, often expressed as a percentage. It indicates the company's ability to expand its business and increase its market share.
The luxury sector encompasses high-end products and services, including fashion, jewelry, and premium goods, targeting affluent consumers. This market is characterized by exclusivity and high-quality offerings.
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