Italian luxurious group Brunello Cucinelli on Wednesday raised its income development forecast for the present 12 months, with it now anticipating a rise of between 11 and 12 p.c at fixed trade charges, whereas confirming its outlook for a ten p.c rise in 2026.
In October the corporate had forecast revenues would improve by round 10 p.c in each 2025 and 2026.
Fourth-quarter gross sales are anticipated to submit double-digit development at fixed trade charges, consistent with the third quarter’s development, which noticed a 12.5 p.c improve, the group mentioned.
By Elisa Anzolin; Editor: Alison Williams
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Brunello Cucinelli Seeks to Reassure Traders After Brief Vendor Accusations
The Italian cashmere label rejected allegations that it misled traders about its Russian enterprise and discounting practices and confirmed it’s heading in the right direction to develop gross sales 10 p.c this 12 months.
