Brunello Cucinelli Raises 2026 Sales Expectations Again
The Italian luxury-fashion group lifted its full-year sales expectations, citing continued momentum. The update contrasts with weak performance elsewhere in Europe's luxury-goods sector.
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04:28:19 PM UTC
SquawkNews
Brunello Cucinelli MIL:BC posted on Thursday a double-digit growth in third-quarter revenues, standing out in a luxury sector still grappling with a prolonged slowdown, and raised guidance for the current year.($1 = 0.8925 euros)
Luxury-fashion company Brunello Cucinelli raised its full-year sales expectations again, citing continued momentum. Its performance contrasted with lackluster results elsewhere in Europe’s luxury-goods sector. The Italian group, known for its cashmere garments, said Thursday that…