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News 2026-10-16 07:22 UTC

BUZZ — Cucinelli rises after outlook hike

* Shares in Italy's Brunello Cucinelli are up around 3% after the luxury firm posted a Q3 sales beat and raised its 2026 outlook * JPMorgan says the beat was driven by strong direct-to consumer (DTC) performance * The beat makes Cucinelli "a clear share gainer in a quarter when we expect most to confirm the pain of an