Brunello Cucinelli Reports 16.5% Sales Growth in Q1 [Yahoo! Finance]
ESSILOR LXTTCA UNSP/ADR (ESLOY)
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Source: Yahoo! Finance
the luxury fashion segment, Cucinelli ‘s namesake company reported a 16.5 percent increase in revenues in the first three months of the year ended March 31. Sales amounted to 309.1 million euros, compared with 265.3 million euros in the same period last year. At constant exchange rates, revenues rose 17.9 percent. More from WWD Izipizi Teams With Engineered Garments for Fashion-forward Frames Brunello Cucinelli Family Supporting Scientific Project At Vision Expo East 2024, Eyewear's Biggest Players Confident About the Road Ahead Cucinelli, who holds the role of executive chairman and creative director of the company, attributed the performance to “the value of exclusivity, rarity and creativity in ‘gentle luxury,' craftsmanship and manual skills.” He has often underscored he prefers “gentle luxury” to the oft-cited “quiet luxury” trend. Based on the performance of the quarter and the orders for the fall 2024 men's and women's collections, Cucinelli confirmed expectations o
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