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Brunello Cucinelli H1 Sales Climb 9%All markets boosted the performance and the namesake founder, chairman and ceo expects growth to continue in 2019.
[Collection]MILAN — Brunello Cucinelli is not one to only look at the numbers. His eponymous company on Thursday reported 9 percent sales growth in the first six months of the year, but the entrepreneur highlighted how “judging from the lovable mood surrounding our company,” he could “start envisioning a very interesting 2019 with good, sought-after growth as in the previous years.”
In the first half ended June 30, revenues increased 9 percent to 269.5 million euros, compared with 247.2 million euros in the same period last year. At constant exchange, they rose 11.9 percent.
In a statement released at the end of trading in Milan, where the company is publicly listed, Cucinelli expressed “great satisfaction” with the performance in the period and said that “considering the quality of sales, we can envisage yet another year in which further gracious growth — consistent and double-digit — will be achieved.” He noted that the orders for the men’s spring 2019 collection was “delivering very interesting numbers, thus confirming that there is a great chance in men’s wear for the Italian luxury sporty chic style that identifies us.”
In the first half, revenues outside Italy climbed 9.8 percent while sales in Italy grew 4.9 percent to
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