×
320
Fashion Jobs
LIFE TURN MANAGEMENT CONSULTANT
sr. Manager Production - Sricity, Tada - Mnc Company - Engineering Ind
Permanent · Tada
MCKENZIE
Hiring For Retail Store Merchandiser / Manager
Permanent · Chennai
V2B GLOBAL CONSULTANTS
sr Technician Apparel -Buying Office
Permanent · Gurugram
MANPOWERGROUP SERVICES INDIA
Opening || Horeca Sales Manager || Kolkata
Permanent · Kolkata
ADIDAS
Senior Product Owner - Machine Learning & ai
Permanent · GURUGRAM
ADIDAS
Senior Technology Consultant - Omnichannel
Permanent · GURUGRAM
PUMA
Manager- Warehouse (B2C)
Permanent · Bengaluru
HARMAN FINOCHEM
sr. Manager- Api Production For Srp With Leading Pharma @ Aubad
Permanent · Aurangabad
PNB HOUSING
Area Sales Manager
Permanent · Thane
PNB HOUSING
Area Sales Manager
Permanent · Pune
JM FINANCIAL HOME LOANS LTD
Area Sales Manager - Home Loans
Permanent · Chennai
DANIEL WELLINGTON
IT Support Specialist
Permanent · MUMBAI
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Karaikal
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Thiruvarur
DBS BANK
Hiring For Area Sales Manager - Gold Loan
Permanent · Tirunelveli
AVANTOR
Area Sales Manager- Lab Consumables
Permanent · Pune
ADIDAS
Manager Brand Activation Originals
Permanent · GURUGRAM
ZACH LIFESTYLE PVT. LTD.
Manager - Content & Social Media
Permanent · MUMBAI
NEW ALFA INTERNATIONAL
Foundry Production Manager
Permanent · Dubai
MEDCIS PATHLABS
Medcis Pathlabs is Hiring For Pathology Area Sales Manager
Permanent · Visakhapatnam
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-b.Tech Fresher-German Mnc -Immediate Joining
Permanent · Bhubaneswar
PERFECT PUBLISHING SOLUTIONS
Area Sale Manager-Denmark Mnc - Medical Device or Hearing Aid
Permanent · Chennai
Translated by
Nicola Mira
Published
Jan 13, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Brunello Cucinelli generates €607.8 million revenue in 2019

Translated by
Nicola Mira
Published
Jan 13, 2020

Brunello Cucinelli is steadily continuing on its ‘discreet’ growth track, and confirmed the intention of doubling its revenue in 10 years. The Italian luxury label has described 2019 as “one of the best in our history,” in the words of founder and president Brunello Cucinelli, having recorded a revenue of €607.8 million.


@brunellocucinelli


The performance of Brunello Cucinelli’s international markets (up by 11.4%) drove a global sales increase of 9.9% at current exchange rates (and of 8.6% at constant exchange rates), while Italy grew by 1.9%. Revenue in Europe rose by 12.9% to €184.9 million. Results were also positive in North America, up by 8.9%, and China, up by 14.7%.
 
“Given the highly satisfactory sales of the past fall/winter, the number of orders for the Spring/Summer 2020 collection, and the ‘very favourable’ debut of the Fall/Winter 2020 collections, we are working with ease and expecting fine growth in our revenue, profits and brand image in 2020,” said Brunello Cucinelli.

The label posted positive performances in all distribution channels: direct retail was up 14.6%, monobrand wholesale grew by 7.7%, and multibrand wholesale by 4.1%. As of September 30 2019, Brunello Cucinelli operated 106 monobrand stores, up from 100 in 2018. A new store will soon open in New York’s Meatpacking district.
 
Brunello Cucinelli has carried out significant investments as part of its 2019-21 strategic plan, to the tune of approximately €53 million last year, and its net financial indebtedness stood approximately at €30 million as of December 31 2019.

Copyright © 2023 FashionNetwork.com All rights reserved.