×
250
Fashion Jobs
RELIANCE INDUSTRIES LTD
Sales Officer - Saree Specialist - Chennai t.Nagar
Permanent · CHENNAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HYDERABAD
SPACE CONSULTANTS
Manager-Sales&Marketing
Permanent · Bhiwani
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · PANCHKULA
GENIUS CONSULTANTS LIMITED
HR Executive(Female)@Leading Hosiery Manufacturing Company in Agarpara
Permanent · KOLKATA
SHOPPERS STOP LTD
Unit HR Head
Permanent · MUMBAI
FLOOR & FURNISHINGS INDIA PRIVATE LIMITED
Sales Executive/ Sales Officer
Permanent · PANCHKULA
SELECTIVE GLOBAL SEARCH PVT. LTD.
Retail Sales Executive
Permanent · MUMBAI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · HALDWANI
RELIANCE INDUSTRIES LTD
Hiring For Sales Officer : Reliance Retail - Ajio Business
Permanent · Aligarh
SREEDHARA TEXTILES PRIVATE LIMITED
Deputy Manager - Fabric
Permanent · COIMBATORE
PANACEA VENCER
we Have Opening For Accounts Manager & Finance Manger For Garments
Permanent · COIMBATORE
JOBZ DADDY
Category Head For Home Decor of The Top Most Designer of India
Permanent · GURUGRAM
SMART SOURCE
Manager Market Place - Leading Fashion Retail - Bangalore
Permanent · Bengaluru
NCDI PLACEMENT CONSULTANCY
Accounts Executive For Retail Industry
Permanent · Lucknow
NCDI PLACEMENT CONSULTANCY
Customer Relationship Managere For Retail Industry
Permanent · LUCKNOW
PRIME PLACEMENT AND MANPOWER SERVICES
International Sales Executive - Female - Khokhra - Ahmedabad
Permanent · Ahmedabad
MIRRAW.COM
Production Manager | Mirraw
Permanent · MUMBAI
LIFESTYLE BRANDS
Senior Executive - Accounts - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Area Manager-Projects Execution (Telangana &Amp; Andra Pradesh)-Hyderabad
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Financial Manager - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Brand Training Manager, Planet Fashion - Bangalore
Permanent · BENGALURU

Brunello Cucinelli generates €607.8 million revenue in 2019

Translated by
Nicola Mira
Published
today Jan 13, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

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 © 2020 FashionNetwork.com All rights reserved.