Cashmere brand Cucinelli 2012 sales meet forecasts

MILAN - Italian cashmere goods maker Brunello Cucinelli said on Monday preliminary sales rose 15 percent to 279 million euros ($364 million) in 2012, in line with analyst expectations.

European luxury goods makers have been able to shrug off the euro-zone debt crisis as they tap into demand from newly-rich Asian tourists.

Cucinelli, whose soft pastel-coloured jumpers have been worn by Britain's Prince William, told Il Sole 24 Ore on Saturday he expected sales of around 278 million euros in 2012, in line with a consensus by analysts.

Debt at the end of December dropped to 1