A survey on the relationship between price and the perception of exclusivity for luxury brands revealed that Louis Vuitton is perceived as more expensive than it actually is. The opposite is true for Brunello Cucinelli.
Italian luxury goods maker Brunello Cucinelli on Thursday posted a 6.3 percent rise in first-half core profit as robust sales growth offset rising costs for retail expansion and a one-off hit due to the exit of a seni...
In the first three quarters of the year, the Italian luxury cashmere brand's sales rocketed up by about 9%, to €121.8 million. Growth was recorded across all markets, with a significant turnaround in Italy.
Italian luxury group Brunello Cucinelli expects to reach double digit growth in sales and profits this year as it reported 9 per cent rise in first quarter sales at current exchange rates, in line with expectations.
The fashion e-tailer used the occasion of the announcement of its latest financial results to announce that it has not renewed its collaboration with six labels, including Cucinelli, Trussardi and Cavalli.