Celebrating Success: Brunello Cucinelli’s Positive Trend

We are thrilled to share the impressive financial results from our patron member, Brunello Cucinelli, who has reported revenues of €920.2 million for the first nine months of 2024. This marks a remarkable growth of +12.4% at current exchange rates and +12.7% at fixed exchange rates compared to the same period last year.

Brunello Cucinelli’s success is well-distributed across markets, with notable growth in both Western and Eastern regions. The Americas saw an incredible increase of +17.6%, while Europe contributed a solid +8.0%. In Asia, revenues also surged by +12.2%, demonstrating the brand’s appeal across diverse markets.

The brand’s growth is evident in both retail and wholesale channels, with retail up by +13.3% and wholesale increasing by +11.0%. This balanced performance underscores the strength of the Brunello Cucinelli brand and its ability to connect with customers through various avenues.

Given the outstanding results from the first nine months and the strong sales of the Men’s and Women’s Fall-Winter 2024 collections, Brunello Cucinelli confidently projects a continued sales growth of approximately +10% for the entirety of 2024. The brand’s commitment to exceptional craftsmanship and exclusive style resonates deeply with clients, fostering strong relationships and a loyal customer base.

Brunello Cucinelli emphasizes the importance of a well-balanced growth strategy, not only for its own brand but for other dynamic enterprises considering going public. At the recent “Dinner of Gratitude” held at the Milan Stock Exchange, the brand honored its supporters and reiterated its belief in the value of being publicly listed while maintaining a focus on sustainable growth.

Executive Chairman and Creative Director Brunello Cucinelli shared, “We are particularly pleased with the highly positive momentum our brand is currently enjoying. Our commitment to craftsmanship and the authentic relationships we build with our clients are at the heart of our success. We see significant opportunities in the true luxury market, and with the substantial orders already placed for the Men’s and Women’s Spring-Summer 2025 sales campaign, we are poised for healthy, sustainable growth in the coming years.”

In conclusion, Brunello Cucinelli’s impressive turnover figures and strategic vision reflect a brand that not only values financial success but also cherishes the human connections that underpin its legacy. We look forward to seeing how the brand continues to thrive and inspire in the future.