×
91 469
Fashion Jobs
L'OREAL GROUP
Outside Sales Representative - Everett, wa
Permanent · Seattle
L'OREAL GROUP
Account Executive - Sales
Permanent · St. Louis
L'OREAL GROUP
Associate Principal Engineer/Manager - Packaging
Permanent · Clark
JCREW
Assistant Production Manager - Wovens
Permanent · New York
JCREW
sr. Art Director
Permanent · New York
VF CORPORATION
Dickies sr. Manager, Retention Marketing
Permanent · Fort Worth
ALL SAINTS
Third Shift Supervisor - Bolingbrook Distribution Centre
Permanent · Bolingbrook
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Deerbrook
Permanent · Humble
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Clinton Crossing Premium Outlet
Permanent · Clinton
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Clinton Crossing Premium Outlet
Permanent · Clinton
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Aventura
Permanent · Aventura
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Gardens
Permanent · Palm Beach Gardens
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Garden State
Permanent · Paramus
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Park City Outlet
Permanent · Park City
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Grapevine Mills Outlet
Permanent · Grapevine
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Brandon Town Center
Permanent · Brandon
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Burlington
Permanent · Burlington
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Polaris Fashion Place
Permanent · Columbus
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Westfarms
Permanent · West Hartford
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Hanes
Permanent · Winston-Salem
ABERCROMBIE KIDS STORES
Abercrombie Kids - Manager in Training, Garden State
Permanent · Paramus
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Fayette
Permanent · Lexington
Translated by
Nicola Mira
Published
Jan 10, 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 10, 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 © 2022 FashionNetwork.com All rights reserved.