Cucinelli Eyes Double-Digit Sales and Continued Profit Growth in 2015

Aug 29, 2014 759

Italian luxury cashmere maker Brunello Cucinelli forecast double-digit growth in earnings and sales both this year and next, after its net profit rose 18 percent to 15.6 million euros in the first half of 2014.

Cucinelli said on Sept. 27th, it had completed the sales campaign of its Spring/Summer 2015 men's collection and the women's one was also at an advanced stage. "The data and, more in general, the mood in the absolute luxury segment prompt us to envisage next year as another year enjoying excellent results of double-digit healthy growth," the company said in a statement.

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