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HomeLifestyle NewsCucinelli Bucks Gloomy Industry Trend With Revenue Rise

Cucinelli Bucks Gloomy Industry Trend With Revenue Rise

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Revenues at Brunello Cucinelli rose 12.7 percent at constant exchange rates in the first nine months of the year, driven by double digit growth in the Americas and in Asia, the Italian luxury group said on Thursday.

As global demand for luxury goods slows, the Italian group keeps growing, helped by its focus on higher-end consumers and by a more limited exposure to China compared to its rivals.

In the third quarter itself, revenues rose 9.2 percent to 300 million euros ($325 million), a touch…

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