MILAN — A rise in global exports and growth in all its sales channels lifted Brunello Cucinelli SpA revenues in the first six months of the year. In the period ended June 30, the Italian luxury firm posted preliminary revenues of 175.8 million euros, or $239 million, up 11.6 percent compared with 157.6 million euros, or $206.4 million, in the same period last year.
“We are really proud of the way our industry is performing. We have the impression that at a global level a clear-cut distinction is emerging between products strongly exhibiting quality, exclusivity, manual work and recognizability — clearly expensive products — on the one hand, and other well-made industrially manufactured products that are manufactured anywhere else in the world and sold at a convenient price on the other hand,” said Brunello Cucinelli, chairman and chief executive officer. “We therefore keep supporting and investing strongly in our uniqueness and in the recognizability of Made in Italy.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)