MILAN — Expansion of its retail network and a 52.5 percent jump in sales in China helped Brunello Cucinelli SpA report a 15.4 percent rise in preliminary revenues to 322.5 million euros, or $425.7 million, in the year ended Dec. 31. This compares with revenues of 279.3 million euros, or $357.5 million, in 2012.
Chairman and chief executive officer Brunello Cucinelli said orders for spring and a strong reception of the brand’s fall men’s collection should result in double-digit revenue and profit growth this year.
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)