Brunello Cucinelli (BIT:BC) reported a solid performance for fiscal year 2025, with sales rising 11.5% at constant currency, coming in at the midpoint of its recently increased guidance range of 11% to 12%.
The Italian luxury group generated revenues of €1.408 billion, representing a 10% increase on a reported basis and broadly in line with market expectations. The result reflects resilient demand for the brand despite a more challenging operating environment for the global luxury sector.
In the fourth quarter, sales advanced 11.9% at constant currency, slightly below the latest guidance that had pointed to growth broadly matching the third quarter’s 12.5% increase. Even so, the performance was viewed as resilient given tougher year-on-year comparisons, particularly in the retail channel, where comparables were around 500 basis points more demanding.
Retail revenue grew 14.5% at constant currency in the fourth quarter, marginally under the company’s guidance of approximately 16% growth. Wholesale activity, meanwhile, slowed in the second half of 2025, with constant-currency growth of 6% compared with 9% for the full year. This deceleration was most evident in the fourth quarter, partly reflecting shipment timing that had favoured the third quarter.
Leave a Reply