Brunello Cucinelli Reports Strong First-Half Performance and Raises Annual Sales Guidance
Luxury fashion brand Brunello Cucinelli reported strong first-half performance in fiscal year 2026, with revenue rising to €749.4 million at current exchange rates—a 9.5% increase compared to the same period last year. The Americas remained its largest market by sales volume (37.2%), growing 13.6%, while China and Europe also showed solid growth of 10% and 5.1%, respectively. The company raised its full-year revenue guidance from a previously expected 10% to now between 10-11% at constant exchange rates, citing favorable sales trends in July. Net profit increased by 2% year-on-year to €78.2 million and operating profit rose 12.6% to €128.2 million with an improved EBIT margin of 17.1%. The firm also announced plans for a new boutique, Casa Cucinelli, in Shanghai as part of its long-term strategy in China. Brunello Cucinelli is investing heavily in digital transformation and AI technology through partnerships like the one with Salesforce to enhance customer experience on its e-commerce platform Callimacus. The company expects continued growth into 2027, forecasting a revenue increase of around 10%.