Trade Brunello Cucinel SPA - BCm CFD

Brunello Cucinel Company profile

About Brunello Cucinelli SpA

Brunello Cucinelli SpA is an Italy-based company engaged in the fashion industry. The Company designs, manufactures and sells clothing for woman and men, cashmere products and accessories collections. Its product portfolio includes knitwear, coats and jackets, leather clothing items, suits, dresses, shirts, blouses, trousers, accessories and other leather goods. The Company markets its products through direct retail channel; wholesale monobrand channel, consisting of franchised monobrand retail stores, and wholesale multibrand channel, which includes department and independent multibrand stores. Brunello Cucinelli SpA operates through numerous subsidiaries located in Italy, Switzerland, Belgium, the United States, France, Germany, Austria and Japan, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Brunello Cucinelli SpA revenues increased 31% to EUR712.2M. Net income totaled EUR53.3M vs. loss of EUR33.2M. Revenues reflect Comparable Store Sales (Growth- %) - Ret increase from -20.8 to 56.2%, Retail Sales increase of 56% to EUR419.8M. Net Income reflects Impairment of Assets and Other Provision decrease of 86% to EUR4.9M (expense).