Italian luxury group Brunello Cucinelli on Monday posted a 29.1 percent increase in 2022 revenue at current exchange rates, a touch above its latest guidance and market expectations.
The brand known for cashmere clothing last month raised its sales guidance for the third time in a year to indicate growth of around 28 percent for 2022.
On Monday it stuck to a projection of a 12 percent increase in sales this year and of about 10 percent in 2024.