Brunello Cucinelli reports 52% record sales growth in China
Italian luxury house of Brunello Cucinelli reports an impressive 52% sales growth in China for the full year 2013, and a 15,4% growth worldwide, to a total 0f 322 million euros. Italy registered a decline of -2,9% in sales for Brunello Cucinelli in 2013, while Europe overall saw a 20% increase. The company reports a net profit of 16 million euros in 2013 against 1 million euros in 2012. The company invested over 38 million euros in expanding its network of directly operated stores worldwide.