German premium brand ESCADA inaugurated last week its mono-brand store in the Romanian ...
read more
Prada opened last week two stand alone stores, marking the official entry on the Moroccan ...
read more
French luxury group PPR, parent company of Gucci, Bottega Veneta, Boucheron has teamed up ...
read more
French luxury maison Chanel announced the opening of its 6th store in Australia, in the ...
read more
Italian luxury group TOD'S which includes the Tod's, Hogan, Fay and Roger Vivier brands, ...
read more
The biggest rally in three years for luxury-goods makers in Europe is fizzling on concern ...
read more
Brunello Cucinelli, yet another successful luxury brand to emerge from the crisis with higher profits
News 01 April 2010
Cashmere speacialist Brunello Cucinelli registered in 2009 a turnover of EUR 154,69 an increase of 7,53% compared with 2008. The net profit has been at EUR 8,82, an increase of 11,22% compared with the 2008. Fashionmag
This proves once again that luxury brands which make no compromise on quality and which remain focused on their heritage are not only going to overcome the crisis but will also advance in their financials. Other similar success stories: Louis Vuitton, Hermes, Loro Piana.