MILAN, Jan 12 (Reuters) - Revenues at Italian luxury group Brunello Cucinelli BCU.MI rose 11.5% at constant exchange rates last year, in line with its most recent guidance.
The cashmere brand, the first in the luxury sector to report 2025 preliminary sales, said on Monday its revenues rose to 1.41 billion euros ($1.65 billion) last year, boosted by a solid growth in America and in Asia. It confirmed the expectation that revenues would increase by 10% in 2026.
In the fourth quarter alone, turnover increased by 11.9%, standing out in a luxury sector hit by slowing demand, thanks to its focus on wealthier consumers.
($1 = 0.8564 euros)
(Reporting by Elisa Anzolin, editing by Cristina Carlevaro)
((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))