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Brunello Cucinelli (BC) investor relations material
Brunello Cucinelli Q3 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Revenues for the first nine months of 2025 reached €1,019.2 million, up 10.8% year-over-year at current exchange rates and 11.3% at constant rates.
All major geographic regions posted strong growth, with Asia leading at 15.6%, followed by the Americas at 9.3% and Europe at 8.8%.
Retail channel revenues grew 11.6% to €645.8 million, while wholesale channel revenues increased 9.3% to €373.4 million.
Third quarter sales were €335.0 million, up 11.8% year-over-year, with retail up 14.4% and wholesale up 7.7%.
Strong sales momentum continued through mid-October, with positive feedback from clients and the global luxury market.
Financial highlights
Europe contributed €370.1 million (36.3% of total), Americas €365.8 million (35.9%), and Asia €283.3 million (27.8%).
China represented about 13% of total revenues, with double-digit growth.
Retail channel accounted for 63.4% of revenues (€645.8 million), wholesale for 36.6% (€373.4 million).
Italy posted €120.3 million in revenues, up 9.1% year-over-year.
High-end tourism and American customers supported European growth.
Outlook and guidance
Revenue growth of around 10% is expected for both 2025 and 2026, with healthy and balanced profits.
Major investments are planned, including the completion of the Made in Italy artisanal production plan and doubling of the Solomeo factory.
The company anticipates harmonious growth across geographies and channels, supported by strong order intake for Spring-Summer 2026 collections.
October sales trends confirm strong momentum across all geographies.
Major investments in production capacity and infrastructure, including factory expansion, are underway.
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Frequently asked questions
Italian craftsmanship of contemporary designs
The global apparel, accessory, and lifestyle brand Brunello Cucinelli create and markets its goods worldwide. Clothing and leather goods make up its two business categories. The brand sells collections for men and women, with men's offerings including jackets, overcoats, suits, trousers, shirts, jeans, sweaters, and knitwear; women's offerings include dresses and skirts for formal events or more casual everyday wear.
The cashmere specialist from Solomeo:
A cashmere garment lasts forever; you never throw it away. You must pass it on to your children.
This is a quote from Brunello Cucinelli’s founder, CEO, and creative director with the same name about the company’s highly regarded cashmere products. Even though the company hasn't been around for approximately 45 years, the high-end luxury characteristics of its products and Mr. Cucinelli’s long-term thinking when making important business decisions make it very similar to many of the over 100-year-old brands in LVMH’s portfolio.
Further reading: Brunello Cucinelli: 10 Core Ideas
Background and history
In 1978, Brunello Cucinelli established his couture business, specializing in feminine clothing made of Mongolian cashmere.
The company's stock became public in 2012, and in January 2018, creator Brunello Cucinelli (who owns the shares through his holding Fedone Srl) sold 4 million of them, reducing his ownership to 51 percent of the capital.
In addition to paying employees wages that are 20 percent over the industry standard, the firm distributes 20 percent of its income to its charity foundation.
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