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Italy’s Brunello Cucinelli sees more double-digit growth in 2019

News World

 Italian luxury group Brunello Cucinelli said on Tuesday it had a “very positive outlook” for its business in 2019, and expected further double-digit growth.

Source: Reuters – The revenue and core profit of the company, known globally for its plush cashmere designs, have consistently increased in the last six years and its shares have risen more than fivefold since April 2012, when it first listed on the Milan bourse.  The group, based in the central Italian region of Umbria, has said it expects double-digit growth in revenue and profit in 2018.

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