Brunello Cucinelli Achievement Growth

Italy luxury cashmere brand Brunello Cucinelli sales and profit margins rose, the Group Chairman and CEO Brunello Cucinelli (below) was very satisfied with the first quarter performance, while he optimistic about the two digit growth in 2015, based on:

2015 achieved a good start, with excellent performance in the first quarter.

Sold out, the next autumn and winter series of orders are considerable.

This year is the three year.

The last year.

The three year plan laid a solid foundation for the group to continue its efforts in the handicraft industry.

Greater China region

An increase of 10.2% to 6 million 900 thousand euros over the same period, thanks to:

The outstanding performance of the existing direct boutique network: there are 19 single brand boutiques in the Greater China region (including the last single brand wholesale boutique opened in Taiwan last year) and about 10 boutiques in the mainland.

The pformation of single brand wholesale channel to direct channel promoted sales growth positively.

Sales of high-end customers in local markets and overseas major luxury consumer markets have contributed to sales growth.

This reflects that although the macroeconomic, political and monetary changes and fluctuations have affected the purchase decisions of local consumers and overseas tourists, the buying habits of high-end consumers have not been greatly affected.

Under the balanced price policy, the offshore consumption of Asian consumers continued to drive the group's sales in the current quarter.

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