Fashion
Italy’s Brunello Cucinelli surpasses $1 bn in 9M 2025 revenues
Region-wise, Europe generated €370.6 million (+8.9 per cent), driven by domestic demand and luxury tourism, particularly from American clients. The Americas contributed €365.6 million (+9.2 per cent), with directly operated stores and luxury department stores performing strongly. Price adjustments offset new US tariffs without weakening demand. Asia posted the highest growth of 15.6 per cent to €283.4 million, with China maintaining double-digit momentum supported by the new Shanghai Pudong boutique, alongside positive contributions from Japan, South Korea, and a new Abu Dhabi opening.
Brunello Cucinelli has reported revenues of €1,019.6 million (~$1.19 billion) in the first nine months of 2025, up 10.8 per cent YoY.
Growth was broad-based: Europe rose 8.9 per cent, Americas 9.2 per cent, and Asia 15.6 per cent, led by China and new boutiques.
Retail gained 11.4 per cent, wholesale 9.7 per cent.
The group expects ~10 per cent growth in 2025 and 2026.
Retail revenues rose 11.4 per cent to €644.8 million, accounting for 63.2 per cent of the total, boosted by new boutiques and solid like-for-like growth. Wholesale advanced 9.7 per cent to €374.8 million, with around 400 prestigious multi-brand partners ensuring healthy sell-through. Orders for Spring-Summer 2026 closed with excellent results, Brunello Cucinelli said in a press release.
Inventory levels stood at 28.2 per cent of sales as of June 2025, consistent with the ready-to-wear model and historical averages, while being positioned as a creative resource to fuel prototyping and innovation. Exposure to Russia declined to 1.4 per cent of revenues (€14.8 million), with flagship stores closed due to sanctions but employees retained.
“We closed the first nine months of the year with excellent results in terms of turnover, with growth of 10.8 per cent at current exchange rates (11.3 per cent at constant exchange rates) and, given the quality of sales, we believe the same applies in terms of profit; we feel that the image of the brand clearly conveys how we seek to live and work,” said Brunello Cucinelli, executive chairman and creative director of the group. “Milan’s Women’s Fashion Week has now come to an end: our collection received extremely positive reviews for style, craftsmanship, quality, and exclusivity, and we are, of course, very pleased with this.”
In the third quarter (Q3) of 2025, revenues reached €335.5 million (~$392.5 million), up 12 per cent, with retail growing 13.9 per cent and wholesale 9.0 per cent. Growth remained broad-based across regions, supported by boutique openings in Abu Dhabi and Shanghai, strong demand for the Fall/Winter 2025 collection, and highly positive reception of Spring/Summer 2026. The company also prepares to launch an enhanced online boutique by year-end.
Brunello Cucinelli expects to close 2025 with revenue growth of around 10 per cent, supported by the strong sell-out of the Fall/Winter 2025 collection and balanced global performance.
With two new openings and two expansions planned in the final quarter, growth is expected to remain well-distributed across regions and channels. 2025 also marks an important investment year, with the 2024–2026 Made in Italy plan completed ahead of schedule and the Solomeo factory expansion securing capacity until 2035.
Looking ahead, the strong order intake and positive reception of the Spring/Summer 2026 collection reinforce management’s confidence in achieving a further 10 per cent revenue increase in 2026, accompanied by healthy and balanced profits, added the release.
Fibre2Fashion News Desk (SG)
“We designed this collection with parents in mind. Shopping for a newborn, as a gift or for your own, should feel joyful and easy. Everything is intended to be mixed together and matched — it’s fun, it’s emotional, and the value is incredible.”. – Sarah Holme, Head of Design & Product Development for Old Navy.
Old Navy has introduced Little Navy, a new collection of newborn essentials designed to simplify early-stage shopping and gifting.
The range includes layettes, hats, booties and mix-and-match basics in soft, seasonless colours and cosy fabrics.
Sized for babies up to 24 months, the line focuses on comfort, versatility, emotional appeal and strong value for modern parents.
Little Navy goes beyond onesies, offering layettes, hats, booties, and more, all in one convenient collection and no extra searching required. It features a soft, seasonless color palette, cozy fabrics, and versatile styles made for newborns and babies up to 24 months, with sizing that allows Little Navy to grow with baby.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
They said bank audit procedures have stalled numerous applications. Around Tk 57 billion in incentives for the textile and apparel sector remain unsettled in fiscal 2025-26, creating acute liquidity pressure and affecting exports.
Bangladesh trade body BGMEA representatives recently met Finance Minister Amir Khasru Mahmud Chowdhury and urged him to release pending cash incentives without waiting for quarterly release schedules and simplify the disbursement process.
They said bank audit procedures have stalled numerous applications.
They also raised concerns over loan rescheduling and working capital.
The authorities were requested to disburse incentives upon application submission instead of waiting for quarterly release schedules, according to a release from the trade body.
BGMEA vice president Mohammad Shihab Uddoja Chowdhury raised concerns over loan rescheduling and working capital. He said banks often reschedule loans to maintain non-performing loan ratios, but fail to provide the working capital factories need to resume operations.
He proposed that banks pair rescheduling with working capital support to create a win-win outcome, allowing factories to operate and repay loans. The finance minister agreed with the proposal.
BGMEA leaders also called for business facilitation and lower operational costs to help Bangladesh remain competitive in the global market. They sought policy support to remove obstacles in customs, ports and other administrative layers and to ensure an investment-friendly environment.
Fibre2Fashion News Desk (DS)
Bangladesh think tank Centre for Policy Dialogue has called for major reforms in business environment, tax collection, trade deals and FDI management, cautioning that the country’s post-election economic transition may be at risk without evidence-based decisions and strong accountability.
A CPD study identified ‘leaking revenue’ as the weakest area across all decision-making indicators.
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