Brunello Cucinelli lifts 2026 outlook after 13.5% third-quarter revenue gain

Third-quarter revenue at the Italian luxury house reached €374.2 million (about $419 million), up 13.5% at constant exchange rates. Over the first nine months of 2026, revenue climbed 13.3% at constant currencies.

The company now expects full-year 2026 revenue growth of around 12% at constant exchange rates, up from a previous range of 10% to 11%. The upgrade comes as much of the luxury sector continues to work through a prolonged downturn.

Retail was the strongest channel, growing 19% at constant exchange rates across the nine-month period and 17% in the third quarter alone. Wholesale advanced 4% over the first nine months.

Sales rose across every region, according to the company: 20% in the Americas, 7% in Europe and 14% in Asia at constant exchange rates, with a significant contribution from China.

"The first nine months of 2026 closed with revenue up 13.3% at constant exchange rates, a result we find particularly interesting," executive chairman and creative director Brunello Cucinelli said in a statement issued on Thursday. He described the brand's global image as reflecting "a belief in absolute luxury, without logo."

Looking further out, the company forecast revenue growth of about 10% for 2027, pointing to the performance of its Spring-Summer 2027 menswear and womenswear collections.