In 2021, Brunello Cucinelli boasted 114 monobrand retail stores around the world, located in the most exclusive shopping streets. Thanks to its global presence the company managed to steadily increase its revenue over the course of the years, reaching a value of over 700 million euros in 2021.
Quality pays off
Founded in 1979, the luxury fashion company produces high-end clothes and accessories for women and men. The success of the company and its brand lies in the high quality of its products, which are entirely hand-made in Italy. Located in the heart of the Italian region of Umbria, the company grew over the years and became renowned worldwide. In 2023, Brunello Cucinelli reported a turnover of over one billion euros, approximately some 90 percent of which originated from outside of Italy.
Going public
In 2012, the company decided to go public and was listed on the Milan Stock Exchange. Since then, its market capitalization has increased significantly. Moreover, the company’s net worth was around 450 million euros as of December 2023.
Worldwide number of monobrand retail sales network of the Italian fashion luxury company Brunello Cucinelli between 2013 and 2023
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Brunello Cucinelli . (April 23, 2024). Worldwide number of monobrand retail sales network of the Italian fashion luxury company Brunello Cucinelli between 2013 and 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/665220/worldwide-number-of-retail-stores-brunello-cucinelli/
Brunello Cucinelli . "Worldwide number of monobrand retail sales network of the Italian fashion luxury company Brunello Cucinelli between 2013 and 2023." Chart. April 23, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/665220/worldwide-number-of-retail-stores-brunello-cucinelli/
Brunello Cucinelli . (2024). Worldwide number of monobrand retail sales network of the Italian fashion luxury company Brunello Cucinelli between 2013 and 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/665220/worldwide-number-of-retail-stores-brunello-cucinelli/
Brunello Cucinelli . "Worldwide Number of Monobrand Retail Sales Network of The Italian Fashion Luxury Company Brunello Cucinelli between 2013 and 2023." Statista, Statista Inc., 23 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/665220/worldwide-number-of-retail-stores-brunello-cucinelli/
Brunello Cucinelli , Worldwide number of monobrand retail sales network of the Italian fashion luxury company Brunello Cucinelli between 2013 and 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/665220/worldwide-number-of-retail-stores-brunello-cucinelli/ (last visited November 10, 2024)
Worldwide number of monobrand retail sales network of the Italian fashion luxury company Brunello Cucinelli between 2013 and 2023 [Graph], Brunello Cucinelli , April 23, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/665220/worldwide-number-of-retail-stores-brunello-cucinelli/