{"id":76716,"date":"2022-01-11T11:26:49","date_gmt":"2022-01-11T10:26:49","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=76716"},"modified":"2022-01-11T15:48:41","modified_gmt":"2022-01-11T14:48:41","slug":"brunello-cucinelli-reports-better-than-expected-results-for-2021","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/brunello-cucinelli-reports-better-than-expected-results-for-2021\/","title":{"rendered":"Brunello Cucinelli reports better than expected results for 2021"},"content":{"rendered":"<h4>Italian fashion brand Cucinelli has reported better-than-expected results for the year 2021, despite a volatile and fluctuating environment due to the global Covid-19 pandemic.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Cucinelli<\/strong> is forecasting a<strong> 31%<\/strong> increase in sales in<strong> 2021<\/strong>, at current exchange rates, after the Covid-19 pandemic caused a <strong>10%<\/strong> decline in sales in<strong> 2020<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>According to Refinitiv SmartEstimate, analysts had forecast sales of <strong>\u20ac703 billion<\/strong> in <strong>2021.<\/strong> Far from the reality, total net sales amounted to <strong>\u20ac712 billion<\/strong>, an increase in sales of <strong>19%<\/strong> compared to <strong>2019<\/strong>, the year before the arrival of the global pandemic.<\/p>\n<p>&nbsp;<\/p>\n<p>Following its 2021 earnings announcement, the brand is aiming for <strong><em>&#8220;nice, healthy and balanced growth of around 10%&#8221;<\/em> for the current year and 2023<\/strong>, despite the Covid-19 epidemic rebounding worldwide.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/wp-admin\/post.php?post=76715&amp;action=edit&amp;lang=fr\">ACCORDING TO THE FINANCIAL TIMES, LVMH IS THE BIG WINNER OF THE COVID-19 CRISIS<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photos : \u00a9 Brunello Cucinelli<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italian fashion brand Cucinelli has reported better-than-expected results for the year 2021, despite a volatile and fluctuating environment due to the global Covid-19 pandemic.<\/p>\n","protected":false},"author":1,"featured_media":76721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Italian fashion brand Cucinelli has reported better-than-expected results for the year 2021, despite a volatile and fluctuating environment due to the global Covid-19 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