Turnover wool & cashmere clothing company Loro Piana 2011-2018

In 2018, Loro Piana S.p.A., an Italian clothing company specialized in cashmere and wool products, registered an annual turnover of over 690 million euros. The turnover of the company increased overall during the period considered, growing from 423 million euros in 2011 to 574 million euros in 2018. Moreover, in the same year, the company registered a net profit of 150 million euros.

In the LVMH realm

Loro Piana is a highly specialized company founded in the 19th century in North-West Italy and operates in the luxury goods sector. It produces high-end clothing and accessories made of wool and cashmere for women, men and kids. Moreover, the Italian textile house also supplies its fabrics to many other brands. In 2013, 80 percent of the company was bought by LVMH and became part of the leading group worldwide for luxury goods.

A niche sector

Small niche companies that value high-quality and excellence such as Loro Piana are not an exception but rare to come by. Another example in the same sector is represented by Brunello Cucinelli, a company started in 1979 with a focus on cashmere clothing for women and men. Brunello Cucinelli became renowned all over the world for its high-end luxury products, and registered a steadily increasing annual revenue since 2013.

Turnover of the Italian wool and cashmere clothing company Loro Piana S.p.A. from 2011 to 2018

Turnover in million euros
2018690.05
2017574.4
2016498.4
2015518.9
2014 505.5
2013 483.6
2012 462.4
2011423.5
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Source

Release date

November 2019

Region

Italy

Survey time period

2011 to 2018

Supplementary notes

Figures are rounded.

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