Market capitalization of Brunello Cucinelli on Milan Stock Exchange 2017-2021

The market capitalization of the Italian fashion company Brunello Cucinelli reached a value of about 3.25 billion euros as of September 2021. This is almost twice the value of 1.75 billion euros recorded in October 2020. Moreover, the company’s net worth was equal to 261.1 million euros as of December 2020.

 Quality is paramount 

  Founded in 1979, the luxury fashion company Brunello Cucinelli focuses on the production of 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 region of Umbria, the company has grown to become a well renowned fashion brand worldwide. In fact, Brunello Cucinelli registered a steadily increasing turnover over the last few years, 85 percent of which originates outside of Italy.  

 Worldwide presence 

  In 2019, Brunello Cucinelli boasted 106 directly operated retail spaces and approximately 1,800 employees around the world. Its global presence allowed the company to secure steadily increasing revenues over the course of the years. However, in 2020 Brunello Cucinelli reported revenues of a fall in revenue of around 10 percent increase owing to the coronavirus (COVID-19) pandemic.