Brunello Cucinelli Annual Sales Increased By 15.4%

Italy luxury goods < a href= "//www.sjfzxm.com/news/index_c.asp" > clothing < /a > producer BrunelloCucinelliSpA (BCU.MI) released preliminary sales data for fiscal year 2013 on Thursday, pointing out that the total annual sales reached 322 million 500 thousand euros, up 15.4% from the 279 million 300 thousand euro in fiscal 2012, which is in line with analysts' expectations.

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< p > BrunelloCucinelliSpA (BCU.MI) indicates that the expansion of the retail network has boosted sales, and the annual sales growth of retail channels has reached 50% to 115 million 400 thousand euros, representing a 35.8% share of total sales.

The wholesale channel business rose 1.2% to 33 million 100 thousand euros over the same period, accounting for 173 million 900 thousand euros, which accounted for 53.9% of the total sales of 53.9% of the sales channels, up 2.5% from the same period of the fiscal year 2012.

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The 52.5% sales increase in < p > Greater China region has also become the main driving force of BrunelloCucinelliSpA (BCU.MI).

In the 18 BrunelloCucinelli boutiques as of December 31, 2013, 15 million 700 thousand euros were sold to the group, accounting for 4.9% of the total sales.

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P sales increased by 23.2% to 109 million 100 thousand euros, and Europe increased 20% to 107 million 900 thousand euros, accounting for 33.8% and 33.5% of the total sales respectively. The world's other markets increased by 5.7% to 23 million 100 thousand euros; Italy was the only declining market, with a decrease of 2.9% to 66 million 700 thousand euros compared with the previous year.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > BrunelloCucinelliSpA < /a > (BCU.MI) the board chairman and chief executive BrunelloCucinelli said that the 2014 autumn and winter series released just now at Florence PittiUomo men's wear exhibition has received a positive and strong response, while the order of spring and summer series is also ideal. Therefore, sales and profits are expected to continue to achieve double-digit growth this year, while Italy will also resume positive growth.

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The investment budget of < p > BrunelloCucinelliSpA (BCU.MI) for 2014-15 years is 60 million euros. With the revival of men's a href= "//www.sjfzxm.com/news/index_c.asp" > suit "/a" in the European and American market, part of the budget will be used to increase the sales area of men's wear in existing stores.

Men's business goals account for 33% of total revenue.

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< p > group plans to continue dividend policy last year, accounting for 26% of the net profit.

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< p > BrunelloCucinelliSpA (BCU.MI) in January 17th Italy time 10:42 plate reported 22.94 euros, an increase of 3.10%.

Since its listing in 2012, the cumulative increase has reached 230%, but the market is worried that the luxury industry will have a difficult future in 2014. Since from January 7th to 16th, BrunelloCucinelliSpA (BCU.MI) share price has fallen by 14%. BrunelloCucinelli is not worried about this: "I always think that our stock can increase 20-25% every year.

It's normal to slip a little. "

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