MILAN, July 13 (Reuters) – Italian luxurious group Brunello Cucinelli BCU.MI improved its gross sales steering for 2021 for the second time this yr on Tuesday after revenues jumped within the three months to June, accelerating a restoration from the low level of the coronavirus pandemic.
The corporate stated revenues had soared by virtually 60% at fixed change charges within the first six months to succeed in 313.7 million euros ($370.6 million) in comparison with a yr in the past.
Gross sales on the finish of June had been 10% above their pre-pandemic ranges within the first half of 2019, and rose by 13.8% within the second quarter in contrast with two years in the past.
The model identified for cashmere clothes, which had already raised its gross sales outlook in March, stated it now expects “wonderful gross sales progress for the entire of 2021, within the area of +20% in comparison with 2020” and an additional improve of round 10% for 2022.
Its revised steering in March was for 15-20% gross sales progress in 2021 and a 9-10% rise in 2022.
Gross sales fell by 10% final yr because of the fallout from the well being disaster.
($1 = 0.8464 euros)
(Reporting by Claudia Cristoferi, modifying by Silvia Aloisi)
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