Cucinelli sees a 10% growth in sales for 2023 and imagines doubling revenues, initially forecast in the 2019-28 period, as early as 2026.
The estimate for 2022 takes into account the war between Russia and Ukraine, which has no impact on Cucinelli’s Italian supply and production chain.
The area will be completely redeveloped. “We have already started to work on recovering the land, and this will be followed by the building conversion plan that will allow us to gradually build up to about 40,000 square meters [430,550 square feet],” said Cucinelli. Revenues in Italy amounted to 24.2 million euros, up 2.8 percent compared with the same quarter in 2021, and representing 12.3 percent of the total.
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