Brunello Cucinelli

Global luxury groups · BC.MI

The Japan read

From the company's own filing for H1 2026 (to June) · reported 2026-07-30 · the filing

JapanCucinelli says Japan, along with South Korea (served only through wholesale), kept positive demand in the half, roughly in line with the first-quarter trend; it gives no Japan sales figure.
Not disclosedJapan is not broken out: it sits in Asia, which grew 14.1% at constant exchange rates (10.0% reported) to €215.2m, or 28.7% of revenue, with China the main driver.

Other callouts in the filing

BasisCurrency translation took 3.8 points off reported growth (floortok's arithmetic: 13.3% constant vs 9.5% reported); the yen averaged ¥184.46 per euro in the half, against ¥162.12 a year earlier.
One-offNet profit rose far less than EBIT because foreign-exchange gains shrank to €1.3m from €12.4m, pushing net financial expenses up to €18.4m from €6.5m.
OutlookCucinelli nudged its 2026 target to 10–11% growth at constant exchange rates from about 10%, citing July sales and order books, and kept its roughly 10% goal for 2027.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

floortok holds 2 reported periods for this company.

H1 2026 (to June) · Year-to-Date

Reported 2026-07-30

Revenue€0.7bn+9.5%

EBIT€0.1bn+12.6%

Net income€0.1bn+2.0%

The Italian 'quiet luxury' label kept compounding: first-half revenue rose 13.3% at constant currency (9.5% as reported, to €749mn) and its EBIT margin improved to 17.1% from 16.6%, with EBIT up 12.6% to €128mn. Net profit grew a more modest 2% to €78mn as a swing in currency gains raised financing costs. Asia — the region that houses Japan — grew 14.1% at constant currency to 28.7% of sales, led by China; Japan isn't broken out separately, but the company said demand there stayed positive, roughly in line with the first quarter, and it raised full-year guidance to 10–11% constant-currency growth.

Q1 2026 · revenue only · Year-to-Date

Reported 2026-04-09revenue only

Revenue€0.4bn+8.1%

Operating profit——

Net income——

The Italian 'quiet luxury' label stayed a standout, with first-quarter revenue up 14% at constant currency (+8% reported) and full-year growth guided at around 10%. Asia — its China-led region that also contains Japan — rose 18% at constant currency; Japan isn't disclosed separately.

Not disclosedJapan isn't disclosed separately; Asia, its China-led region that includes Japan, rose 18% at constant currency.
OutlookFull-year growth is guided at around 10%.