Brunello Cucinelli : Clear weather, relatively good visibility
>No marked change in trend expected in H2, growth still brisk despite the clearly more unfavourable sector context - The group has not seen any major slowdown or gap relative to its forecasts in Q3. The guidance of full-year growth close to 10% in 2024 implicitly reflected H2 sales growth a shade below 10% after the 14.7% reported by H1 (in retail, the comparison base is normalising in H2 after H1 still benefited from major new surface openings effective in H2 2024)...Brunello Cucinelli is an Italian company engaged in the fashion industry that produces luxury products. Co. is engaged in the design, manufacture, and distribution of luxury clothing and accessories collections and is known for its cashmere products. Co. provides outerwear, trousers and dresses, shirts, t-shirts, leather goods and accessories products on the market through a number of different distribution channels such as: the retail distribution channel (direct retail sales); the wholesale monobrand channel (franchised monobrand retail stores); and the wholesale multibrand channel (independent multibrand stores).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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