Brunello Cucinelli is having a banner 2022, with revenue projected to increase 28% from €712 million last year. And its eponymous founder expects the Solomeo, Italy-based luxury brand to continue that momentum in 2023, with sales expected to increase 12%, he tells Axios via a translator.
Why it matters: Both numbers well outpace the prediction by Bain & Co. that personal luxury goods' sales will grow 22% this year and somewhere between 3% and 8% next year.
