Cucinelli Styles Out Rocky Russia Reports -- Market Talk

Dow Jones12-12

0650 GMT - Allegations about Brunello Cucinelli's business in Russia haven't tarnished the brand, analysts at Berenberg write in a note to investors. Earlier this year, a short seller said the Italian luxury-fashion firm had misled shareholders about its Russia operations. The company denied the claims, which precipitated a plummet in Cucinelli's share price. But the company has quickly moved on, this week raising its revenue guidance for the year. "Brunello Cucinelli, with its focus on absolute luxury and exclusivity, combined with its fair treatment of all stakeholders, offers the highest visibility of future revenue growth in the sector," Berenberg says. (joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

December 12, 2025 01:51 ET (06:51 GMT)

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