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Brunello Cucinelli Stays out of Industry's Troubles Thanks to Its Wealthy Clientele -- Market Talk

Brunello Cucinelli Stays out of Industry's Troubles Thanks to Its Wealthy Clientele -- Market Talk

Dow JonesDow Jones2026/10/05 10:07

1003 GMT - Brunello Cucinelli should continue to post sector-leading sales growth, helped by its exposure to the most affluent consumers, RBC Capital Markets' Nikolaos Lafioniatis and Piral Dadhania say. The Italian high-end fashion company's absolute luxury positioning offers a degree of defensiveness that is becoming increasingly attractive in the current challenging economic backdrop, they add. Ongoing headwinds in demand for luxuries will affect other competitors that target more aspirational and less rich consumers, the analysts say. RBC upgrades the stock to outperform from a sector perform rating. Shares are up 0.77% at 80.80 euros. (andrea.figueras@wsj.com) (END) Dow Jones Newswires October 05, 2026 06:07 ET (10:07 GMT)

1003 GMT - Brunello Cucinelli should continue to post sector-leading sales growth, helped by its exposure to the most affluent consumers, RBC Capital Markets' Nikolaos Lafioniatis and Piral Dadhania say. The Italian high-end fashion company's absolute luxury positioning offers a degree of defensiveness that is becoming increasingly attractive in the current challenging economic backdrop, they add. Ongoing headwinds in demand for luxuries will affect other competitors that target more aspirational and less rich consumers, the analysts say. RBC upgrades the stock to outperform from a sector perform rating. Shares are up 0.77% at 80.80 euros. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

October 05, 2026 06:07 ET (10:07 GMT)

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