Cucinelli chairman flags strong first quarter, including in China

[admin]

Italian luxury group Brunello Cucinelli performed well in the first quarter, including in the Unites States and China, the group's founder and executive chairman said on Wednesday. The group, which is focused on high-end clothing and accessories, expects to raise prices by 1-2% this year, after a 4% increase last year, Executive Chairman Brunello Cucinelli said at an event in Milan. Cucinelli is due to publish first quarter results on Apr. 17.