Designer Berluti Reveals Opening Ceremony Tuxedo for French Athletes

An employee shows the Paris 2024 - Berluti label sewn inside the suit jacket for the French team athletes for the opening ceremony by LVMH's upscale menswear label Berluti, in a showroom at Berluti headquarters in Paris, France, April 10, 2024.  REUTERS/Stephanie Lecocq
An employee shows the Paris 2024 - Berluti label sewn inside the suit jacket for the French team athletes for the opening ceremony by LVMH's upscale menswear label Berluti, in a showroom at Berluti headquarters in Paris, France, April 10, 2024. REUTERS/Stephanie Lecocq
TT
20

Designer Berluti Reveals Opening Ceremony Tuxedo for French Athletes

An employee shows the Paris 2024 - Berluti label sewn inside the suit jacket for the French team athletes for the opening ceremony by LVMH's upscale menswear label Berluti, in a showroom at Berluti headquarters in Paris, France, April 10, 2024.  REUTERS/Stephanie Lecocq
An employee shows the Paris 2024 - Berluti label sewn inside the suit jacket for the French team athletes for the opening ceremony by LVMH's upscale menswear label Berluti, in a showroom at Berluti headquarters in Paris, France, April 10, 2024. REUTERS/Stephanie Lecocq

LVMH-owned menswear brand Berluti unveiled navy wool suits with colored silk lapels for France's Olympic athletes' opening ceremony outfits on Tuesday.
LVMH, a sponsor of the Paris 2024 games, said the "tuxedo-inspired outfit" reflected Berluti's identity, using "noble materials and patina effects" for an elegant, French look.
The jacket lapels have a red and blue motif inspired by the French flag and the brand's signature color-infused patina leather shoes. The women's jackets have cut-away sleeves.
Berluti was founded in Paris in 1895 by a young Italian shoemaker. The French athletes will also wear Berluti trainers or leather loafers.



Italy's Cucinelli Maintains Sales Growth Forecasts for this Year and Next

FILE PHOTO: A logo of Brunello Cucinelli is seen on a door at their company headquarters in Solomeo village, near Perugia, Italy, September 4, 2018. REUTERS/Alessandro Bianchi/File Photo
FILE PHOTO: A logo of Brunello Cucinelli is seen on a door at their company headquarters in Solomeo village, near Perugia, Italy, September 4, 2018. REUTERS/Alessandro Bianchi/File Photo
TT
20

Italy's Cucinelli Maintains Sales Growth Forecasts for this Year and Next

FILE PHOTO: A logo of Brunello Cucinelli is seen on a door at their company headquarters in Solomeo village, near Perugia, Italy, September 4, 2018. REUTERS/Alessandro Bianchi/File Photo
FILE PHOTO: A logo of Brunello Cucinelli is seen on a door at their company headquarters in Solomeo village, near Perugia, Italy, September 4, 2018. REUTERS/Alessandro Bianchi/File Photo

Italian luxury fashion group Brunello Cucinelli on Wednesday confirmed its expectations for sales growth of around 10% in both 2025 and 2026 despite looming US tariffs.
Starting from its Fall-Winter 2025 collections, the company will work on a new price list in the US in response to the possible impact of tariffs but it does not expect this to have much impact on its business, Reuters reported.
"We do not believe that this measure will result in a significant change in purchases by American clients," it said in a statement, noting the strength of its brand.
The group said sales had risen 10.5% at constant exchange rates in the first quarter, boosted by a solid performance in retail and wholesale channels.
Best known for its cashmere garments, the Italian company sold 37% of its products in the Americas region last year.
First quarter sales came in at 341.5 million euros ($388.2 million), broadly in line with an analysts' forecast of 343 million euros, according to LSEG data.
Amid a slowdown in luxury demand, the group has so far outperformed the industry thanks to its high-end positioning.