Italian luxury fashion brand Brunello Cucinelli reported record-breaking sales in 2025, exceeding expectations set a year ago. Turnover reached over 1.4 billion euros, up 10.1% at constant exchange rates. Sales in Europe rose by 8.3%, the Americas by 9.2%, and Asia by 13.7%. Retail revenues increased by 11.3%, with plans to open new stores in 2026. Investments totaled around 145 million euros as part of a three-year plan from 2024 to 2026. Net debt stood at 200 million euros as of Dec. 31, with a focus on balanced growth and reaching revenues of around 1.8 billion euros by 2028. Cucinelli premiered the film “Brunello, il Visionario Garbato” in December, marking a successful end to the year. 1. The unemployment rate in the United States dropped to 5.2% in September, the lowest level since the start of the pandemic. This marks a significant improvement from the 8.2% rate seen in July.

2. The stock market saw a sharp increase with the S&P 500 reaching an all-time high, driven by strong corporate earnings and positive economic data. The Dow Jones Industrial Average also saw gains, closing above 35,000 for the first time.

3. In international news, China’s economy grew by 4.9% in the third quarter of 2021, falling short of expectations but showing signs of a continued recovery. The country’s GDP has now expanded for 19 consecutive quarters.

4. The European Union announced plans to invest €300 billion in clean energy projects over the next decade as part of efforts to combat climate change. This funding will support the development of renewable energy sources and reduce reliance on fossil fuels.

5. In the tech industry, Apple unveiled its latest iPhone model, the iPhone 13, featuring improved cameras, longer battery life, and a faster processor. The company also announced updates to its iPad and Apple Watch lines, along with new software features.

Read more at Yahoo Finance: Brunello Cucinelli Reports Record-breaking 2025 Sales