Italian luxury goods group Brunello Cucinelli last week announced 14.7% YoY revenue growth for the first half of the year, calculated at a fixed exchange rate. Due to its focus on the high-end market, the group has been less affected by industry slowdown. The revenue increase was driven by double-digit growth in the Americas and Asia, which respectively accounted for 36% and 28% of total revenue for the period. The group noted that the Chinese market still holds “significant potential” for the fashion company, contrasting with challenges faced by other luxury brands in China.