Brunello Cucinelli resumes shipments to Saks Global and expects no financial impact in 2026

The Italian luxury group resumed shipments to Saks Global in late January and expects no financial hit this year. Sales at the retail chains continue to grow.

洞察:
Brunello Cucinelli S.p.A. announced on February 18, 2026, that it has resumed regular shipments of its Spring/Summer 2026 collection to Saks Global and is receiving regular payments from the company. The resumption of business activities at the end of January follows the mid-January Chapter 11 filing by Saks Global. The Italian luxury house stated that the Saks Global filing will not have a financial impact on its performance in 2026, ensuring the stability of its retail distribution and supporting its previously issued revenue outlook.
The continuity of the partnership is particularly relevant given the long-standing history between the two entities. The company has maintained a retail relationship with Saks and its associated department stores for more than 30 years. This network remains a critical component of the brand's presence in the United States USUS, encompassing prominent names such as Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, and Saks OFF 5TH. Saks Global operates under the umbrella of the Hudsons Bay Company.
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