Sign in

    Francesca Di Pasquantonio

    Research Analyst at Deutsche Bank

    Francesca Di Pasquantonio's questions to Brunello Cucinelli S.p.A./ADR (BCUCY) leadership

    Francesca Di Pasquantonio's questions to Brunello Cucinelli S.p.A./ADR (BCUCY) leadership • Q1 2021

    Question

    Francesca Di Pasquantonio of Deutsche Bank inquired about the online business trend, questioning if its stabilization at 5% indicates a consumer shift back to physical retail, and also asked for an opinion on the current state of the wholesale channel.

    Answer

    Executive Chairman Brunello Cucinelli affirmed his strong belief in the emotional and advisory role of physical stores, noting a palpable desire for in-person shopping in reopened markets. While the online channel is important for showcasing products, he sees brick-and-mortar as vital. He also expressed high regard for the wholesale channel, particularly multi-brand stores, for brand positioning and inspiration, stressing that a contemporary product is the key to success.

    Ask Fintool Equity Research AI

    Francesca Di Pasquantonio's questions to Brunello Cucinelli S.p.A./ADR (BCUCY) leadership • Q1 2020

    Question

    Francesca Di Pasquantonio from Deutsche Bank asked about the percentage of stores currently open, if there was a goods return agreement with Neiman Marcus, the plan for managing unsold inventory, and whether to expect cost efficiencies given the focus on future growth.

    Answer

    Executive Chairman Brunello Cucinelli stated that approximately 50% of stores were open. He confirmed there are no return or consignment agreements with Neiman Marcus, highlighting a long-standing cash-based relationship. He mentioned that the strategy for unsold goods would be detailed in September and clarified that significant cost efficiencies are not the immediate focus, as the company's structure is positioned for growth with recent and upcoming strategic store openings.

    Ask Fintool Equity Research AI

    Francesca Di Pasquantonio's questions to COMPAGNIE FINANCIERE RICHEMONT AG /FI (CFRUY) leadership

    Francesca Di Pasquantonio's questions to COMPAGNIE FINANCIERE RICHEMONT AG /FI (CFRUY) leadership • Q2 2016

    Question

    Francesca Di Pasquantonio inquired about any product buybacks from third-party retailers and asked for expectations on the timing of a wholesale channel recovery.

    Answer

    CFO Gary Saage acknowledged that minor stock adjustments with retailers occur but stated they are not a significant factor in the reported wholesale performance. He reiterated that the company has 'no idea' when the wholesale environment will improve, emphasizing that they are not making predictions. He highlighted that production is adjusted continuously, as shown by the zero inventory build in the first half.

    Ask Fintool Equity Research AI