Can a Members-Only App Solve Luxury Fashion's Inventory Problem? [Yahoo! Finance]
BRUNELLO CUCIN UNSP/ADR (BCUCY)
NASDAQ:AMEX Investor Relations:
investor.brunellocucinelli.com/en
Company Research
Source: Yahoo! Finance
The challenge of managing and getting rid of overstock can be thornier in these upper echelons of the industry , as they navigate the offloading while maintaining an allure of exclusivity. The founders of Mile, a new online platform with an impressive list of initial investors, believe they've finally solved this problem. For many years, outlets and sample sales were the IRL default solution; then, sites like The Outnet, which sells past and in-season designer pieces at a reduced price, emerged , bolstered by the cachet of being backed by a respected industry player. Mile, which launched Wednesday, positions itself as a happy medium: The tiered subscription app offers curated merchandise from brands like JW Anderson Prada Balenciaga and Brunello Cucinelli , some at full-price, but most at up to 90% retail markdown — which you can only access if you receive an invitation to join. "[Our goal] was to build something that really revolutionized the inventory position in luxury fashion
Show less
Read more
Impact Snapshot
Event Time:
BCUCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BCUCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BCUCY alerts
High impacting BRUNELLO CUCIN UNSP/ADR news events
Weekly update
A roundup of the hottest topics
BCUCY
News
- Mytheresa Prospers As An Online Luxury Fashion Marketplace By Crossing The Digital Divide [Forbes]Forbes
- Mytheresa Posts Strong Q3 Sales Gain Driven by U.S. Market and Big Spenders [Yahoo! Finance]Yahoo! Finance
- Levi Strauss Settles Trademark Lawsuit Against Brunello Cucinelli [Yahoo! Finance]Yahoo! Finance
- Mytheresa & Brunello Cucinelli's Joint Effort Was A Huge Success [Forbes]Forbes
- Prada Group Signals It Is Open to M&A, as It Amps Up Investments in Industrial Structure [Yahoo! Finance]Yahoo! Finance