Italian denim brand Cycle aims to double revenues to €5 million by FY26, further expanding these to €10 million in coming years.

The brand also plans increase its turnover to €90 million by FY24-end, achieving 20 per cent of it through exports. The Numero 8-owned will expand both its domestic as well as international operations by focusing on the denim segment, and launching new knitwear and women’s accessories. Another of its plans includes expanding into the men’s segment in the medium term.

Founded in 2000, Cycle currently has 350 stores, most of these located in Italy. The company also has a few direct customers in Europe and Korea and plans to launch a whole sale in Japan soon.

The brand has developed a new knitwear collection for the winter season. Made in Italy, with 70 per cent of it manufactured by workshop in Veneto, the collection boasts of environmentally-friendly fabrics and washes. Besides collaborating with various Italy-based laundries for its denim washes, the company has also developed new sustainable and recyclable packaging for this collection, notes Enrico Spinazze, Founder, Numero 8.

Aiming to grow at all levels, Numero 8 also plans to expand its workforce by adding new employees, both at the commercial level for foreign development and at the internal level, adds Spinazze.

At the last Pitti Uomo show, Cycle showcased its range of denim jackets and trousers with a used look obtained by processes such as waxing. Treated to create irregular aged effects, these garments are available in grey-black and brick variants.

The brand has also introduced a light blue denim jacket with horizontal stitching for the season. Available with a cold-proof padding for both male and female customers, the jacket is suitable for both autumn and winter seasons.