Luxury cashmere clothing maker Brunello Cucinelli Cashmere is to open two new single-brand stores in New York and Moscow.

The store openings, which follow the recent opening of a single-brand store in Paris, will be situated on New York's Bleecker Street and on Moscow's Petrovka street.

1978-established Brunello Cucinelli predicts a sales increase of 7.2 per cent to €67 million for 2005.