Revitalizing Gucci: Kering’s paramount endeavor

By AFP Translated by Roberta HERRERA Published Apr 11, 2024 Gucci has long served as the powerhouse driving the luxury conglomerate Kering forward. Yet, sales of the esteemed Italian brand are decidedly on a downward trajectory in a decelerating global luxury market. Consequently, Kering has little choice but to rejuvenate the brand by elevating its … Read more

Gucci recruits its new deputy CEO from Louis Vuitton

Translated by Cassidy STEPHENS Published Apr 11, 2024 In the midst of its repositioning, Gucci has announced a new key appointment to complete its front-line management team. Kering’s flagship label has recruited Stefano Cantino from Louis Vuitton to take on the newly created role of deputy CEO to support CEO Jean-François Palus. Palus took the … Read more

Louis Vuitton totes and Dior micro bags can save luxury

By Bloomberg Published Apr 5, 2024 In 2007, Louis Vuitton introduced a new spacious bag in its trademark monogram. Meant as a seasonal beach carry-all, the Neverfull, as it was known, became an instant hit. Part of the appeal was that it was relatively affordable. I purchased one in 2010, and it cost around £600 ($760). Not cheap … Read more

Former Gucci CEO Marco Bizzarri invests in Elisabetta Franchi

Translated by Cassidy STEPHENS Published Apr 4, 2024 Marco Bizzarri is beginning a new chapter. After eighteen years with Kering at the helm of some of the group’s finest houses, including Gucci from 2015 to 2023, the manager is announcing a new phase in his professional life, “focused on investments in companies and human resources … Read more

Former Gucci CEO Bizzarri sets up investment company

By Reuters API Published Apr 2, 2024 Former Gucci executive Marco Bizzarri has set up a new investment company after recently leaving the Kering-owned brand, documents seen by Reuters on Tuesday showed. Reuters After taking the helm at Gucci in 2015, he went on to appoint Alessandro Michele as the label’s chief designer and helped … Read more

Valentino must beware becoming Gucci 2.0

By Bloomberg Published Mar 29, 2024 Valentino, the fashion house that’s 30% owned by Kering SA, has named Alessandro Michele, the former creative director of its flagship brand Gucci, as its new top designer. He succeeds Pierpaolo Piccioli who stepped down last week.  © PixelFormula The appointment has the potential to transform the label controlled by Qatar’s Mayhoola. It also … Read more

Valentino names Alessandro Michele new creative director

Six days after ending the quarter century career of Pierpaolo Piccioli at Valentino, the Rome-based house has named ex-Gucci designer Alessandro Michele to be its new creative director. Alessandro Michele – Valentino “It is a great honor for me to be welcomed into the Valentino Maison. I feel the immense joy and responsibility of joining … Read more

Valentino will not be showing in June

Translated by Cassidy STEPHENS Published Mar 25, 2024 The fashion world is still reeling from Valentino’s announcement on Friday March 22, that it is parting ways with its creative director Pierpaolo Piccioli. That said, the show must go on. With the first rumours circulating about potential candidates to succeed the designer, the Roman luxury fashion … Read more

Gucci’s China shock reverberates across the luxury landscape

By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – … Read more

Gucci dedicates a documentary to Sabato De Sarno for the launch of his first collection

Translated by Cassidy STEPHENS Published Mar 15, 2024 As Gucci’s Ancora collection hits stores, Kering’s flagship fashion house is marking the occasion with a documentary dedicated to its creative director Sabato De Sarno. Previewed on Friday, March 15 on the VOD film platform Mubi, the short film will be available on all Air France flights … Read more