Gucci news and archive

Video: How Demna will bring back Tom Ford's Gucci

Demna's husband briefly posted a photo of himself in vintage Tom Ford-era Gucci, hinting at Demna's potential creative direction for Gucci. This deleted photo sparks discussion on Gucci's struggle for identity, past creative directors, and balancing heritage with modern relevance, all while aiming to recapture the magic of the Tom Ford era.

Retail

Gucci Italia employees protest over unpaid welfare benefits

Approximately 1,000 retail and logistics employees at Kering-owned Gucci Italia are staging a protest. In a statement, trade unions Filcams Cgil, Fisascat Cisl and Uiltucs declared industrial action. This follows the company's refusal to distribute welfare payments, as stipulated in an expired collective agreement. The unions highlighted how...

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Business

Kering stock analysis: Shareholder confidence despite profit drop

Kering's (KER) share price remains steady on Wednesday morning. After a brief dip immediately following the stock market's opening, the share price is now a few percentage points higher than the previous day. The French luxury group published its second-quarter and first-half results for the financial year after markets closed on Tuesday. The...

Fashion

Demna confirms date for debut Gucci show

Designer Demna has revealed that his debut show for Gucci will take place in March 2026. This removes the spring/summer womenswear show, typically held at the end of September, from this year's calendar. "I need more than two months to develop a vision," Gucci's new chief design officer told fashion journalist Suzy Menkes. This was revealed in a...

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Business

Coty considering two-part sale, according to industry sources

US-based group Coty Inc., listed in New York and Paris, may be approaching a decisive turning point. According to several industry sources cited by WWD, the cosmetics specialist is considering a partial sale of its businesses, potentially paving the way for a profound restructuring of the company. Two-stage sale According to information gathered...

People

Is François-Henri Pinault stepping back from Kering?

Paris - 63-year-old François-Henri Pinault, chief executive officer of French luxury group Kering (Kering), is reportedly planning to separate the roles of chairman and chief executive officer. This information was published on Thursday by the business magazine Challenges. According to the magazine, which did not cite its sources, Pinault will...

Featured

Fashion |Opinion

Creative direction reshuffle: Does the trust between CEO and creative director have an expiration date?

With Maria Grazia Chiuri's departure from Dior now official, new appointments are anticipated. It seems as though all that is missing is the station master's whistle and the call of “all aboard” to begin this latest journey towards a new creative direction in luxury fashion. We are witnessing a continuous reshuffling of creative directors; only...

People

Gucci appoints new head of Europe

Italian fashion house Gucci has reportedly reshuffled some top positions, including a new head for the Europe, Middle East and Africa (EMEA) region. Maria Cristina Lomanto is taking on the role of president EMEA, according to trade magazine FashionNetwork. She will assume responsibility for the region on June 1. In addition, Marcello Costa has...

Featured

Fashion |Opinion

Kering faces crossroads as Gucci’s identity crisis deepens

Following a disappointing quarter, Kering is under increasing pressure as its crown jewel, Gucci, struggles through a challenging transition. Industry analysts warn that the global luxury sector is entering a period of stagnation, and Gucci, once Kering’s fastest-growing brand, appears especially vulnerable. Gucci’s 25 percent drop in Q1 sales...

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Business

Kering: sales down 14 percent in first quarter, weighed down by Gucci

Paris - Luxury group Kering, still weighed down by its flagship brand Gucci, announced on Wednesday a 14 percent drop in sales to 3.88 billion euros in the first quarter of 2025 and is "redoubling its vigilance to overcome macro- economic turbulence". "As we anticipated, Kering faced a difficult start to the year," said its chief executive...

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Business

The Gucci paradox: While new sales collapse, second-hand sales explode

Despite a sharp 23 percent drop in retail sales in 2024, Gucci remains a standout in the resale market—particularly on Vestiaire Collective. The resale platform highlighted this surprising dynamic in its newly released Vestiaire Value Ranking, which identifies the brands offering the best resale value. By analyzing the accessibility,...

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Fashion |Report

The Dior Saddle & Hermès Kelly bag are the handbags to invest in for 2025

As the US stock market continues to fall into negative territory over the latest tariff changes, individuals around the world seek out more stable and secure alternatives for investing. From gold to arts and collectibles, some of the most sought-after investment pieces in the fashion industry have long included Rolex watches and the ever-iconic...