Gucci is the first luxury house to accept ApeCoin (APE) cryptocurrency in its US stores. The Kering-owned maison was quick to adopt digital currencies and will now offer shoppers the possibility to make in-store purchases using ApeCoin through BitPay, the world’s largest provider of online payment services. Gucci has been trialing a roll-out of...
Aug 4, 2022
Kering Group revenue in the first half of 2022 grew 23 percent as reported to 9,930 million euros and 16 percent on a comparable basis compared to the first six months of 2021. Group revenue also rose compared to the first half of 2019, up 28 percent on a comparable basis. In the second quarter of 2022, sales rose by 20 percent as reported and...
Jul 28, 2022
Italian luxury label Gucci has stepped past Spanish rival Balenciaga to be named the hottest brand on the planet in the second quarter of the year, according to the latest Lyst Index. The index, created by fashion search platform Lyst, examines more than eight million items and rates them by volume of social media mentions, searches, page views,...
Jul 27, 2022
Italian fashion house Gucci has announced a new strategic partnership with the Ellen MacArthur Foundation to accelerate its vision of a circular economy and regenerative agriculture for the future. Ellen MacArthur Foundation is a charity committed to creating a circular economy that delivers better outcomes for people and the environment and...
Jul 6, 2022
When Gucci unveiled its latest pet collection it was a decidedly broader range than simply clothes for animals. The Italian luxury house has expanded the category with accessories, fashion and homeware, betting its well-heeled customers will be happy to splurge on those they love: their pets. Gucci said it is continuing the narrative of surprise...
Jul 5, 2022
A member of Gucci’s industrial platform, Pigini, is set to begin construction of a new production plant in Italy’s Marche region, covering an area of 10,000 square metres. The new “sustainable” structure will be dedicated to the production of sport and formal shoe uppers for the Gucci brand. According to a release, the facility, which is...
Luxury fashion house Gucci has revealed a new collaboration with Harry Styles, building on the friendship between the brand’s creative director Alessandro Michele and the singer-songwriter. The ‘Gucci HA HA HA’ collection, which the duo said is the “starting point of a creative journey”, consists of a mix of aesthetics, ranging from the pop and...
Jun 21, 2022
Brands are flocking to the metaverse, staking their Web3 presence for what is hopefully the inevitable: when the masses begin to adopt digital’s new frontier and start spending their time and money in alternate universes. Gucci last week unveiled the curtains to Gucci Town, a virtual piazza in Roblox’s landscape. Powered by Vault, Gucci’s...
Jun 13, 2022
Building a 10 billion euro fashion powerhouse is probably the dream of every conglomerate and luxury brand CEO. Currently only a few have achieved these monumental figures or at least managed to nudge toward to the divine ten bn. These include Louis Vuitton, Chanel, Gucci and Hermès. Kering on Wednesday said it aims to double the sales of Saint...
Jun 9, 2022
A mini travel duffle-shaped bag retails for 2,200 euros; a v-neck t-shirt costs 520 euros; a pair of loafers is 890 euros. Such are the price points of luxury goods, at which most seasoned high-end shoppers rarely bat an eyelid. But these items, as it happens, are from the new adidas collection in collaboration with Gucci, augmenting everything...
Jun 1, 2022
Media company ArtsThread and Italian luxury fashion house Gucci have announced the judges for the third year of its global design graduate show 2022. ArtsThread’s collaboration with Gucci offers students the chance to succeed in gaining employing or to launch their own fashion brand. The show is designed to celebrate all art and design students,...
May 31, 2022
Gucci is launching a smart ring with finnish tech company Oura. Oura rings are a sleep and activity tracker measuring the physiological signals of one’s body in relation to their lifestyle. The company has marketed itself as a fashionable alternative to clunky wearable tech products and users appreciated the simplicity of its designs. The Gucci...
May 30, 2022
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