Gucci news and archive

Gucci Logistics increases stake in Colonna Group tannery to 100 percent

Kering subsidiary Gucci Logistics is increasing its stake in Colonna Group to strengthen its investment in the leather industry. Gucci Logistics, which is active in the design, development, engineering, production, purchasing, sales, import and export of Gucci branded products, already held a 51 percent stake in the tannery since 2019, but is...

Fashion

Gucci and Nan Goldin to be honoured at upcoming Fashion Awards

The British Fashion Council (BFC) has revealed more names to be honoured during the upcoming Fashion Awards, set to take place December 2. Gucci is set to receive the Special Recognition Award for its ‘We Will Always Have London’ campaign, which had been directed by the brand’s creative director Sabato De Sarno and captured by photographer Nan...

People

Gucci welcomes communications professional from Givenchy as part of restructuring

Italian fashion house Gucci, a subsidiary of luxury giant Kering, confirmed to fashion magazine WWD that it is making a number of changes to its team in line with a restructuring. Valérie Leberichel will join Gucci as senior vice president of global communications at the end of December, reporting directly to Stefano Cantino, who will succeed...

BusinessFeatured

The price of reinvention: What’s at stake when brands change their creative directors?

What drives creative director changes? Is it a dip in sales, a shift in the board's vision, or pressure from investors? And more importantly, what are the financial consequences when a brand changes its creative director? Massimiliano Giornetti, director of Polimoda and former designer for luxury brands like Salvatore Ferragamo and Shanghai...

BusinessFeatured

Kering's Gucci conundrum: Market shows patience despite deepening sales slump

Investors are displaying remarkable faith towards Kering's transformation strategy, even as the luxury conglomerate grapples with a significant 16 percent decline in group sales and persistent challenges at its flagship brand Gucci. The market's measured response — shares edged up 0.5 percent following the earnings announcement — suggests a...

BusinessFeatured

Luxury slowdown impacts Kering's Q3, sales fall 16 percent

Kering Group revenue in the third quarter was 3.8 billion euros, down 15 percent reported and 16 percent on a comparable basis. In the first nine months, the group generated revenue of 12.8 billion euros, down 12 percent both as reported and on a comparable basis. “With discipline and determination, we are executing a far-reaching transformation...

Fashion

Gucci to show Cruise collection in Florence, signalling return to roots

Gucci's decision to stage its next cruise collection in Florence marks a symbolic return to its roots, coming at a crucial juncture for the Italian luxury house as it navigates a period of strategic transformation and management upheaval. Strategic shift amid market challenges The announcement arrives on the eve of parent company Kering's...

PeopleFeatured

Stefano Cantino takes over as CEO of Gucci

Kering has appointed Stefano Cantino as CEO of Gucci, reporting to Francesca Bellettini, deputy CEO of Kering in charge of brand development. Stefano Cantino, who joined Gucci in May 2024 as deputy CEO, will have a seat on Kering’s executive committee succeeding Jean-François Palus as of January 1, 2025. Stefano Cantino succeeding Jean-François...

People

Gucci appoints Cayetano Fabry chief commercial officer

Luxury label Gucci has named Louis Vuitton veteran Cayetano Fabry as its new chief commercial officer. Fabry joins Gucci from Saint Laurent, where he was most recently president, EMEA, a role he held for over four years. Prior to Saint Laurent, Fabry had been at the Parisian brand’s sister label Louis Vuitton for 16 years. He initially started...

Video

Video: Gucci SS25

Vea la colección SS25 de Gucci en la Milan Fashion Week. Promotion Descubre más sobre Gucci en la página de la marca

Video

Video: Gucci SS25

Watch Gucci’s runway show at Milan Fashion Week showcasing their SS25 collection. Promotion Read more about Gucci on their brandpage

Fashion

Luxury resale market is surging as consumers embrace 'better for less' ethos

Consumers, particularly millennials and Gen Z, are increasingly turning to pre-owned statement designer items for summer events, says eBay. This trend, dubbed the "Brat Green summer" by industry insiders, reflects a broader shift towards sustainable fashion and value-driven purchasing. Recent data from eBay reveals a marked increase in searches...