Gucci news and archive

Kering unveils recovery plan, aims to more than double profit margin

French luxury giant Kering has announced a recovery plan as the group continues to struggle. On Thursday, it revealed measures that include more than doubling its operating margin rate in the medium term. The group began a transformation last year under its new chief executive officer, Luca de Meo. It now aims to achieve an operating margin rate...

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Gucci looks to reignite the flame in its Italian home

Paris, France - Having transitioned from a fashion icon to a thorn in the side of French luxury group Kering, Gucci must now reinvent itself to avoid further weighing on its parent company's accounts. The luxury giant, which also owns Yves Saint Laurent, Bottega Veneta, Kering Eyewear and Boucheron, will present its strategy to investors on...

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Kering: a crucial week to reassure markets and relaunch Gucci

French luxury leader Kering, held back by difficulties at Gucci, is facing a decisive moment. This week, the group will present its new roadmap during a highly anticipated investor day in Florence. All eyes are on the speech by Italian Luca de Meo, the group's chief executive officer, at the Capital Markets Day on Thursday in Gucci's birthplace....

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Dolce & Gabbana brings in ex-Gucci boss

Italian fashion house Dolce & Gabbana said Monday that it had appointed the former Gucci boss Stefano Cantino as its co-chief executive, part of a management shake-up as it seeks to refinance its debt. He will be co-CEO with Alfonso Dolce, the brother of D&G co-founder and designer Domenico Dolce, the company said in a statement. Alfonso Dolce...

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Milan Fashion Week champions artisanal craftsmanship, creativity and quality materials

There was a great deal at stake during this edition of Milan Fashion Week. From the highly anticipated creative director debuts at brands like Gucci and Fendi to srutiny over the Armani brands, now creatively managed by Pantaleo Dell'Orco and Silvana Armani following the founder's passing, the event served as a litmus test for a revitalised...

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Fashion |Opinion

Milan Fashion Week was an era of infinite opinions. Who is fashion really for?

As Milan Fashion Week drew to a close, one thing felt undeniable: everyone is now a fashion critic. Not just the front row. Not just the legacy editors. But analysts, Substack writers, TikTok commentators, luxury consultants, meme accounts and armchair aesthetes alike. The more interesting question is not whether opinions are polarised, they...

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Gucci champions street style with shoulder-slung bum bags, bare midriffs and double G thongs

The intentions and sentiments are good. “This first show of mine for Gucci introduces a universe of people, archetypes, consumers and dress codes destined to inspire my creative language for the future. It is a beginning, but already a mature one, full of intention,” Demna wrote in a letter on show day. However, it is well known that numbers are...

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Francesca Bellettini: the CEO forging Gucci's future

In an industry defined by dynamic shifts and heritage, the appointment of Francesca Bellettini as president and chief executive officer of Italian luxury maison Gucci in September 2025 marks a pivotal moment. With Gucci, the flagship brand of the French luxury group Kering, still facing declining sales and profits, Bellettini has been entrusted...

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Kering 2025: moment of truth for François-Henri Pinault's powerhouse

The luxury sector is no longer smooth sailing, and Kering (Kering) has become its most sensitive barometer. With a 13 percent decline in turnover, compressed profitability, and Gucci still undergoing reconstruction, the French group concludes a 2025 financial year that management describes as transitional. Investors, however, see it primarily as...

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Chiara Baravalle appointed general manager of Dsquared2

Chiara Baravalle is the new general manager of Canadian-Italian fashion brand Dsquared2, with immediate effect. Baravalle will lead the company's global strategy, operations and continued expansion. She will report directly to founders and creative directors Dean and Dan Caten, a statement explained. Baravalle's appointment coincides with a new...

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Italy sweatshop probe snares more luxury brands

Italian prosecutors on Thursday named Gucci, Prada, Versace and Yves Saint Laurent as among 13 luxury brands suspected of using subcontractors who exploited migrant workers in Italy, as part of a growing investigation into sweatshop conditions. Milan prosecutor Paolo Storari issued requests for information about alleged abuses by the brands,...

Fashion

Gucci to present Cruise 2027 collection in New York

Gucci will present the Cruise 2027 collection in New York on May 16. The show will mark Demna’s debut for the house’s cruise line, following the designer’s debut collection in February. The US city holds a fundamental place in Gucci’s history. In 1953, the house opened its first overseas boutique in New York, initiating the brand’s international...