Gucci news and archive

Coty subsidiary files lawsuit against Kering and Gucci

A subsidiary of beauty giant Coty has filed a lawsuit against Kering and Gucci in a UK commercial court weeks after a landmark acquisition deal between Kering Beauty and L’Oréal. A case filing by HFC Prestige International Operations Switzerland SARL – the documents of which have not yet been made public – has listed Gucci America Inc; Guccio...

FeaturedMember

Business

Gucci continues to weigh on results: Kering reports 10 percent revenue decline in Q3

Kering announced a 10 percent revenue decline for the third quarter on Wednesday. This is the first financial release since Luca de Meo took office in September as the new chief executive officer, tasked with getting the luxury group back on track. Revenue fell to 3.4 billion euros, a decline less severe than in previous quarters. However,...

FeaturedMember

Business

L'Oréal deal to 'help us lighten the ship and relaunch our fashion brands' - Kering's Luca de Meo

Kering, which has been trying to revive its flagship brand Gucci for years, will present its third-quarter revenue on Wednesday. This is the first financial publication since Luca de Meo's arrival in September as chief executive officer to turn around the luxury group. This publication comes 72 hours after the announcement of the sale of...

FeaturedMember

Business

An analysis of Kering Beauté's refocusing strategy and sale to L’Oréal

Far from a hasty analysis, the sale of Kering's beauty division to L’Oréal for approximately four billion euros is more than a simple divestment. It is a decisive move, driven by an undeniable logic of debt reduction and refocusing. FashionUnited breaks down the five operational reasons behind this major transaction. “So, Kering selling its ‘...

Featured

Fashion

Gucci tops inaugural Cultural Currency Index

Italian fashion house Gucci has topped the first-ever Cultural Currency Index (CCI), a new social-first data-based model created to quantify how cultural engagement translates into measurable market momentum. The index from Annex, the analytics-driven brand consultancy co-founded by Miah Sullivan, former global chief marketing officer and...

FeaturedMember

Business|Opinion

Is recovery in sight for the luxury sector? LVMH thinks so

The fashion industry’s mood may be brightening, if only by a few degrees. LVMH, the world’s largest luxury group and the sector’s perennial bellwether, delivered a cautiously optimistic third-quarter report, suggesting that the long-anticipated recovery in global luxury spending may finally be taking shape. After several quarters of challenges,...

Member

Business

EU fines Gucci, Chloé and Loewe millions for violating competition rules

Brussels, Belgium – The European Union announced on Tuesday that it had imposed fines totalling 157 million euros on luxury firms Gucci, Chloé and Loewe for breaching competition rules. The sanctions follow surprise raids conducted in April 2023 and an antitrust investigation by the European Commission in July 2024. The EU's executive arm...

Featured

Fashion

Milan Fashion Week was a season of reckoning and renewal

Milan Fashion Week this September was as much an event behind the scenes as it was on the runway. The tides of fashion have rarely shifted as abruptly as in 2025, and both the spectacle and the machinery of the industry now unfold under intense scrutiny. According to the Camera Nazionale della Moda Italiana, Italy’s fashion industry generates...

Featured

Fashion

Gucci wipes the slate clean as Demna debuts La Famiglia

Few moments in fashion feel genuinely pivotal, but the winds of change swept through Gucci on Monday, when the Florentine fashion house erased its social media and presented 37 looks for the season. It was a bold debut by Demna, who, instead of staging a catwalk show, unveiled the collection within a short film by directors Spike Jonze and...

Video

Video: ‘The Tiger’ presented by Gucci

The short film ‘The Tiger’, presented by Gucci and directed by Spike Jonze and Halina Reijn, premiered in Milan on September 23. It showcases looks from the ‘Gucci: La Famiglia’ collection by new creative director Demna Gvasalia. “The story of The Tiger follows Barbara Gucci, head of Gucci International and chairman of California, as she gathers...

Fashion

Gucci: Demna unveils brand's new direction

Gucci's new creative director, Demna Gvasalia, has offered a first glimpse into Gucci's future. On Monday, the designer presented ‘La famiglia’, "the beginning of a new, brazen, sexy, excessive and provocative era", according to a press release. The Gucci ‘La famiglia’ collection explores all the nuances of "Gucciness": the essence of Gucci as a...

Featured

People

Kering: Francesca Bellettini appointed president and CEO of Gucci

Her departure had been rumoured for weeks, and this afternoon, it was confirmed. Gucci released a statement announcing Stefano Cantino’s decision to leave the company. In a separate statement, the French company announced Francesca Bellettini as the new CEO and president of Gucci. Cantino’s exit and Bellettini’s appointment as head of Gucci...