Gucci news and archive

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...

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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...

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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...

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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...

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StockX trends: Asics, Adidas, and On fastest-growing sneaker brands

StockX, the global resale platform for sneakers, streetwear and collectables, has released its latest trend report ‘Big Facts: Brands Making Moves,’ revealing that brands on the rise, include Asics, Adidas, and On, while Denim Tears, Timberland, and Prada are among the brands that made the biggest jumps on the secondary market in 2024. Analysing...

Fashion

Lyst Index: Loewe back at the top, On Running on the rise

Loewe has climbed back to the top of the most sought-after brands thanks to its cultural engagement, 'it' pieces and collaborations. The Spanish luxury fashion house topped the Lyst Index for the second quarter of 2024. This put Loewe ahead of the Italian Prada Group fashion houses Miu Miu and Prada, which secured second and third place...

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Gucci-owner Kering forecasts 30 percent drop in H2 operating income

Kering’s group revenue of 9.1 billion euros for the first half period, down 11 percent as reported and on a comparable basis. In the second quarter, revenue totaled 4.5 billion euros, also down 11 percent as reported and on a comparable basis. Recurring operating income fell 42 percent to 1.6 billion euros and net income attributable to the...

Business

Kering sees earnings fall, issues profit warning

Luxury group Kering said Wednesday its half-year net profit fell by half and warned operating earnings for the second half of the year would be down around 30 percent. Revenues also slid by 12 percent and its flagship brand Gucci continues to underperform, with sales down by 20 percent.(AFP)

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Ewa Abrams takes over as president of Kering Americas

Ewa Abrams, currently general counsel of Kering Americas, which she joined in 2018, is now appointed president of Kering Americas, effective August 1, 2024. The company said in a statement that she will report directly to Jean-Marc Duplaix, deputy CEO, in charge of operations and finance, and succeeds Laurent Claquin, following his appointment...

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Video: Gucci SS25

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

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Valentino drops first collection designed by Alessandro Michele

Alessandro Michele, the newly appointed creative director of Valentino, unveiled a surprise pre-spring 2025 collection look book during the penultimate day of Milan men's fashion week, three months before his highly anticipated debut runway show. The collection, consisting of 171 looks and 91 detail shots of accessories, marks the triumphant...