Gucci news and archive

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...

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Rumours of CEO change at Gucci: Is Francesca Bellettini taking the reins?

New Kering chief executive officer Luca de Meo is wasting no time restructuring the French luxury group. Following his official start date on Monday, September 2, a significant change at the helm of Gucci is already emerging. As reported by trade media outlets such as Business of Fashion and Women’s Wear Daily, Gucci CEO Stefano Cantino is...

Video

Video: How Demna will bring back Tom Ford's Gucci

Demna's husband briefly posted a photo of himself in vintage Tom Ford-era Gucci, hinting at Demna's potential creative direction for Gucci. This deleted photo sparks discussion on Gucci's struggle for identity, past creative directors, and balancing heritage with modern relevance, all while aiming to recapture the magic of the Tom Ford era.

Retail

Gucci Italia employees protest over unpaid welfare benefits

Approximately 1,000 retail and logistics employees at Kering-owned Gucci Italia are staging a protest. In a statement, trade unions Filcams Cgil, Fisascat Cisl and Uiltucs declared industrial action. This follows the company's refusal to distribute welfare payments, as stipulated in an expired collective agreement. The unions highlighted how...

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Business

Kering stock analysis: Shareholder confidence despite profit drop

Kering's (KER) share price remains steady on Wednesday morning. After a brief dip immediately following the stock market's opening, the share price is now a few percentage points higher than the previous day. The French luxury group published its second-quarter and first-half results for the financial year after markets closed on Tuesday. The...

Fashion

Demna confirms date for debut Gucci show

Designer Demna has revealed that his debut show for Gucci will take place in March 2026. This removes the spring/summer womenswear show, typically held at the end of September, from this year's calendar. "I need more than two months to develop a vision," Gucci's new chief design officer told fashion journalist Suzy Menkes. This was revealed in a...

Retail

Gucci Beauty opens first India boutique in New Delhi

Gucci Beauty has announced the grand opening of its inaugural boutique in India, strategically located within the bustling Select Citywalk Saket Mall in New Delhi, the nation's capital. The design of the new boutique has been meticulously crafted to offer a welcoming and luxurious atmosphere. The space is adorned with sophisticated elements,...

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Business

Coty considering two-part sale, according to industry sources

US-based group Coty Inc., listed in New York and Paris, may be approaching a decisive turning point. According to several industry sources cited by WWD, the cosmetics specialist is considering a partial sale of its businesses, potentially paving the way for a profound restructuring of the company. Two-stage sale According to information gathered...

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Is François-Henri Pinault stepping back from Kering?

Paris - 63-year-old François-Henri Pinault, chief executive officer of French luxury group Kering (Kering), is reportedly planning to separate the roles of chairman and chief executive officer. This information was published on Thursday by the business magazine Challenges. According to the magazine, which did not cite its sources, Pinault will...

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Fashion |Opinion

Creative direction reshuffle: Does the trust between CEO and creative director have an expiration date?

With Maria Grazia Chiuri's departure from Dior now official, new appointments are anticipated. It seems as though all that is missing is the station master's whistle and the call of “all aboard” to begin this latest journey towards a new creative direction in luxury fashion. We are witnessing a continuous reshuffling of creative directors; only...

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Gucci appoints new head of Europe

Italian fashion house Gucci has reportedly reshuffled some top positions, including a new head for the Europe, Middle East and Africa (EMEA) region. Maria Cristina Lomanto is taking on the role of president EMEA, according to trade magazine FashionNetwork. She will assume responsibility for the region on June 1. In addition, Marcello Costa has...

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Business

Kering: sales down 14 percent in first quarter, weighed down by Gucci

Paris - Luxury group Kering, still weighed down by its flagship brand Gucci, announced on Wednesday a 14 percent drop in sales to 3.88 billion euros in the first quarter of 2025 and is "redoubling its vigilance to overcome macro- economic turbulence". "As we anticipated, Kering faced a difficult start to the year," said its chief executive...