Gucci plans to name a new creative director as early as this week, with accessories designer Alessandro Michele leading a list of candidates for the job.
Of all the fall-winter fashion collections on show in Milan over the next four days, the label that will attract the most attention will probably be Gucci, and not because of the clothes.
Italian fashion house Gucci said on Monday it would strengthen controls on its suppliers after a television program showed Chinese employees working more than three times their official hours to assemble its handbags.
E-commerce enables local fashion boutiques to tap global markets. Or so the theory goes. What does it take to put it into practice?
Gucci’s longtime creative director Frida Giannini is leaving, a victim of her own success after her designs became too popular to retain the exclusive cachet their price tags demand.
Prada SpA reported a 44 percent drop in third-quarter profit as weaker spending by wealthy Chinese consumers weighed on the luxury-goods maker’s revenue growth.
Gucci holds the luxury spending downturn mainly responsible for its poor performance but the Italian fashion brand may also have itself to blame, suggesting it could be time to change strategy and hire fresh talent.
Italy’s top court has cleared fashion designers Domenico Dolce and Stefano Gabbana over charges of hiding hundreds of millions of euros from Italian tax authorities.