Gucci’s new designer offered up a more relatable menswear vision than his predecessor, updating classic wardrobe pieces with discreet contemporary twists. But will covetable coats and shoes be enough to revive excitement in the Italian megabrand?
Gucci
Gucci is an ltalian luxury fashion brand owned by Kering and founded by Guccio Gucci in Florence, Italy in 1921.
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The designer’s first outing this Friday will be a major test for the Italian megabrand and owner Kering.
A new generation of more diverse, social media-savvy champions has entered the sport as brands like Louis Vuitton and Gucci increase their investments in ‘cultural’ marketing strategies that tap into consumer interests beyond red carpets.
Kering Profits to Plummet 40-45% in First Half
The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.
Can Kering Turn Things Around?
As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.
Kering, Prada and Hermès Fill in the Blanks on Luxury’s Slowdown
This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.
Gucci Hires Deputy CEO to Bolster Turnaround Efforts
Louis Vuitton marketing chief Stefano Cantino is joining the Kering flagship as it attempts to reignite growth under CEO Jean-François Palus and creative director Sabato de Sarno.
Announcing Gucci and McQueens Flowers
Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.