The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
French luxury group Kering’s top brand Gucci expects 2021 revenues to be in line or “a little higher” than their 2019, pre-pandemic level, the label’s chief executive Marco Bizzarri said on Tuesday.
Gucci’s sales totalled €9.63 billion ($10.9 billion) at the end of 2019.
Speaking at the Pambianco fashion conference in Milan, Bizzarri also said Gucci, which last year cut the number of its fashion shows, would resume presenting its collections at the Milan fashion week in February and September 2022, with an additional show to be held in late spring.
By Silvia Aloisi; Editors: Benoit Van Overstraeten and Kirsten Donovan
ADVERTISEMENT
Learn more:
Gucci Returns to Milan Fashion Week Calendar
Italy’s biggest luxury brand will show a mixed-gender collection in Milan in February, returning to an industry-organised fashion week for the first time in two years.
A runway show at corporate headquarters underscored how the brand’s nearly decade-long quest to elevate its image — and prices — is finally paying off.
Mining company Anglo American is considering offloading its storied diamond unit. It won’t be an easy sell.
The deal is expected to help tip the company into profit for the first time and has got some speculating whether Beckham may one day eclipse her husband in money-making potential.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.