The changes continue at Gucci. The Italian luxury brand has announced the return of Alessio Vannetti as Executive Vice President and Chief Brand Officer as of today
The owner of Gucci will take a 30% stake in Valentino for 1.7 billion euros, with an option to buy 100% of the Italian brand's capital until 2028. Meanwhile, Kering's first half results disappoint
Kering has announced the impending departure of Gucci's CEO as part of a wider executive shakeup that includes the naming of Saint Laurent CEO Francesca Bellettini to lead the group's portfolio of brands
The Italian label, owned by the luxury group Kering, has opened a new footwear atelier in Vigonza, in the footwear district of Riviera del Brenta, located in the Veneto region
The luxury group will be the sole occupant of the six-floor Palazzo Pertusati, located in the central Via Senato, with views towards the quadrilatero della moda on one side, and the Giardini di Porta Venezia on the other
The French-based luxury group posted a 1% year-over-year marginal revenue growth in the first quarter of 2023, with Gucci slightly recovering from a 14% revenue decline in the fourth quarter of 2022
The luxury House has launched the initiatives Gucci Preloved with Vestiaire Collective and Gucci Continuum, featuring redesigned deadstock materials, as part of its ongoing circularity efforts
The French-based luxury group has announced a commitment to reduce its absolute greenhouse gas emissions (GHG) by 40% by 2035, covering scopes 1, 2 and 3 of the GHG protocol
The weak performance of Gucci in the last quarter of 2022 (sales down by 15% year-over-year) due to the situation in China impacted Kering’s performance in the quarter. But the group’s full year revenue still grew by 9%
The French-based Kering has announced that Sabato De Sarno, currently the fashion director of men's and women's ready-to-wear at Valentino, will assume the role of Creative Director of Gucci
The Italian-based luxury House has announced that the Rome-born designer is stepping down as Creative Director, effective immediately, after almost eight years in the job
The French-based luxury group continued to grow in the third quarter of the year, led by the "stellar" performance of Yves Saint Laurent. Gucci still hit by COVID-19-related restrictions in China
The Italian-based fashion House announced that it became a strategic partner of the Ellen MacArthur Foundation to accelerate its commitments towards a more circular economy
The luxury house is expanding its presence on the virtual gaming platform through the immersive experience Gucci Town that contains digitized elements of the brand’s real-world offerings
The Italian luxury label, owned by Kering, hired the Turkish designer and artist Safa Sahin as a consultant footwear designer. The designer himself announced the news on social media