All Gucci articles
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Gucci names a deputy CEO
Gucci has nominated Stefano Cantino as Deputy Chief Executive Officer, effective May 2. Cantino comes to Gucci from Louis Vuitton, where he was responsible for communications and brand image. Prior to working at Louis Vuitton, Cantino spent over 20 years of his career at Prada. The post of Deputy Chief ...
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Massimo Vian joins Gucci as chief industrial and supply chain officer
Massimo Vian is joining Gucci in the newly created role of chief industrial and supply chain officer, effective Jan. 15. A seasoned manager, Vian was previously the chief operating officer of Prada Group, that he joined in May 2020. Vian was also the CEO of the cashmere brand Falconieri for ...
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Prada COO reportedly leaves for Gucci
Massimo Vian, the chief operating officer of Prada Group, will quit on Nov. 30 to join Gucci, according to various media reports. Vian started with the Italian fashion group in May 2020. His position will be held on an interim basis by Prada Group’s CEO, Andrea Guerra. Separately, fashionmagazine.it reported ...
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Marco Bizzarri quits Gucci
Marco Bizzarri, the president and CEO of Gucci since 2015, will leave the company effective Sept. 23. Bizzarri ”has masterminded the execution of Gucci’s outstanding growth strategy since 2015,” said the French luxury goods company Kering, the owner of Gucci. The manager has been a member of Kering’s executive committee ...
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Loewe was the hottest brand in Q2
Loewe was the hottest brand in the world in the second quarter of 2023, according to the The Lyst Index. “One of the oldest luxury houses, under creative director Jonathan Anderson the Spanish brand has undergone a renaissance, climbing 13 places over the last 12 months to take the number ...
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Kering’s Q1 sales rise slightly
In the first quarter of 2023, Kering’s revenues totalled €5,077 million, up by 2 percent as reported and by 1 percent on a comparable basis. Revenues in the directly operated store network, including e-commerce, rose by 4 percent on a comparable basis. The increase was driven by good momentum in ...
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Adidas x Gucci returns with new sneakers for spring/summer
The Adidas x Gucci collection, which first launched in 2022, is back in spring/summer 2023 with a series of new sneakers that celebrate the legacies of both labels. Alongside the return of the Adidas x Gucci Gazelle, this season marks the arrival of a new take on the ZX8000, one ...
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Prada was the hottest brand in Q4
For the first time, Prada was the hottest brand in the world the fourth quarter of 2022, overtaking Gucci that slipped into second position, according to The Lyst Index. Moncler surged to third position from 17th in the fourth quarter and Miu Miu, which is part of the Prada Group, ...
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Sabato De Sarno becomes Gucci’s creative director
Sabato De Sarno has been appointed Gucci’s creative director. He will present his debut runway collection at Milan Women’s Fashion Week in September 2023, announced Kering, the parent company of the Italian fashion house. In his new role, De Sarno will lead the house’s design studio reporting to Marco Bizzarri, ...
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Gucci’s creative director leaves
Gucci’s creative director, Alessandro Michele, has stepped down after holding the job since 2015. During his tenure, Michele revived the Italian brand owned by the French luxury goods company Kering. In a statement, Kering said that Michele had “played a fundamental part in making the brand what it is today.” ...
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Kering’s Q3 sales up 23%
In the third quarter of 2022, Kering’s revenues rose by 23 percent to €5,137 million. On a comparable basis, the top line was up by 14 percent. Sales at the group’s key Gucci brand totaled €2,581 million, up by 18 percent as reported and by 9 percent on a comparable ...
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Gucci’s Pigini unit to build a new upper plant in Italy
Pigini, a footwear subsidiary of the fashion house Gucci, will buid a new production site in Recanati, in the Italian region of the Marche, home to a large footwear cluster. The more than 10,000 square meter facility is expected to employ about 400 people in three years’ time and will ...
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Gucci to accept cryptocurrency payments
Gucci will begin to accept payments in cryptocurrencies in a selection of its U.S. stores at the end of May. The Italian fashion house owned by the French luxury goods conglomerate Kering will initially allow payments for purchases in cryptocurrencies in the following stores: Gucci Wooster in New York, Rodeo ...
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Gucci’s Q1 sales disappoint
Kering reported revenues of €4.956 billion in the first quarter of 2022, up by a reported 27 percent and by 21 percent on a comparable basis. Sales of the key Gucci brand amounted to €2.591 billion in the quarter, an increase of 20 percent on a reported basis and 13 ...
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News briefsGucci launches eco material Demetra
Italian fashion house Gucci , part of the French luxury goods group Kering , announced the launch of a new sustainable animal-free, plant-based material known as Demetra , which it plans to make open to competitors next year. Demetra, named for the Greek goddess of harvest and agriculture, is ...
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ArticleDigitalization fast-tracks transformation of B2C relationships
The Covid-19 pandemic and the resulting lockdowns have led fashion companies to accelerate on digitalization, leading to profound long-term changes both in digital and in brick-and-mortar retail in a rapidly changing environment. Such acceleration in the digital shift deeply impacted not only B2B relations, but also the B2C world, fast-tracking ...
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News briefsKering dragged down by Gucci
Revenues of the French luxury goods group Kering amounted to €13,100 million in 2020, down by 17.5 percent year-on-year on a reported basis and by 16.4 percent on comparable structure and exchange rates due to the impact of the Covid-19 pandemic. The decline was driven by the group’s ...
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ArticleGucci goes beyond carbon neutrality
Italian fashion house Gucci , part of French luxury goods group Kering , announced the extension of its climate strategy, moving beyond carbon neutrality to also focus on measures to protect and restore ecosystems that mitigate climate change. Gucci’s new Natural Climate Solutions Portfolio will encompass initiatives to ...
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Gucci, Burberry, Prada, Dior, Moncler win Altagamma Digital Awards
Gucci, Burberry, Prada, Dior and Moncler are all winners of the Altagamma Digital Awards 2020, announced Dec. 4. The honors, organized by the Italian luxury goods association in collaboration with Internet marketing specialists ContactLab, recognize luxury brands that have distinguished themselves with their digital prowess. The awards, in their fourth ...
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Gucci sets its own show schedule
Gucci creative director Alessandro Michele said the fashion house, owned by the Kering group, would leave the traditional fashion calendar as it plans to show twice a year only. “I will abandon the worn-out ritual of seasonalities and shows to regain a new cadence, closer to ...
