Gucci news and archive

Gucci design studio strikes move to Milan

Some 40 artisans from Gucci's design studio downed tools Monday in the creatives' first ever strike, held over plans to move much of the team from Rome to Milan. The Italian luxury brand, owned by French group Kering, said in October it was transferring 153 of its 219 design employees from the capital to Milan, a move the strikers claim is "a...

Fashion

Gucci amplifies battle against US counterfeiters

Gucci is escalating its efforts to combat counterfeiting, initiating legal action against three U.S. retailers: Sam's Club, Century 21, and Lord & Taylor. The lawsuits, filed by Gucci's American division in federal court in Manhattan, allege these retailers' involvement in the illicit sale of counterfeit Gucci products. The luxury brand...

People

"I was a commercial fashion designer," Tom Ford says in GQ exit interview

One year ago, in November 2022, the fashion industry witnessed the acquisition of Tom Ford International by beauty behemoth Estée Lauder for a cool 2.8 billion dollars. In an exclusive interview with GQ’s Editorial Director Will Welch, Tom Ford, the eponymous designer, offers unfiltered insights into this unprecedented business move and why he...

Fashion

Red carpet ready with Gucci: Sabato De Sarno unveils evening wear for the first time

Barely a month after his Gucci debut, creative director Sabato de Sarno revealed further insight into his vision for the Florentine fashion house. His first evening wear collection was presented at the weekend. The 12-piece line is called 'Ancora Notte' and is "an ode to life after dark," Gucci said on Saturday. The designs of the evening...

Business

Third quarter revenue postings have shown a shift in luxury dynamics

It has been an interesting third quarter in the realm of luxury fashion. Power dynamics are shifting as global demand for luxury goods is both waning and changing. The luxury industry is shifting its focus to the ultra-wealthy as the middle class cuts back on spending, said the Washington Post in a comment piece this week. Gucci-owner Kering...

BusinessFeatured

Kering's lagging sales may be indicative of a global slowdown

Kering, the Paris-based luxury conglomerate, witnessed a significant downturn in sales during the third quarter, with group revenue plummeting by 13 percent to 4.5 billion euros. This sales slump extended across most of Kering's houses, including prominent brands like Bottega Veneta, Balenciaga, Gucci, and Saint Laurent. Notably, Gucci, once...

BusinessFeatured

Kering's Q3 revenues decline across brands

Kering Group revenue of 4.5 billion euros in the third quarter of 2023, was down 13 percent as reported and down 9 percent on a comparable basis, with revenues declining across its brand portfolio. In the first nine months of the year, the Group generated revenue of 14.6 billion euros, down 3 percent reported and 2 percent on a comparable basis....

Video

Video: Gucci SS24

In this video you can see Gucci’s SS24 collection presented at Milan Fashion Week. FF Channel via Youtube Promotion Read more about Gucci on their brandpage

Fashion |Opinion Featured

Gucci's whimsy-to-chic shift leaves some wanting more

Gucci’s highly anticipated showcase at Milan Fashion Week has garnered mixed reviews from industry insiders, with some feeling that Gucci Ancora's debut collection under the new creative direction of Sabato De Sarno lacked the anticipated fervor. The collection, named "Ancora" meaning "anchor" in Italian, marked a tabula rasa moment, erasing any...

Business

Gucci, Valentino and Chloé among recipients at CNMI’s Sustainable Fashion Awards 2023

On the final weekend of Milan Fashion Week (MFW), the Camera Nazionale della Moda Italiana (CNMI) hosted its 2023 Sustainable Fashion Awards in the city’s Teatro alla Scala, where a slew of luxury fashion houses and notable industry figures were honoured in eco-conscious award categories. Those awarded were selected by a jury of experts,...

Fashion |In Pictures Featured

Milan Fashion Week: Gucci unveils the first collection designed by Sabato De Sarno

On Friday, the luxury house of Gucci unveiled one of the most eagerly awaited collections of this fashion month: the first opus imagined by Sabato De Sarno, successor to Alessandro Michele. The result: a sensual SS24 collection, reminiscent of the Tom Ford era, ex-artistic director of the Italian label. In a red-darkened half-light, the Kering...

BusinessFeatured

Gucci in transition: The debut of Sabato De Sarno and the birth of a new luxury icon

The debut of Gucci's new creative director Sabato De Sarno is considered one of the most eagerly awaited events of Milan Fashion Week. Not least because the fashion industry has had to wait almost eight months to finally catch a glimpse of the vision of the man who succeeds Alessandro Michele. De Sarno's first offering for the Italian luxury...