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Gucci continues Chime for Change initiatives to support gender equality

Adding to Gucci’s Chime For Change global campaign for gender equality, the brand has released its third edition of Chime Zine featuring work from artists, writers, and activists worldwide. The vibrant and colorful digital issue, edited by author Adam Eli and art directed by visual artist MP5, includes interviews, artwork, photographs, and...

29 Mar 2021

Fashion

Gucci to debut new collection on April 15

Gucci’s next collection will be presented on April 15 via a short film on several digital platforms worldwide. This collection will also mark the 100 year anniversary of the brand. While details are being kept under wraps, Gucci creative director Alessandro Michele has named the collection Aria. Debuting the collection on April 15 is in line...

11 Mar 2021

Business

Resale platform Vestiaire Collective secures Kering investment

Pre-owned clothing platform Vestiaire Collective has announced the completion of a new 178 million euro (216 million dollar) financing round backed by Gucci-owner Kering and US-based hedge fund Tiger Global Management. Kering chairman François-Henri Pinault described the fast-growing resale market as a “real and deeply rooted trend” as his...

2 Mar 2021

Culture

Gucci announces more recipients for its changemakers grant

Gucci Changemakers North America has announced the second round of recipients for its five-year Impact Fund. The Changemakers Council selected 15 non-profit recipients who will receive grants up to 50,000 dollars to help create new or existing initiatives that support social, cultural, and economic issues throughout North America. Gucci stated...

1 Mar 2021

Business

Gucci's sales have lost momentum, affecting Kering's recovery

2020 was not a year investors expected stellar growth from most luxury brands. In the epic times of a global pandemic, most hoped to see a rebound toward the fourth quarter, with 2021 the year of returning to pre-Covid sales levels and acceleration. At Gucci, sales were down 22 percent year on year, a loss far higher than most of its peers in...

18 Feb 2021

Business

Kering FY2020 revenues drop by 17.6 percent

Total revenue generated by Kering’s Houses in 2020 amounted to 12,676.6 million euros, down 17.6 percent reported and 16.5 percent on a comparable basis. The company said in a statement that while the health crisis and lockdown measures took a heavy toll on the Houses’ first-half sales (down 30.2 percent), the situation improved significantly in...

18 Feb 2021

Business

Kering looks to rebound after 2020 coronacrisis

French luxury goods group Kering, home to brands such as Gucci and Yves Saint Laurent, said Wednesday a positive performance in North America and Asia helped it weather the coronavirus crisis last year. Sales fell 17.5 percent to 13.1 billion euros (15.8 billion dollars) last year but the group still posted a net profit of 2.15 billion euros,...

17 Feb 2021

Fashion

Gucci partners with Zepeto to personalise avatars and virtual world

As the worlds of fashion and gaming inch ever closer together, Gucci has announced a partnership with Zepeto, the app and social media platform to personalize avatars and create virtual worlds. Zepeto allows users to turn selfies into 3-D animated avatars, which can then ‘meet’ other user’s characters on the ‘Zepeto Street’— virtual world for...

8 Feb 2021

Retail

Gucci launches flagship beauty store on Tmall Luxury Pavilion

Gucci Beauty has launched its digital flagship store on Tmall Luxury Pavilion, Alibaba’s dedicated platform for luxury goods. The new store connects the Italian fashion house’s products with more than 770 million Chinese consumers on Tmall, Gucci’s license partner Coty announced on Friday. It comes as Gucci, like many of its competitors, has...

5 Feb 2021

Fashion

Bottega Veneta launches SS21 campaign the old-fashioned way

Bottega Veneta this week unveiled its Spring Summer 2021 advertising campaign, although not via its recently muted social media channels or even its own website. Shot in Milan and photographed by British photographer Tyrone Lebon, the images were first reported by WWD and quickly proliferated online. The photos show richness in texture, fabrics...

3 Feb 2021

Business

Gucci presents expanded, nature-positive climate strategy

Italian luxury fashion brand Gucci has expanded its climate strategy, which now goes beyond carbon neutrality and takes a “nature-positive approach”. Gucci’s new Natural Climate Solutions Portfolio is committed to protecting and restoring endangered forest and mangrove areas and investing in regenerative agriculture within its supply chain....

29 Jan 2021

Video

Video: The North Face x Gucci collaboration documentary

In this video, The North Face and Gucci collaboration documentary features interviews from Alessandro Michele, Gucci’s creative director, David Whetstone, The North Face’s global collaborations design manager, Nina Williams and professional rock climber and artist Post AOW. Watch the video below. Video: Gucci via YouTube Photo credit: Gucci,...

7 Jan 2021