Profit warnings not withstanding, Gucci is in retail growth mode in Southern California with a mammoth expanded two-story store now open at South Coast Plaza and a new boutique set for late June at The Grove shopping center in Los Angeles. After nine months of construction at South Coast Plaza in Costa Mesa, Calif., the … Read more
PARIS — Kering chairman and chief executive officer François-Henri Pinault hopes the French luxury group’s turnaround efforts will start bearing fruit by the end of this year. “We are determined to deliver improvements at the end of this year already and in 2025,” he said at the company’s annual general meeting Thursday in Paris. Kering … Read more
MILAN – As it prepares for a new phase in its history, Valentino reported a slowdown in its performance last year. Citing a “challenging global context for the luxury industry,” the Rome-based couture house on Tuesday morning reported a 5 percent decrease in 2023 revenues to 1.35 billion euros, including impacts from changes in exchange … Read more
Luxury handbag designer Nancy Gonzalez was sentenced to 18 months in prison Monday for illegally importing merchandise from Colombia to the U.S. that was made with skins from protected wildlife. Gonzalez had pled guilty in November, as had her company, Gzuniga Ltd., and an associate Mauricio Giraldo. Gonzalez was sentenced to 18 months in prison … Read more
Jack Carlson has come a long way since creating the cult menswear brand Rowing Blazers in 2017. In the past seven years he has partnered with everyone from Target to Gucci on buzzworthy collaborations, built a following among updated preppy fans, and even attracted the attention of Burch Creative Capital, which purchased a majority stake … Read more
Alia Bhatt has been making the headlines for all the right reasons of late. The actress was the only Indian star to make it on the list of TIME Magazine’s Top 100 Most Influential of 2024. She has made her global debut with the Tom Harper film Heart Of Stone. It also starred Gal Gadot … Read more
MORE DETAILS: Gucci will on Thursday reveal that the brand’s cruise 2025 show will be presented at the Tate Modern in London on May 13. In February, Gucci revealed that London was the selected city for the show, without providing details about the location. This will be creative director Sabato De Sarno’s first cruise collection, … Read more
Men arrive hauling overstuffed blue plastic bags, from which emerge Gucci baseball hats, Fendi wallets, Hermès belts and bright orange Louis Vuitton shoeboxes, sold from rickety tables at a fraction of the price of their originals. An officer of the Guardia di Finanza, the Italian police in charge of financial crime and smuggling, checks trucks … Read more
MILAN – In a multi-tasking move, Marco Bizzarri is taking on another additional role in the investment sphere. After setting up his Nessifashion holding, which is buying a stake in fashion brand Elisabetta Franchi, on Monday the former Gucci president and chief executive officer revealed he would lead an advisory company called FOREL. This will … Read more
Benjamin Cercio, Gucci‘s senior vice president of global communications, is leaving the company, WWD has learned. An internal announcement seen by WWD said the executive has decided to leave “to pursue other career opportunities.” His next move could not immediately be learned. Cercio joined Gucci in November 2022 as global communications director after a long … Read more
