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Tariffs, war, and inequality have battered the luxury goods market—Gucci sales are down 24%
Retail
Tariffs, war, and inequality have battered the luxury goods market—Gucci sales are down 24%
By Colleen Barry and The Associated PressJune 19, 2025
The crisis at Gucci owner Kering keeps deepening—and things could get worse by the end of 2025
Retail
The crisis at Gucci owner Kering keeps deepening—and things could get worse by the end of 2025
By AFPApril 24, 2025
Demna Gvasalia
Success
Kering’s shares tumble 10% as investors agonize over Gucci’s new artistic director. But the ‘iconoclast’ might be what the brand needs
By Prarthana PrakashMarch 14, 2025
Milan Fashion Week dazzles with Gucci opening, but luxury sector struggles with slowdown
Retail
Milan Fashion Week dazzles with Gucci opening, but luxury sector struggles with slowdown
By AFPFebruary 25, 2025
Francois-Henri Pinault poses with his wife Salma Hayek
Retail
Kering CEO not too concerned about the impact of tariffs as the Gucci owner says moving production to the U.S. ‘makes no sense’
By Prarthana PrakashFebruary 11, 2025
sabato de sarno walking
Success
Kering hoped a big turnaround would save its flagship brands. With Gucci’s creative director gone, is the revival already unraveling?
By Prarthana PrakashFebruary 10, 2025
Gucci parts ways with creative director Sabato De Sarno after sales slide
Lifestyle
Gucci parts ways with creative director Sabato De Sarno after sales slide
By AFPFebruary 6, 2025
Stefano Cantino
Retail
Gucci will need to make a comeback under its new CEO—and it won’t be the first time for the languishing Italian luxury brand
By Prarthana PrakashJanuary 6, 2025
Kering reshuffles ranks with new Yves Saint Laurent and Balenciaga CEO
Retail
Kering reshuffles ranks with new Yves Saint Laurent and Balenciaga CEO
By Angelina Rascouet, Jennifer Creery and BloombergNovember 19, 2024
Two fashion-conscious young women chat on a London street.
Success
50 million people have stopped buying luxury brands like Dior and Burberry after ‘broken promises’ to customers
By Jane ThierNovember 17, 2024
A shopper carrying a Gucci shopping bag in London, UK, on Friday, June 21, 2024. UK retail sales last month jumped at the strongest pace since January as consumers returned to shops to buy everything from clothes to furniture after a rainy April. Photographer: Hollie Adams/Bloomberg via Getty Images
Finance
Gucci owner Kering rocked by luxury industry slowdown as shares crash a further 10% in Paris
By Angelina Rascouet and BloombergJuly 25, 2024
Golden Goose CEO Silvio Campara is wearing a black shirt and gesturing with both hands as he speaks.
Finance
Gen Z sneaker brand with $740 ‘dirty’ shoes counts Taylor Swift as a fan—and is eyeing a $3.3 billion valuation
By Sasha RogelbergMay 28, 2024
Models walk the runway at the Burberry show during London Fashion Week February 2024
Retail
Burberry follows Gucci-owner Kering on downward sales trend as consumers snub mid-priced luxury fashion
By Angelina Rascouet and BloombergMay 15, 2024
The Gucci luxury clothing boutique, operated by Kering SA, on Avenue Montaigne in central Paris, France
Retail
Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its second profit warning for 2024—and this time, it’s pretty bad
By Angelina Rascouet and BloombergApril 24, 2024
Blake Lee (L), Dakota Johnson, Marco Bizzarri, IU and Alia Bhatt attend the Gucci Seoul Cruise 2024 fashion show.
Finance
Golden Goose, beloved by Taylor Swift and Selena Gomez, appoints former Gucci CEO Marco Bizzarri to board
By Flavia Rotondi and BloombergApril 23, 2024
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