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The end of luxury? Gucci slowdown sends alarms

While some luxury companies are managing the fallout better than others, the rest could be forced to rethink how they do business in China starting with Kering.

People walk past the Gucci store on Fifth Avenue in New York City. French luxury group Kering, owner of Gucci, had its shares drop 14% after the announced that Gucci sales are set to fall 20% year-on-year in Q1, amid declining Asia transactions.(AFP)
Published on Mar 25, 2024 10:47 AM IST
Bloomberg |

Milan Fashion Week: Gucci sparkles; Versace delivers punk energy

During Milan Fashion Week, Gucci's Sabato De Sarno added sparkle to his second womenswear collection as he continued to build fashion house’s new codes.

Models showcase the Fall-Winter 2024-25 collections of Gucci, Versace and Sunnei at Milan Fashion Week. (AP, Reuters)
Published on Feb 27, 2024 10:43 AM IST
AP | | Posted by Krishna Priya Pallavi, Milan

Gucci owner pays 8,000 crore to buy building near Trump Tower in New York

Kering SA, owner Gucci and Balenciaga, buys $963m building on Manhattan's Fifth Avenue

Pedestrians walk past a Gucci store in Sydney, Australia.(Bloomberg)
Published on Jan 23, 2024 11:34 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

Gucci kicks off Milan Fashion Week with refined tailoring and sparkly touches

Gucci's Sabato De Sarno kicked off Milan Fashion Week with a refined men's collection, blending sophistication with a touch of sparkle.

A model walks the runway at the Gucci collection show during the Milan Fashion Week Menswear Autumn/Winter 2024/2025 on January 12, 2024 in Milan.(Photo by GABRIEL BOUYS / AFP)
Published on Jan 13, 2024 03:04 PM IST
Reuters | | Posted by Akanksha Agnihotri, Milan

Golden Globe Awards: Taylor Swift makes the red carpet shimmer in a Gucci gown

Taylor Swift attended the Golden Globe Awards 2024 red carpet in a Gucci green sequin gown. The Reputation singer made the whole place shimmer with her look.

Taylor Swift poses on the 81st Golden Globe Awards red carpet in a Gucci gown. (Jordan Strauss/Invision/AP)
Updated on Jan 08, 2024 10:49 AM IST
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