Francesca Bellettini to Lead Gucci, Kering Confirms In the ever-competitive world of luxury fashion, leadership changes can make all the difference. Kering, the French multinational luxury group, recently announced a significant shift in the executive team of one of its most iconic brands, Gucci. Francesca Bellettini, Kering’s co-deputy CEO for brand development, is poised to […]
At New York Fashion Week, Brands Focused on What Sells
At New York Fashion Week, Brands Focused on What Sells New York Fashion Week is not just a showcase of creativity and style; it’s also a battleground where brands fight for consumer attention and sales. In a time of uncertainty for the luxury industry, designers at the recent event have shifted their focus towards what […]
Kering Strikes Deal to Make Valentino Eyewear
Kering Strikes Deal to Make Valentino Eyewear The French luxury group, Kering, known for its portfolio of high-end fashion brands, has recently made headlines with its latest strategic move. Kering has signed a licensing deal with the iconic Italian fashion house Valentino to develop and produce a new line of Valentino eyewear. This collaboration marks […]
The Debrief | The Great Fashion Reset: Can Designer Debuts Revive Luxury?
The Great Fashion Reset: Can Designer Debuts Revive Luxury? In the realm of luxury fashion, where demand has been slowing and prices are soaring, major houses are turning to new creative minds to breathe fresh life into their brands. The runway debuts of designers at renowned fashion houses like Gucci, Chanel, and Dior are sparking […]
Gucci Owner’s Fortunes Rest on Heir Letting CEO Do His Job
Gucci Owner’s Fortunes Rest on Heir Letting CEO Do His Job The luxury fashion industry is no stranger to power struggles and corporate shake-ups. With the recent announcement of Francois-Henri Pinault, the owner of Gucci’s parent company Kering, preparing to pass the torch to his successor, all eyes are on whether the heir will allow […]
The Great Fashion Reset | When Will Luxury Bounce Back?
The Great Fashion Reset | When Will Luxury Bounce Back? The fashion industry has been facing unprecedented challenges in recent times, with the global pandemic sending shockwaves through the luxury market. As the world grapples with persistent economic pressures, key markets like China and the US have been significantly impacted, making it increasingly difficult for […]
Burberry to Rejoin UK Blue-Chip Benchmark After One-Year Absence
Burberry Rejoins UK Blue-Chip Benchmark After One-Year Absence Burberry, the renowned luxury fashion house, is set to make a significant comeback by rejoining the prestigious FTSE 100 Index later this month. After a one-year absence from the UK blue-chip benchmark, Burberry’s return signifies a remarkable achievement and underscores the brand’s enduring strength in the competitive […]
The Great Fashion Reset: Can Designer Revamps Save Fashion?
The Great Fashion Reset: Can Designer Revamps Save Fashion? 2020 was a year of unprecedented challenges for the fashion industry. The global pandemic forced brands to rethink their strategies, adapt to rapidly changing consumer behavior, and find new ways to stay relevant in an increasingly digital world. In the wake of these challenges, many luxury […]
Brunello Cucinelli Operating Profit Up 8.8% in First Half
Brunello Cucinelli Operating Profit Up 8.8% in First Half Italian luxury fashion house Brunello Cucinelli has shown impressive resilience in the face of an industry slowdown, with its operating profit climbing by 8.8% in the first half of the year. While many companies in the luxury sector have struggled amid challenging market conditions, Brunello Cucinelli […]
Beyond Rolex: Luxury Brands Play For Visibility on the Tennis Court
Beyond Rolex: Luxury Brands Play For Visibility on the Tennis Court Luxury watch brands have long understood the power of sports sponsorships in enhancing brand visibility and prestige. At the prestigious US Open, a playground for the world’s top tennis players, the competition isn’t just on the court but also among luxury brands vying for […]