Gucci Sales Slump as Kering Seeks New Designer Gucci, the epitome of luxury and style, has hit a bump in the road as its fourth-quarter sales took a significant dip of 24 percent. This unexpected decline has set off alarm bells not only within the iconic Italian brand but also for its parent company, Kering. […]
The Problems with Gucci and Dior
The Challenges Ahead for Gucci and Dior After experiencing a remarkable surge in sales over the past five years, luxury powerhouses LVMH’s Dior and Kering’s Gucci are now encountering significant challenges. Despite their contrasting situations, both brands are navigating through turbulent waters in the ever-competitive fashion industry. Gucci, under the umbrella of Kering, has been […]
The Verdict on Alessandro Michele’s Valentino Couture Debut
The Verdict on Alessandro Michele’s Valentino Couture Debut Alessandro Michele, the renowned star designer, made waves in the fashion industry with his recent Valentino Couture debut. Opting for a bold departure from the conventional couture defilé, Michele presented a multimedia performance that left spectators in awe. The collection featured dresses that transcended the boundaries of […]
The BoF Podcast | Alessandro Michele and Jacopo Venturini on the New Valentino
Alessandro Michele and Jacopo Venturini Charting the New Course for Valentino At VOICES 2024, the premier fashion event hosted by The Business of Fashion (BoF), esteemed BoF editor-at-large Tim Blanks had the privilege of engaging in a candid conversation with Alessandro Michele and Jacopo Venturini. The duo, renowned for their innovative approach and keen eye […]
Alessandro Michele’s Valentino Vision
In an era where fashion is both a form of artistic expression and a business, Alessandro Michele’s recent appointment as creative director of Valentino marks a significant turning point for the storied Italian fashion house. After his groundbreaking tenure at Gucci, where he transformed the brand’s aesthetic and profitability, Michele’s vision for Valentino promises to […]
Valentino To Scale Back Runway Calendar
In a strategic shift that has implications for the luxury fashion landscape, Valentino has announced a significant alteration in its runway schedule under the creative direction of Alessandro Michele. The Italian fashion house will discontinue its bi-annual menswear shows, along with its spring-summer haute couture presentation. Instead, Valentino will now focus on co-ed ready-to-wear shows […]