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 […]
This Week: The Super Bowl; Gucci at a Crossroads
This Week: The Super Bowl; Gucci at a Crossroads The anticipation is high as we approach one of the most significant events in American sports – the Super Bowl. Millions of viewers will tune in to watch the showdown between the top NFL teams, eager to see who will emerge victorious in this ultimate display […]
Who Will Lead the House of Gucci?
Who Will Lead the House of Gucci? The fashion world was recently shaken by the unexpected departure of creative director Sabato De Sarno from the prestigious House of Gucci. This sudden exit has left many wondering about the future of one of Kering’s anchor brands and who will step up to fill the creative void […]
Sabato de Sarno Exits Gucci
Sabato de Sarno Exits Gucci: A Shift in Creative Direction The fashion world was taken by surprise as news broke of Sabato de Sarno’s departure from Gucci, leaving behind a legacy that reshaped the iconic brand. Hailing from Valentino in 2023, de Sarno brought with him a fresh perspective and a mandate to emphasize Gucci’s […]
François Pinault Out of the Global 100 Richest
Francois Pinault, the esteemed founder of Kering SA, has experienced a dramatic decline in his wealth, which has dropped by two-thirds from its peak in August 2021. As of November 2024, he is ranked No. 105 on the Bloomberg Billionaires Index, marking a significant departure from his previous position among the top hundred wealthiest individuals […]
BoF Live | Increasing Brand Presence and Impact on TikTok
As social media platforms continue to evolve, businesses, especially in the fashion and beauty sectors, face the challenge of adapting their strategies to stay relevant. One platform that has emerged as a powerhouse for brand engagement is TikTok. Its unique blend of entertainment and community offers brands an unprecedented opportunity to connect with consumers, particularly […]
Brandon Tan to Join Cosmopolitan and Seventeen as Fashion Director
In a significant move for fashion media, Brandon Tan has been appointed as the fashion director for two of the most recognized youth-oriented brands, Cosmopolitan and Seventeen. This transition marks the first key hire by Willa Bennett, the recently appointed joint editor-in-chief of the publications. Tan’s tenure will officially commence on November 11, 2024. Tan […]
Leveraging ‘Deal Days’ for Long-Term Marketplace Success
In today’s competitive retail landscape, understanding and capitalizing on shopping events known as “Deal Days” can be a game changer for brands aiming to thrive in e-commerce. In 2024, during Amazon’s 48-hour Prime Day sale, US shoppers spent over $14 billion online—a staggering increase of 11 percent from the previous year. This trend highlights the […]
Gucci Picks Florence for Next Cruise Show
Gucci has made a significant announcement, declaring that its upcoming Cruise 2026 collection will debut in Florence, Italy, on May 15, 2025. This choice of location is particularly meaningful, as it is the city where the iconic fashion house was established by Guccio Gucci in 1921. For a brand like Gucci, rich in history and […]