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What to Watch: The Future of Gucci. After Alessandro Michele's sudden exit, more changes could be brewing at the Italian luxury company. By Luisa Zargani. Customizing Hospitality, Glocalization. President and CEO Marco Bizzarri has a new five-year plan for Gucci that focuses on innovation, risk-taking, diversity and circularity. Gucci, riding the success of the partnership between Bizzarri and creative director Alessandro Michele, is one of the fastest growth stories in recent luxury history.
While Gucci's sales are still falling, green shoots are starting to emerge as a new executive and creative team start to manage the brand for long-term growth.PARIS, Nov 25 (Reuters) - The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a favourite of Harry Styles and Lady Gaga, increases pressure on owner Kering. Gucci is, in a way, the Ever Given of the personal luxury goods trade. With more than 500 stores worldwide and an estimated market value in 2022 of .3 billion, it is that skyscraper-size. Kering's flagship Gucci brand suffered a 14% decline in reported revenues in third quarter. Gucci faces an uphill battle to restore the brand to its former glory.
This morning from the 26th Pambianco Fashion Summit in Milan, Gucci’s CEO Marco Bizzarri shared that the brand will go physical with a runway that hasn't happened in almost 2 years, in 3 months. The luxury rebound boom continues. Kering on Tuesday reported a double-digit increase in sales across brands, including Gucci, which stumbled in the previous quarter. Gucci sales were up 24.6 per cent for the first quarter of 2021 over the year prior. At Gucci’s current scale, the brand will need to walk the tightrope balancing fashion excitement and long-term desirability. For now, Gucci is sticking with the “timelessness” brief, leaning on its expanded studio team and new .
Gucci Spring 2025 Review: Casual Grandeur. Runway. Fashion Month. Gucci Wants Us to Seize the (Chic) Day. Sabato De Sarno presented a carpe diem-inspired collection that drew on “casual. What to Watch: The Future of Gucci. After Alessandro Michele's sudden exit, more changes could be brewing at the Italian luxury company. By Luisa Zargani. Customizing Hospitality, Glocalization. President and CEO Marco Bizzarri has a new five-year plan for Gucci that focuses on innovation, risk-taking, diversity and circularity. Gucci, riding the success of the partnership between Bizzarri and creative director Alessandro Michele, is one of the fastest growth stories in recent luxury history. While Gucci's sales are still falling, green shoots are starting to emerge as a new executive and creative team start to manage the brand for long-term growth.
PARIS, Nov 25 (Reuters) - The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a favourite of Harry Styles and Lady Gaga, increases pressure on owner Kering. Gucci is, in a way, the Ever Given of the personal luxury goods trade. With more than 500 stores worldwide and an estimated market value in 2022 of .3 billion, it is that skyscraper-size.
Kering's flagship Gucci brand suffered a 14% decline in reported revenues in third quarter. Gucci faces an uphill battle to restore the brand to its former glory. This morning from the 26th Pambianco Fashion Summit in Milan, Gucci’s CEO Marco Bizzarri shared that the brand will go physical with a runway that hasn't happened in almost 2 years, in 3 months. The luxury rebound boom continues. Kering on Tuesday reported a double-digit increase in sales across brands, including Gucci, which stumbled in the previous quarter. Gucci sales were up 24.6 per cent for the first quarter of 2021 over the year prior. At Gucci’s current scale, the brand will need to walk the tightrope balancing fashion excitement and long-term desirability. For now, Gucci is sticking with the “timelessness” brief, leaning on its expanded studio team and new merchandising director to steer the ship until a successor is announced. THE NEWS IN BRIEF.
Gucci Spring 2025 Review: Casual Grandeur. Runway. Fashion Month. Gucci Wants Us to Seize the (Chic) Day. Sabato De Sarno presented a carpe diem-inspired collection that drew on “casual. What to Watch: The Future of Gucci. After Alessandro Michele's sudden exit, more changes could be brewing at the Italian luxury company. By Luisa Zargani. Customizing Hospitality, Glocalization. President and CEO Marco Bizzarri has a new five-year plan for Gucci that focuses on innovation, risk-taking, diversity and circularity. Gucci, riding the success of the partnership between Bizzarri and creative director Alessandro Michele, is one of the fastest growth stories in recent luxury history.
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While Gucci's sales are still falling, green shoots are starting to emerge as a new executive and creative team start to manage the brand for long-term growth.
the future of Gucci
PARIS, Nov 25 (Reuters) - The abrupt departure from Gucci of Alessandro Michele, the flamboyant designer who was a favourite of Harry Styles and Lady Gaga, increases pressure on owner Kering.
Gucci is, in a way, the Ever Given of the personal luxury goods trade. With more than 500 stores worldwide and an estimated market value in 2022 of .3 billion, it is that skyscraper-size. Kering's flagship Gucci brand suffered a 14% decline in reported revenues in third quarter. Gucci faces an uphill battle to restore the brand to its former glory. This morning from the 26th Pambianco Fashion Summit in Milan, Gucci’s CEO Marco Bizzarri shared that the brand will go physical with a runway that hasn't happened in almost 2 years, in 3 months.
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The luxury rebound boom continues. Kering on Tuesday reported a double-digit increase in sales across brands, including Gucci, which stumbled in the previous quarter. Gucci sales were up 24.6 per cent for the first quarter of 2021 over the year prior. At Gucci’s current scale, the brand will need to walk the tightrope balancing fashion excitement and long-term desirability. For now, Gucci is sticking with the “timelessness” brief, leaning on its expanded studio team and new merchandising director to steer the ship until a successor is announced. THE NEWS IN BRIEF.
is Gucci still alive
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gucci are we going|future of Gucci 2022
