On April 23, Kering, one of France’s giant luxury conglomerates, announced that it expects a 40%-45% decline in operating income for the first half of the year, following a drop in first-quarter sales for its flagship Gucci brand.
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On April 23, it was announced that former Gucci CEO Marco Bizzarri has joined the board of directors of sneaker brand Golden Goose.
On April 18, Beautycounter, a well-known clean beauty brand, was bought back by founder and CEO Gregg Renfrew.
Swarovski Opens First Italian Flagship Store in Milan
On April 18, Louis Vuitton presented the Pre-Fall 2024 Women’s Collection by Nicolas Ghesquière at the Voyager Show held at the Long Museum in Shanghai.
Gucci, led by Creative Director Sabato De Sarno, will hold its 2025 Cruise Show at the Tate Modern in London on May 13, 2024.
On December 12, Prada Group announced its participation in the United Nations Global Compact Initiative.
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