On September 22, Gucci unveiled its first collection under newly appointed artistic director Demna in a surprise release, just ahead of his scheduled debut at Milan Fashion Week.
Tag: GUCCI
On September 17, French luxury conglomerate Kering announced the appointment of Francesca Bellettini as President and Chief Executive Officer of Gucci.
On August 5, approximately 1,000 employees of Gucci, the luxury brand under French conglomerate Kering, declared a state of unrest in Italy, signaling the potential for a strike.
On July 29, French luxury group Kering announced that its net profit for the first half of 2025 fell by 46% year-over-year to €474 million.
On June 30, luxury fashion house Gucci announced that Lee Know of the globally acclaimed K-pop group Stray Kids has been appointed as its new global brand ambassador.
According to the group’s Q1 2025 financial results announced on April 23, revenue for the January–March period totaled €3.88 billion, down 14% year-on-year — a stark indication of slowed momentum across the group’s portfolio.
On February 11, French luxury conglomerate Kering released its Q4 2024 financial results, reporting revenue of $4.5 billion (€4.39 billion), a 12% decline year-over-year.
On February 6, luxury fashion house Gucci announced the end of its collaboration with Creative Director Sabato De Sarno.
Kering, a leading conglomerate in the luxury industry, is moving forward with plans to bring in external investors for a new entity that will manage approximately €4 billion ($4.2 billion) worth of real estate assets spread across Milan, New York, and Paris.
On October 23, French luxury conglomerate Kering announced that its third-quarter revenue amounted to €3.78 billion (approximately $4.08 billion), a 16% decline compared to the same period last year.