Gucci news and archive

Video: Bloomberg Originals analyzes Gucci’s shift from luxury peak to retail markdown

In an investigative report from Bloomberg Originals, market analysts evaluate the strategic missteps that led Italian fashion house Gucci from peak industry performance into retail markdown territory. Once the primary growth engine for parent conglomerate Kering, the iconic luxury house faces mounting challenges stemming from over-saturation,...

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Kering: how Luca de Meo's financial overhaul is giving the luxury group breathing room and time

3.3 billion euros. In a word, as in a number, is Kering's financial trajectory finally changing? By reducing its debt by 4.7 billion euros in just six months, the world's number two luxury group has secured what it needed most: time and capital to complete its turnaround. Presented on July 28, 2026, the half-year results show revenue of 7.22...

Fashion

Gucci renews its gender equality certification in Italy

Gucci has renewed its Gender Equality certification, obtained following a recertification audit conducted by Bureau Veritas Italia, an internationally accredited and recognised certification body. The recertification audit involved 14 companies operating in Italy within Gucci's corporate, retail and industrial sectors. The certification measures...

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Tancredi Vitale joins Gucci to lead racing division

Gucci is further advancing its sports strategy. The Italian luxury fashion label has appointed Tancredi Vitale as vice president of its racing division, Gucci Racing, the company announced on Wednesday. The designated manager will take up his new position on September 1. He will report to Giovanni Perosino, who will continue to oversee the...

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Video: Bloomberg analyzes the factors behind Gucci's decline

Gucci, once synonymous with larger-than-life luxury, has fallen far from its rarefied perch. Bloomberg Originals takes a close look at why the iconic brand became a sales bin staple, and how it might pull itself back out.Gucci, once synonymous with larger-than-life luxury, has fallen far from its rarefied perch. Bloomberg Originals takes a close...

Fashion

Kering partners with eight Italian educational institutions

Talent development remains a strategic focus for the Kering group's brands. The company announced today that it has signed the first memorandums of understanding with eight local educational institutions at the Campus Valore Italia - Mind Milano innovation district. This initiative aims to create a widespread network capable of projecting...

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Gucci and L'Oréal reach 50-year licensing accord

L'Oréal and Gucci said they have reached a licensing agreement lasting 50 years for the French company to make perfumes and cosmetics under the name of the Italian fashion house, Gucci's parent company Kering said Tuesday. The agreement follows a decision to terminate a licence agreement between Gucci and US-based Coty a year before it was due...

Fashion

Gucci launches new high jewellery collection

The beauty of flowers and the elegance of nautical elements define Gucci's new high jewellery collection. The collection features four distinct families: Gucci Flora, Gucci Nodo, Everlasting G and Iconic Signatures. These include the Horsebit and Marina Chain motifs, which are testaments to the Italian craftsmanship that the maison masterfully...

Fashion

Gucci takes over Times Square for its cruise show in New York

New York - Italian brand Gucci took over New York's most iconic square, Times Square, on Saturday evening for the second show by its new artistic director, Demna Gvasalia. Models walked on a large runway set up on the ground in this section of Manhattan, framed by 7th Avenue and Broadway, while the huge advertising billboards for which the area...

Culture|In pictures

Demna Gvasalia deconstructs Gucci's history in new exhibition

Demna Gvasalia is rewriting Gucci's history in a “museum of museums”. As part of a new exhibition, the creative director of the Florentine brand tells the house's story not as a linear chronicle, but as a multifaceted reinterpretation blending the present and memory. With the “Gucci Storia” exhibition at Palazzo Gucci, he is creating a “museum...

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Fashion

Fuorisalone highlights: from Stone Island's No Seasons project to H&M Home's Kelly Wearstler collection

Fuorisalone is now over, along with its whirlwind of events, long queues and the flood of people that took over Milan for a week. While the appeal of Fuorisalone is undeniable, it is worth reflecting on the quality of the events, their content and the interest they generate among fashion and design professionals. It is understandable that brands...

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Business

Kering unveils recovery plan, aims to more than double profit margin

French luxury giant Kering has announced a recovery plan as the group continues to struggle. On Thursday, it revealed measures that include more than doubling its operating margin rate in the medium term. The group began a transformation last year under its new chief executive officer, Luca de Meo. It now aims to achieve an operating margin rate...