Gucci’s decision to part ways with Mr. De Sarno, the first major move of Stefano Cantino, its new chief executive, comes at a time when overall luxury spending has fallen in the wake of global ...
and consultancy Bain & Company estimated luxury sales fell 2 per cent globally last year, weighed down by a property crisis in China - a major market for Gucci. Kering CEO Francois-Henri Pinault ...
Globally, Gucci faces challenges with significant declines in sales and recent leadership changes. Gucci's India manager Nader Wassel has quit the company, according to people in the know, exiting his ...
the Fall-Winter ’25 show in Milan on February 25 will be presented by the Gucci design office, with an announcement of new artistic direction to come “in due time.” De Sarno’s departure ...
If you want to forage for them, the best time to gather lion's mane mushrooms is in the late summer or early fall. Before you embark on a gathering quest, research whether your area allows you to ...
Lion's mane mushroom (Hericium erinaceus) is an edible mushroom thought to have benefits in treating mental conditions like dementia and depression as well as physical conditions like stomach ulcers, ...
PARIS — Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house. Its share ...
Gucci's parent company, Kering, says that creative director Sabato De Sarno will depart after less than two years in the role. The decision to axe Sarno from Kering's biggest brand comes after a ...
On top of woes at Gucci, a broader luxury slowdown has also weighed on Kering, which reported a 46 per cent drop in group operating income in 2024, to €2.55bn, narrowly ahead of Kering’s own ...
Sales retreated 12 percent to 17.2 billion euros. They fell by 23 percent at its Italian brand Gucci alone to 7.65 billion euros. "We have demonstrated in the past that we know how to grow brands, and ...