Gucci

Demna Debuts Gucci Collection, Igniting New Era in Milan

Maverick Georgian designer Demna makes his debut for Gucci at Milan Fashion Week on Tuesday with a film featuring a family of Italian characters bursting with attitude, as the house pledged a "new era" in its history. The 44-year-old took over at Gucci in July after a decade at fellow Kering brand Balenciaga, tasked with helping reverse falling ...

Gucci owner Kering posts 46% profit slump before new CEO arrives

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing. Group net profit fell to 474 million euros ($547 million) in the first half from 878 million in the same period last year, on sales ...

Gucci-Owner Names Ex-renault Chief Luca de Meo as CEO

French luxury group Kering announced Monday that it had appointed Luca de Meo, who helped drive automaker Renault out of crisis, its new chief executive as sales at its leading brand Gucci have slumped. The appointment "marks a decisive step in the evolution of Kering's governance and strengthens the Group's leadership as it enters a new phase of ...