Gucci CEO Expected To Exit Amidst Kering Shakeup
Summary Gucci’s CEO is reportedly exiting, to be replaced by Francesca Bellettini The change is part of a swift shakeup by new Kering CEO Luca de Meo It is an ...
Tag: Kering
Gucci In “State of Unrest” As 1000 Employees Threaten to Strike
Summary About 1,000 unionized Gucci employees are threatening to strike over unpaid welfare bonuses promised by parent company Kering for 2022-2024. This labor dispute puts Gucci in a pivotal position ...
Will the US-EU Tariff Worsen the Luxury Slowdown?
Summary A new US-EU trade deal imposes a 15% tariff on European goods, further straining the luxury fashion industry already facing a significant global slowdown and disappointing earnings reports from ...
François-Henri Pinault Expected To Be Replaced by Renault CEO Luca de Meo at Kering
Summary Luca de Meo, the current CEO of Renault, has announced his decision to step down from the French carmaker effective mid-July 2025 Rumored to become Kering’s new CEO, the ...
Hermès Ups Bag Production and Prices as Chanel Enlists Kendrick Lamar for Eyewear Push in This Week’s Top Fashion News
In this week’s top fashion news, luxury houses roll out new strategies to weather uncertain conditions, and contemporary designers and ambassadors continue to push their fresh perspectives. After sharing that ...
Gucci Reports 25% Sales Drop
Today Gucci-parent Kering reported that its revenue fell by 14% first quarter of 2025, echoing weak results reported by LVMH earlier in the week. According to a report from WWD, ...
