Search results for: “gucci”
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Global Luxury Industry: Weekly Overview and Major Events
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in Automotive, Aviation, Beauty, Business, Design, DRIVE, Fashion, Hi Tech, LUST, Real Estate, SHELTER, Sport & Health, Watches|Jewelry, YachtsThe luxury industry this past week has continued to grapple with the economic and consumer shifts that have defined the year, but with some notable brand-specific highlights and developments. The overarching theme remains a market slowdown, particularly in key Western markets, but with some brands and regions showing resilience. Key Financial and Market Insights Mixed…
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Digital Visions: Kering and Google’s Smart Glasses Play with Fashion, Function, and the Future
When haute eyewear meets Silicon Valley’s brightest minds, the result is something between a design revelation and a tech daydream. At least, that’s what Kering Eyewear and Google are betting on with their newly announced partnership to develop AI-powered smart glasses using Android XR. It’s a match made not in heaven, perhaps, but in an…
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The Impact of Tariffs on the Luxury Industry: A Deep Dive into Global High-End Markets
Tariffs have long been a tool of economic policy, used to regulate trade, protect domestic industries, and at times, retaliate in geopolitical disputes. However, their impact on the luxury industry—a sector that thrives on cross-border commerce, global brand prestige, and exclusivity—can be particularly pronounced. From high fashion to luxury automobiles, fine wines to five-star hospitality,…
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The Parisian Playbook: Why Kering is Doubling Down on Luxury Real Estate in Paris
When you think of Paris, certain images immediately come to mind: the Eiffel Tower, the Seine, haute couture, and, of course, those iconic streets lined with world-class luxury boutiques. It’s no wonder, then, that Kering, the powerhouse behind brands like Gucci, Saint Laurent, and Balenciaga, is staking an even bigger claim in the heart of…
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Notable Successes And Failures Among The New Creative Directors In 2024
In 2024, the luxury fashion industry witnessed a significant reshuffling of creative directors, leading to notable successes and failures that shaped brand trajectories. Here’s a closer look at some key outcomes from these leadership changes. Notable Successes Olivier Rousteing at Balmain Olivier Rousteing’s continued leadership at Balmain resulted in an astonishing 900% revenue growth. His…
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From Runway to Resale: The Year Second-Hand Became First Choice
Sustainability Meets Style: The Boom of Luxury Resale in 2024. Pre-Loved, High Fashion: How Pre-Loved Luxury Took Over 2024 The pre-loved luxury fashion market has seen a significant surge in 2024, driven by a combination of economic factors, sustainability awareness, and changing consumer behaviors. Luxury resale has become not just a niche but a substantial…