That’s after comparable sales at Gucci tumbled 18% in the first quarter on slack demand in China. Kering is struggling to revive the fortunes of Gucci, which accounts for more than two-thirds of ...
The National Bureau of Investigation (NBI) on Wednesday reported that a raid on an establishment in Pasay City yielded fake ...
Meanwhile, Gucci is in a more difficult position than rivals, as it caters to affluent rather than super-rich shoppers. LVMH Moet Hennessy Louis Vuitton SE, owner of Louis Vuitton and Loewe, which ...
It also reflects that there's money in the system — but Chinese consumers are just really not that keen on dropping their hard-earned cash at Starbucks or Gucci. China's economy is facing ...
Luxury stocks face volatility despite LVMH’s 1% sales rise. Kering and Hermes saw share declines, while Richemont and ...
Fei Fei, one of China’s most prolific models, is captured by photographer Zoey Grossman. Dressed by stylist Alvin Yu in a look from Sabato De Sarno’s debut Gucci collection for Spring 2024 ...
The Chinese mainland luxury market will continue to be slow in the first half of the year but could improve in the third ...