Read More: What China’s Persistent Deflation Means for The World: QuickTake The bar to entice Chinese shoppers has therefore risen. Gucci has seen a significant drop in Chinese online sales in ...

China’s social media platforms are buzzing as luxury brands reset their creative leadership. Are these high-profile exits and ...

Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its ...

There has been no official announcement regarding his Gucci runway debut, but customers and critics quickly criticized if the ...

Gwyneth Paltrow spoke to Vanity Fair as part of a new cover story and pulled back the curtain a bit on her big return to ...

The Italian House’s latest exhibition at Shanghai’s Sunke Villa explores the artistry, history, and cultural significance of ...

Global luxury brands are accelerating their exit from China, closing stores in prime locations across major cities as consumers tighten their spending.

French luxury group Kering closed two Gucci stores in Shanghai last month ... “Most brands have seen steep declines in sales in mainland China, not only affected by [depressed] consumer ...

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 ...

despite improvements in key markets China and the United States, said chief financial officer Armelle Poulou. Gucci sales sank 24 percent to two billion euros in the last three months of 2024.