Pins matching tag:Gucci

Valentino announced Alessandro Michele, who had spent eight years as Gucci's creative director before leaving in late 2022, as its new creative director, succeeding Pierpaolo Piccioli after his 25-year run at the house.

Kering appoints Stefano Cantino, Gucci's deputy CEO since May 2024, as the house's chief executive from 1 January 2025, succeeding Jean-François Palus, who had led Gucci on an interim basis since 2023.

Kering and Gucci announce that Demna, Balenciaga's artistic director since 2015, will become Gucci's new Artistic Director starting early July 2025, succeeding Sabato De Sarno, whose collaboration with the house ended in February.

Kering reports first-quarter 2025 group revenue of €3.9 billion, down 14%, as Gucci's sales fall 25% on a comparable basis to €1.6 billion amid low store traffic and a 33% wholesale decline.

Demna stages his first live runway collection for Gucci, Primavera, at Milan's Palazzo delle Scintille on 27 February 2026, drawing on Botticelli and the Uffizi galleries after his September 2025 lookbook debut.

Kering posts first-half 2026 group revenue of €7.22 billion, up 1% on a comparable basis, as Gucci's decline eases to 5% and recurring operating margin improves to 12.8%, its first comparable growth since Gucci's slump began.

Kering's own financial calendar lists its third-quarter 2026 revenue release for 22 October 2026 after market close, the group's next scheduled results after July's return to comparable growth.