Kering also mentioned during the earnings call that Gucci’s prices are not expected to rise significantly in 2024. To maintain brand value, Kering plans to reduce discounts and may begin reducing the ...
We believe brands go through fashion cycles lasting around 5 years and our forecasts for more near-term pressure on Gucci reflect those. We still expect the long-term margin for Gucci to be below the ...
Sign up to receive the Vogue Business newsletter for the latest luxury news and insights, plus exclusive membership discounts. Gucci’s turnaround will be led by ...
N.Y.—The Kmart store is down the road and a world away from local Chanel and Gucci outlets, a rare oasis for bargains in the Hamptons. On Sunday, luxury goods will triumph over low prices.
The real-time price of Brent crude oil is at $75.07 per barrel, and the price of WTI crude oil is at $71.22 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...