Kering's flagship Gucci brand posted a steeper-than-expected decline in first-quarter sales, which it blamed on a transition period as it works to regain momentum under a new creative and management duo.
JAB Luxury has shelved luxury bag brand Zagliani, ending the release of its collections. Only its production workshop will stay in business, incorporated into shoemaker Bally, another label owned by the German group.
After the departure of Christophe Mélard in September, Giovanni Giunchedi is the new CEO of the luxury shoe brand, Kering announced on Wednesday. Marco Bizzarri, leading Gucci since one month, was the interim head.
Luxury shoemaker Jimmy Choo is expected to set its London flotation price at 140 pence a share, the bottom of its indicative range, two sources familiar with the matter said on Thursday, amid declining enthusiasm for ...
With new London headquarters, a new Milan showroom and new management, the historic Swiss shoe brand is undergoing a full reboot. Phase one: the opening of its first flagship store in London on October 22.