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X @Bloomberg
Bloomberg· 2025-09-17 16:55
Bernard Arnault’s family is installing LVMH executives to lead recently-acquired Paris FC, a sign the luxury billionaire is intent on reviving the commercial fortunes of the club https://t.co/MLifL3w0nP ...
Kering says it has appointed Francesca Bellettini as Gucci CEO
Reuters· 2025-09-17 15:53
Kering said on Wednesday it had appointed deputy CEO Francesca Bellettini to be the president and CEO of Gucci. ...
Kering ousts Gucci CEO, appoints Francesca Bellettini to lead the brand
Yahoo Finance· 2025-09-17 15:53
Group 1 - Kering has appointed Francesca Bellettini as the new CEO of Gucci, replacing Stefano Cantino after only nine months [1][2] - Bellettini, who has a background in banking, has been one of Kering's deputy CEOs since 2023 and has overseen several brands including Saint Laurent, Balenciaga, and Bottega Veneta [1] - The appointment comes as Gucci has experienced a decline in sales by double-digits in recent years, prompting Kering to address the issues facing its flagship brand [2] Group 2 - Jean-Marc Duplaix will continue as Kering's COO, but the roles of deputy CEOs will be eliminated under the new leadership of Luca de Meo [2][3] - The management change aims to clarify roles and responsibilities within the executive team, which has been a key concern for analysts and investors [3]
Marco Felci Named Tod’s Group Americas CEO
Yahoo Finance· 2025-09-16 20:34
MILAN — Tod’s Group has appointed Marco Felci chief executive officer, Americas. He succeeds Roberto Lorenzini, who, as reported, is stepping down in mutual agreement with the owners of the Italian group, the Della Valle family. More from WWD Felci joins Tod’s from Dolce & Gabbana, where he held the role of executive vice president, commercial. Felci brings to the Italian group more than 20 years of experience in the luxury and fashion industry, with a strong focus on the American market. He began his c ...
Hackers steal client data from Kering's Gucci, Balenciaga and McQueen, BBC says
Reuters· 2025-09-15 15:24
Group 1 - Hackers have stolen private details of potentially millions of customers from luxury brands Gucci, Balenciaga, and Alexander McQueen [1] - The attack targeted the French parent company Kering, which oversees these luxury labels [1] - This incident raises concerns about data security within the luxury goods sector [1]
Francesca Bellettini Expected to Take Helm of Gucci: Sources
Yahoo Finance· 2025-09-14 12:53
Kering is zeroing in on a contract to make Francesca Bellettini, one of its most high-profile and accomplished executives, the next chief executive officer at Gucci, WWD has learned. According to multiple industry sources, Bellettini will succeed Stefano Cantino and Cantino will exit the Italian fashion house after only about nine months in the role, during which there has been significant change. More from WWD It is understood an announcement could come as early as this week. Officials at Gucci and Ker ...
X @The Economist
The Economist· 2025-09-14 09:00
As a firm believer in astrology, he was a Cancer in every way: creative, hyper-sensitive and introverted. He was Giorgio Armani, and he was not for sale. Read our obituary https://t.co/07bYViP0WG ...
5 Luxury Goods That Are Smart Investments: Birkin, Rolex
Business Insider· 2025-09-13 10:55
What's old is new again — and, sometimes, more expensive.The resale market has reached new heights this year: One in three American luxury consumers has bought or sold on a resale platform, according to McKinsey's 2025 State of Luxury report. And some shoppers are buying with an eye toward investment. Online thrift store ThredUp found in a survey about the secondhand market that 47% of shoppers considered the resale value of clothing before making a purchase.A new report from luxury consignment shop The ...