Heard on the Street: Why Gucci Is Following the Trend—And Seeking a New Designer
Job insecurity is trending at high-end brands. The departure of Gucci’s creative head after only two years reflects a deeper challenge in the luxury-goods industry. Sabato De Sarno is leaving after producing only a handful of collections,
Design chief De Sarno leaves Gucci as brand seeks revival
Gucci-owner Kering said on Thursday its creative director Sabato de Sarno would leave the Italian flagship label after less than two years in the job, the latest high-profile designer change as the luxury industry grapples with a slowdown.
Kering hit by weak sales at Gucci
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
Gucci will bounce back, Kering says after profit slump
Gucci will bounce back soon, the Italian fashion house's parent company Kering said on Tuesday after its poor showing contributed to the group's profits falling to 1.13 billion euros in 2024, down by 62% with respect to the previous year.
Gucci sales slump continues as Kering seeks new designer
French luxury group Kering reported a 12% drop in fourth quarter sales on Tuesday, dragged lower by its Italian brand Gucci, but flagged a slight improvement in major markets China and the United States.
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Who is Sabato De Sarno? Details explored as Gucci’s Creative Director leaves the fashion label
Stefano Cantino, CEO of Gucci, appreciated De Sarno's contribution to Gucci in a statement: “I would like to express my deep ...
In Another Shock to Fashion, Gucci’s Designer Is Leaving
Sabato De Sarno’s departure adds to the industry turmoil.
Gucci's design head Sabato De Sarno exits, just weeks before next fashion show
Sabato De Sarno, has left his position as Gucci's creative director, just two and a half weeks before the next runway show. The abrupt announcement comes as the fashion house prepares to open Milan ...
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A to-do list for Gucci’s next creative director
As Sabato De Sarno’s exit from the Italian house triggers an avalanche of rumours about his successor, we lay out the key ...
Sabato De Sarno Departs Gucci, Sparking Succession Speculation, Analysts' Reaction
MILAN - While fashion gossip mongers and industry observers on Thursday speculated on the potential successor of Sabato De ...
Gucci's Creative Transition
Sabato De Sarno's adventure as the creative director of Gucci lasted only two years. A few weeks before the co/ed show that ...