Wei ZhangFashion
China’s 20% Tax Crackdown Piles Pressure on Luxury Brands
Wealthy Chinese face an October 22 deadline to settle back taxes on offshore trusts, curbing spending at LVMH, Kering and Hermes.
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Gucci
Every story tagged Gucci on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Gucci
108 stories in this topic
Rajiv MenonFashion
LVMH Loses $167 Billion in Value as Chinese Shoppers Cut Handbag Spending
Asia excluding Japan generated 35 percent of fashion and leather revenue in 2025, leaving the French group exposed as Chinese consumers pivot toward beauty and jewellery.
Aiko TanakaFashion
Global Luxury Set to Grow 2 to 5 Percent as Burberry and Kering Reset
A BCG survey of 12,000 consumers shows 70 percent halted purchases over price hikes, shifting spending toward beauty.
Aiko TanakaFashion
Gucci Shifts Sneaker Manufacturing to China in Break with Tradition
Parent company Kering will maintain production of formal leather shoes and handbags in Italy while sourcing technical casual footwear from Asian hubs.
Minjun ParkFashion
Over 90 per Cent of Luxury Consumers Seek Experiences Beyond Products
MG2 Advisory found 62 per cent of buyers purchase for craftsmanship, while nearly half seek private members-only access and repair services.
Rajiv MenonFashion
China Luxury Label Icicle Hires Former Gucci Head Sabato De Sarno
The Italian designer will oversee ready-to-wear, accessories and eyewear, with his debut collection scheduled for the autumn/winter 2027-2028 season.
Maria SantosFashion
Kering Redirects up to €300 Million to Asia as Regional Sales Grow 12 per Cent
Yves Saint Laurent led regional expansion with 30 per cent annual gains while Gucci saw its revenue share across the group drop to 48 per cent.
Maria SantosFashion
Coty Full-Year Revenue Drops Five per Cent to US$5.8 Billion Ahead of Gucci License Loss
Fourth-quarter adjusted EBITDA fell 26 per cent to US$93.6 million as the beauty group withheld its 2027 financial guidance.
Minjun ParkFashion
Vietnam Authorities Crackdown on Counterfeit Luxury Goods: Over 1,800 Fake Gucci, Hermes Items Seized
A significant crackdown operation in Vietnam resulted in the seizure of over 1,800 counterfeit luxury items, including fake Gucci glasses and Hermes watches. The operation targeted a store specializing in the sale of counterfeit branded merchandise. Vendor…
Aiko TanakaFashion
Ho Chi Minh City Ceo Arrested: Accused Of $570,200 Counterfeit Perfume Operation
In a recent turn of events, a CEO and his spouse based in Ho Chi Minh City (HCMC) have been apprehended by the police on the grounds of allegedly manufacturing and marketing tens of thousands of fraudulent perfume bottles. These counterfeit products bore the…
Maria SantosFashion
Fake Louis Vuitton, Gucci shoes seized in $1.3M Hong Kong counterfeit bust
In a recent operation, Hong Kong officials intercepted an estimated HK$10 million worth of suspected counterfeit clothing and footwear, featuring labels from major brands such as Louis Vuitton, Gucci, and Nike. The operation, held between October 6 and 17,…
Sarah ChenFashion
Francesca Bellettini confirmed to lead Gucci
The esteemed luxury conglomerate Kering has announced the appointment of Francesca Bellettini as the new president and CEO of one of its prime brands, Gucci. She steps into the role, succeeding Stefano Cantino who served for a brief tenure of nine months.…
Minjun ParkFashion
Client data exposed in Gucci, Balenciaga and McQueen cyberattack
Luxury brands Gucci, Balenciaga, and Alexander McQueen have fallen victim to a cyber attack, leading to the potential theft of millions of customer’s private details. The assault targeted Kering, the French corporation that owns these prestigious labels.…
Maria SantosFashion
Seoul’s Fashion District Transforms As Gucci And Louis Vuitton Ignite Luxury Dining Rivalry
In a fashionable district of Seoul, two premier luxury brands are shifting their rivalry from the fashion world to the restaurant industry. Gucci is set to open its redesigned and relocated restaurant, Gucci Osteria da Massimo Bottura Seoul, within its…
Aiko TanakaGeneral
Kering Reports 16% Revenue Drop Amid Gucci’s Struggling Sales In First Half Of 2021
Kering, the renowned French luxury merchandise corporation, has disclosed a significant sales drop for the initial half of the year. The company’s performance continues to be impacted negatively owing to a consistent decline in sales from Gucci. Semi-Annual…
Maria SantosFashion
Gucci America goes into battle with Forever 21
Gucci America has filed a lawsuit against US fast-fashion retailer Forever 21 for allegedly copying its trademark “blue-red-blue” and “green-red-green” stripe webbing. Included in the filing in a Californian district court is a motion to dismiss a Forever 21…