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In 2023, Kering's annual results declined to 19.6 billion (-4%), mainly caused by the deceleration of Gucci's streak, a transition phase according to the group's executives. [39] That same year, Kering acquired the fragrance company Creed , [ 40 ] 30% of the fashion house Valentino , [ 41 ] and Kering Beauté was launched to manage in-house the ...
In 2009, Italian luxury brand Gucci accused Guess of counterfeiting and trademark infringement on the Gucci logo and the interlocking G's which appear on pairs of Guess shoes. In 2012, Gucci was awarded $4.7 million in damages; originally, the Italian brand had asked for $221 million.
Theo Baloyi is a South African entrepreneur, and the founder and chief executive officer of Bathu Shoes. [1] He launched his eponymous shoe brand in 2015, having previously served as a Senior Associate at PwC in Dubai. [2] [3] He was featured in the Forbes 30 Under 30 list in 2019. [4] [5] In 2021, he won GQ's Business Leader of the Year. [6] [7]
In March, the Gucci-owner issued a warning that its first-quarter sales would plunge by 10% this year compared to 2023 due to stalling demand for expensive goods amid high interest rates, ...
Guccio Gucci was born in Florence, Tuscany on 26 March 1881. [1] He was the son of Tuscan parents, Gabriello Gucci, a leather craftsman from San Miniato, and Elena Santini, from Lastra a Signa. [2] [3] As a teenager, in 1899, Guccio Gucci worked at the Savoy Hotel in London.
A 1968 Bizzarrini Manta Carimate Chair designed by Vico Magistretti in 1959 and produced by Cassina Manufacturing plant for De'Longhi coffee machines in Treviso, Italy De Tomaso Pantera, once owned by Elvis Presley Diadora Mythos Axeler athletic shoes, 2009 Dolce & Gabbana, headquartered in Milan A Ducati 1199 Panigale S motorcycle An Eko CX7S guitar Ferrari California T Ferrero Mon Chéri A ...
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Under their direction, Valentino introduced a modernised aesthetic that Vogue described as "fresh-faced girls in long, fragile dresses" [18] and the success of the introduction of the "Rockstud" accessory line and "Rockrunner" sneakers. [19] In 2008, Valentino opened its first boutique in China, at the Peninsula Palace Hotel in Beijing. [20]