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Marco Bizzarri (born 19 August 1962) is an Italian business executive, president and CEO of Gucci since January 2015 till December 2023. [1] He previously was president and CEO of Stella McCartney (2005–2009) and Bottega Veneta (2009–2014), and joined Kering's executive committee in 2012.
However, from 2015 to 2022, the group's revenue was essentially driven by Gucci's year-on-year high performance, hitting the 10-billion dollars sales mark in 2022. [34] The group divested its interests in Stella McCartney in 2018, [35] Christopher Kane in 2019, [36] and its entire watch division (Girard-Perregaux and Ulysse Nardin) in 2022. [37]
François-Henri Pinault (French: [fʁɑ̃swa ɑ̃ʁi pino]; born 28 May 1962 [1]) is a French businessman, the son of billionaire François Pinault.François-Henri took the reins of his father's retail conglomerate Pinault-Printemps-Redoute in 2005, and turned it into the luxury group Kering (Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta) in 2013.
Now, the Pinault family’s third generation is entering the family business. ... the Gucci-owner issued a warning that its first-quarter sales would plunge by 10% this year compared to 2023 due ...
The luxury boom of the pandemic era has turned into a bust, hurting some of the industry’s most prominent players. The latest victim is Gucci and Yves Saint Laurent’s French owner, Kering.
Gucci-owner Kering is buying up prime property in New York worth nearly $1 billion as luxury slowdown presses on. Prarthana Prakash. January 23, 2024 at 7:17 AM. Jeenah Moon—Bloomberg/Getty Images.
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.
Now, 50 million luxury consumers have either ditched buying designer bags, ... Burberry, and Kering (owner of YSL and Gucci), missed revenue targets this year. In fact, ...