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Named Fashion Outlets of Chicago, the mall was planned to feature over 140 [1] stores ranging from luxury to casual, [2] and would feature outlets of upscale retailers such as Gucci and Giorgio Armani. [3] Construction would start in November 2011, [4] costing around US$250 million [5] with a planned opening date of 2012. [1]
PARIS — Kering said sales fell 8.2 percent in the fourth quarter, dragged down by a worse-than-expected performance at its star brand Gucci. The French luxury conglomerate reported on Wednesday ...
The Kering conglomerate's overall sales rose and Gucci, which accounts for 60% of Kering's revenues and 80% of its profits, posted comparable revenues up by 24.6%, ahead of analysts' consensus ...
On August 17, 2019, four people attempted to steal sunglasses [24] from a Solstice Sunglasses store [25] in the outlet mall at around 21:00 PDT. [26] Two people were arrested following the robbery. [27] On September 22, 2023, 6 people [28] robbed around $80,000 worth of items [29] from a Gucci store in the outlet mall. [30]
In 2007, the United States Court of Appeals for the Ninth Circuit awarded Albertsons an injunction against Grocery Outlet over its use of the Lucky brand name in a Rocklin, California, store. [20] In 2009, the company added "Bargain Market" to its store branding. In 2011, Grocery Outlet acquired the Pennsylvania-based chain Amelia's Grocery ...
Luxury stocks tumbled Wednesday after a profit warning from Gucci parent Kering laid bare a sharp slowdown in once soaring demand for high-end goods, especially in China.