The menswear label owned by Kering has confirmed the dismissal of 320 employees linked to the closing down of its Italian shirt and knitwear factories. Unions say the loss of this expertise will impoverish Brioni.
The Italian label brought in half a billion euros in the first nine months of the fiscal year, jumping more than 32% compared to the same period in the previous year, thanks to double-figure growth across all markets.
The Italian brand has announced that “Gucci Love Parade,” the upcoming collection from creative director Alessandro Michele will be presented on one of the most iconic streets in the world: LA’s Hollywood Boulevard.
Zalando has announced an interesting development this week as it aims to “elevate the visual experience for customers” by piloting “virtual production” in a Designer category partnership with Orendt Studios.
After half a century of loyal and honourable service, Marie-Louise de Clermont-Tonnerre has left the Parisian label. She joined Chanel in 1971 and set up the PR department, notably overseeing brand communications.
Luxury giant Hermès said its sales grew by 31% in the third quarter, beating market expectations even as the pace of the rebound from the fallout of the coronavirus pandemic slowed down from the previous three months.
Indian gold imports are expected to rise in the coming months due to strong demand for jewellery during the ongoing festive and wedding season, according to the country’s official jewellery body GJEPC.