Gucci, the renowned luxury brand, anticipates a significant 20% decrease in sales for the first quarter, primarily attributed to a slowdown in Asia, as reported by its Paris-based parent company, Kering. This projection contrasts with the resilience demonstrated by rivals such as LVMH and Hermès, whose sales have remained steadfast despite economic challenges. While the…
When Gucci unveiled its Fall/Winter 2023 collection at Paris Fashion Week earlier this year, one accessory stole the spotlight: the revamped Horsebit Chain bag, breathing new life into a classic design. This fresh interpretation of the iconic Horsebit Chain bag, originally introduced by Tom Ford in the early 2000s, adds a modern twist to a…
Consumers, spooked by accelerating job cuts, looming recession fears and continuing high prices for goods and services in 2023, are trading down when they’re shopping, and that includes in secondhand stores. As reported on CNN, demand for secondhand goods remains red hot, with the resale market expected to reach $82 billion in sales by 2026,…
Gucci opened its second location at Scottsdale Fashion Square just in time for the holidays, offering a men’s boutique on the first level next to Aveda and Balenciaga. As reported by KTAR News, the luxury fashion company now has two designated men’s stores in the United States with the other located in Michigan. https://ktar.com/story/5385029/gucci-opens-mens-boutique-in-scottsdale-fashion-square/The new…
