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Gucci Sales Plummet 24% Amid Fashion Week Buzz

2/15/2025

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Summary

Story summary

Kering's Gucci faced a staggering 24% sales decline in Q4 2024, with Saint Laurent not far behind at 8%. Meanwhile, New York Fashion Week dazzled with fresh collections from Thom Browne and Luar. LVMH revealed 20 semi-finalists for its 2025 Prize, while Celine's new creative director, Michael Rider, is set to make his debut on July 6. Stüssy also celebrated the opening of a vibrant flagship in NYC.

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Story summary

Kering's Gucci faced a staggering 24% sales decline in Q4 2024, with Saint Laurent not far behind at 8%. Meanwhile, New York Fashion Week dazzled with fresh collections from Thom Browne and Luar. LVMH revealed 20 semi-finalists for its 2025 Prize, while Celine's new creative director, Michael Rider, is set to make his debut on July 6. Stüssy also celebrated the opening of a vibrant flagship in NYC.