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Gucci beauty, or Kering’s attempt to pretty up an ugly drop in profits, Fashion

Gucci beauty, or Kering’s attempt to pretty up an ugly drop in profits

Back in February, Gucci’s parent company, Kering, announced a drop of 95% in net profits for 2013: €50 million (£41 million), down from €1.05 billion in 2012. In addition, Gucci reported its slowest quarterly sales growth in four years for the final three months of 2013. Like-for-like sales were up just 0.2 per cent in the fourth quarter of 2013. The label’s cosmetic line will launch in the fourth quarter of 2014. Coincidence?

By | Fashion, Fashion Sense | Tuesday, 20 May 2014 at 5:02 pm

Cruise 2015: Plain sailing from Raf Simons’ Dior, Fashion

Cruise 2015: Plain sailing from Raf Simons’ Dior

It’s odd seeing a Dior show in New York. Namely, because it all feels so very Parisian. Actually, it’s Parisian per se – which conjures up images of chi chi little pied-de-poule suits and veiled hats, baguettes, breton stripes, clipped poodles, that ooh-la-la Francophile shtick – but reminiscent of the Dior we see in Paris. There was the same stripped-back set, this time an expanse of white catwalk and a metallic mirrored backdrop reflecting the scene like an idealised Hudson River. We were watching Cruise, after all. The real Hudson was more Dior grey than mirror, in reality, but even that fitted the identity of the house.

By | Fashion, Fashion Sense | Thursday, 8 May 2014 at 2:47 pm

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