Heard on the Street: Why Gucci Is Following the Trend—And Seeking a New Designer
Job insecurity is trending at high-end brands. The departure of Gucci’s creative head after only two years reflects a deeper challenge in the luxury-goods industry. Sabato De Sarno is leaving after producing only a handful of collections,
Kering hit by weak sales at Gucci
Sales at French luxury group Kering have been weighed down by weak performance at its biggest brand Gucci, as investors wait for a new designer to be named to lead a stalled turnaround. Kering’s sales fell 12 per cent on an organic basis in the fourth quarter to €4.
Sabato De Sarno’s departure adds to the industry turmoil.
According to luxury analysts, the stature of the designer would help revitalize the brand and regain market prominence.
Gucci announced today that it is parting ways with Sabato De Sarno just a little over two years after he was appointed ...
De Sarno was named creative director of the storied Italian fashion house after the surprise departure of Alessandro Michele, who served as Gucci’s lead designer for 20 years from 2002 to 2022.
Luxury giant Gucci announced on Thursday it was parting ways with Italian designer Sabato De Sarno, who had been its creative ...
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Instead, De Sarno is making an early exit. On Thursday, Gucci announced De Sarno’s departure, the latest high-profile ...
Sabato De Sarno is exiting Gucci two years after he was appointed as creative director, the brand announced on Thursday. Its ...
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