Kering Revenue Falls 13% as Gucci Struggles Continue
Luxury group Kering reported revenue of β¬14.7 billion in 2025, down 13% as reported and 10% on a comparable basis, with operating income falling 33% to β¬1.63 billion. Flagship brand Gucci saw revenues plunge 22% to β¬6 billion, while Yves Saint Laurent declined 6%. Bottega Veneta was the standout, achieving 3% growth and record fourth-quarter sales. New CEO Luca de Meo promises a turnaround strategy at April’s Capital Markets Day. (photo/grazia)
Pop Culture and Designer Moves Shaped 2025 Luxury Resale Trends
Fashionphile’s 2025 report reveals resale shoppers prioritized individuality over trends, with cultural moments driving demand. “The White Lotus” boosted resortwear engagement 45% year-over-year, while Formula 1 sparked 49.6% sales growth. Creative director changes influenced purchases: Balenciaga’s Le City rose 525% after Demna’s exit, and Celine Phantom searches jumped 576.4% post-Michael Rider’s debut. AlaΓ―a’s Le Teckel led ‘it’ bags with 502% increased follows, reflecting investment-focused, story-driven luxury shopping.
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