MILAN — Despite the rocky economy, Gucci is staying the course, casting a wider net and approaching emerging markets with significant potential.
In line with its global retail push, the luxury goods house has opened its first store in Budapest, Hungary. Mark Lee, president and CEO of Gucci, pointed to Hungary as “one of the most dynamic Eastern European markets for the luxury industry.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"