Gucci owner Kering rode a wave of U.S. luxury spending in the second quarter to deliver better-than-expected results.
Organic sales at Gucci, which is celebrating its centenary, rose 86 percent in the second quarter, exceeding analysts’ expectations.
The 10th annual event will honor groundbreaking artists and Obama portrait painters Amy Sherald and Kehinde Wiley, and legendary director Steven Spielberg.
The 22 students representing HBCUs, community colleges, fashion schools and non-fashion schools in North America will receive up to $20,000.
The agreement will allow small and medium-sized companies in Gucci’s supply chain to benefit from financing lines and facilitated access to loans at better terms and conditions to launch their own sustainability, environmental and social development.
“Synthetics Anonymous” is a report challenging fossil fuel use in fashion analyzing 4,028 products on “sustainability credentials.”
The new Harajuku-inspired virtual shopping center has two anchor tenants.
In her new role, she will lead the marketing and communications strategy for Gucci Americas.
Grégory Boutté, Kering’s chief client and digital officer, said the investment in Cocoon will enable the French luxury giant “to monitor new consumption habits and digital practices.”