Fashion Rumor Of The Day: A Big Shake-up At Gucci? – Yahoo News

13 Dec

http://youtu.be/HJ77BhGDzkk Armani Armani created this fun animated film to celebrate their new wooden framed eyewear which feature a lightweight structure in gold plated metal and hand-crafted wood. The video shows the raw material being manipulated in stop-motion, and is set to a fun whistling soundtrack. http://youtu.be/0RKSMiLaa6g Chloe Parisian brand Chloe are sending out their holiday wishes in typically stunning style. This short film features bottles of Chloe fragrance illuminating a dark room to a beautiful soundtrack packed with added twinkles. Keep your eyes peeled as messages of ‘love’, ‘happy’ and ‘joy’ all flash up onto the screen.
Source: http://news.yahoo.com/fashion-films-week-fendi-armani-chlo-120317878.html

By Merle Ginsberg 5 hours ago Content preferences Done It was a rumor that swept Europe this summer, but now Page Six is reporting that Gucci’s top couple, CEO Patrizio di Marco and creative director Frida Giannini, who have a daughter together ,will exit their posts imminently. The Post also reports sales at the global brand have been stagnant, and Michele Sofisti, the CEO of Gucci’s watches and jewelry division, left the company last week. In October, Gucci posted its weakest quarterly growth in four years, withoverexpansion in China being pointed to as one reason. Rumors abounded in Europe about this over the past summer, with names being floated as possible new Gucci creative directors. One name heard often and loudly was Givenchy’s Riccardo Tisci, who has been considered one of fashion’s top talents for years and, we hear, has been at least approached for the position.
Source: http://news.yahoo.com/fashion-rumor-day-big-shake-gucci-050044741.html

Newest Condé fashion mag goes out of ‘Style’ | New York Post

And Style.com publisher Matt Rice, who once reported to Conde Nast president Bob Sauerberg, is now reporting to Vogue publisher Susan Plagemann, WWD said. Standen and Rice could not be reached for comment. Sources tell Media Ink that it was a decision by Wintour, who is artistic director for all Conde titles, to pull the plug on the magazine because she felt it replicated a lot of what the flagship was doing. Meanwhile, Conde CEO Charles Townsends released his state of the company year-end e-mail and conceded that 2014 was challenging. Figuring out exactly how challenging it was is hard to say, but it was clearly a down year. Sources say only two of the magazines reported ad-page gains: Conde Nast Traveler and Glamour. Web traffic is apparently surging and digital is approaching 20 percent of overall revenue.
Source: http://nypost.com/2014/12/11/newest-conde-fashion-mag-goes-out-of-style/

Kering shakes up Gucci management to boost brand – Yahoo News

Kering said in October that sales trends at the 93-year-old Florentine brand showed signs of turning the corner in the third quarter, particularly in major markets such as western Europe and China, despite remaining negative. Every major luxury goods maker has been hit by the worst spending slump in five years as concerns about economic growth and conflicts in the Middle East and Ukraine hampered demand from the Chinese, Russians and Europeans. Big brands have also been suffering cynthia vincent shoes from consumers’ growing appetite for smaller, less widely distributed labels. Based on sales performance, some such as Louis Vuitton and Hermes appear to have done a better job than Gucci at rebuilding or supporting their exclusive image. Analysts and investors say Gucci got rid of too many accessible items and on average, raised prices too much. They also mention lack of innovation, which affects brand desirability and ultimately investor sentiment and growth prospects.
Source: http://news.yahoo.com/kering-says-marco-bizzarri-replace-gucci-ceo-di-073117002–finance.html

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