The Fort Worth Press - New-look Gucci goes back to the classics

USD -
AED 3.672498
AFN 64.500028
ALL 81.624824
AMD 375.516815
AOA 917.000443
ARS 1379.923618
AUD 1.41603
AWG 1.8
AZN 1.704229
BAM 1.667278
BBD 2.011082
BDT 122.671668
BHD 0.376625
BIF 2967.989429
BMD 1
BND 1.272324
BOB 6.899962
BRL 5.0092
BSD 0.998508
BTN 92.62947
BWP 13.405226
BYN 2.865862
BYR 19600
BZD 2.008184
CAD 1.38125
CDF 2300.000437
CHF 0.789487
CLF 0.022686
CLP 892.843442
CNY 6.82802
CNH 6.824955
COP 3636.503133
CRC 462.128639
CUC 1
CUP 26.5
CVE 93.998551
CZK 20.788403
DJF 177.809983
DKK 6.372903
DOP 60.125314
DZD 132.246707
EGP 53.108563
ERN 15
ETB 156.679852
EUR 0.852702
FJD 2.211498
FKP 0.742933
GBP 0.743467
GEL 2.690006
GGP 0.742933
GHS 10.988449
GIP 0.742933
GMD 73.512179
GNF 8760.922382
GTQ 7.638208
GYD 208.899876
HKD 7.832299
HNL 26.518904
HRK 6.425901
HTG 130.923661
HUF 320.192642
IDR 17089.3
ILS 3.03421
IMP 0.742933
INR 93.090503
IQD 1308.043135
IRR 1316125.000245
ISK 122.189581
JEP 0.742933
JMD 157.870509
JOD 0.709037
JPY 159.16501
KES 129.210179
KGS 87.449902
KHR 3997.272069
KMF 420.000045
KPW 899.998178
KRW 1484.909374
KWD 0.30869
KYD 0.832104
KZT 471.85542
LAK 22019.52176
LBP 89419.71783
LKR 315.118708
LRD 183.726184
LSL 16.382337
LTL 2.95274
LVL 0.60489
LYD 6.347556
MAD 9.280849
MDL 17.20387
MGA 4143.898385
MKD 52.551042
MMK 2100.763326
MNT 3574.006152
MOP 8.05507
MRU 39.91049
MUR 46.519994
MVR 15.460014
MWK 1731.383999
MXN 17.621971
MYR 3.965037
MZN 63.959715
NAD 16.382337
NGN 1359.566982
NIO 36.741827
NOK 9.5249
NPR 148.206811
NZD 1.708964
OMR 0.38463
PAB 0.998508
PEN 3.369933
PGK 4.322066
PHP 59.876499
PKR 278.505946
PLN 3.653126
PYG 6457.525255
QAR 3.640254
RON 4.342303
RSD 100.055411
RUB 77.038489
RWF 1458.164614
SAR 3.748263
SBD 8.058149
SCR 15.185201
SDG 600.999734
SEK 9.27195
SGD 1.274603
SLE 24.624988
SOS 570.649162
SRD 37.449013
STD 20697.981008
STN 20.885725
SVC 8.737053
SYP 110.530532
SZL 16.386343
THB 32.208014
TJS 9.490729
TMT 3.505
TND 2.917693
TRY 44.665012
TTD 6.776352
TWD 31.741802
TZS 2591.108648
UAH 43.382209
UGX 3694.642172
UYU 40.288138
UZS 12141.852436
VES 475.837803
VND 26336
VUV 117.921501
WST 2.734489
XAF 559.189293
XAG 0.01312
XAU 0.00021
XCD 2.70255
XCG 1.799582
XDR 0.695452
XOF 559.189293
XPF 101.666596
YER 237.149874
ZAR 16.387498
ZMK 9001.199353
ZMW 18.996633
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • JRI

    0.0400

    13.02

    +0.31%

  • BCC

    -0.4100

    80.17

    -0.51%

  • CMSD

    0.0400

    22.63

    +0.18%

  • NGG

    -0.0300

    90.29

    -0.03%

  • GSK

    -0.1500

    58.21

    -0.26%

  • BCE

    -0.5400

    23.35

    -2.31%

  • RIO

    1.1300

    98.26

    +1.15%

  • RELX

    -0.0400

    33.3

    -0.12%

  • CMSC

    0.0400

    22.43

    +0.18%

  • RYCEF

    -0.2700

    16.96

    -1.59%

  • VOD

    -0.1600

    15.69

    -1.02%

  • AZN

    -0.9600

    204.03

    -0.47%

  • BTI

    -0.0400

    58.81

    -0.07%

  • BP

    0.5400

    46.44

    +1.16%

New-look Gucci goes back to the classics
New-look Gucci goes back to the classics / Photo: © AFP

New-look Gucci goes back to the classics

Gucci's new creative director made his long-awaited debut in Milan on Friday, offering a timeless, feminine collection with the aim of relaunching the luxury brand.

Text size:

French owners Kering brought in Sabato de Sarno in January to replace star designer Alessandro Michele, who transformed Gucci over seven years with his eccentric, gender-fluid designs and offbeat shows.

But while Michele reached out to a younger and more diverse audience, sales lagged behind those of Gucci's rivals.

De Sarno, who spent more than a decade at Valentino, unveiled his first collection in front of an A-list crowd including actors Julia Roberts and Ryan Gosling.

The event got off to a tricky start after the catwalk had to be moved from the streets of Milan to inside Gucci's headquarters due to a forecast of rain.

In the end the setting was starkly minimalist, the models dressed in a palette ranging from grey and navy blue to pistachio and burgundy red walking under a path of lights around a huge, pitch-black space.

There was leather in all its forms, whether slitted knee-high skirts or tiny shorts with low waists, jackets and bra tops.

An activist with animal rights group Peta stepped briefly onto the catwalk with a sign saying "Gucci: Ban Exotic Skins".

Coats also took pride of place, including the one that opened the show, with a masculine cut with a slit at the back bordered by Gucci's trademark grosgrain ribbon.

The collection was dubbed "Ancora" ("Again") -- "it's a story of everything, again, but this time expressed through joy", De Santo said in the show notes.

- New chapter -

De Sarno's appointment came as something of a surprise, as the 40-year-old from Naples was largely unknown to the general public.

But he is far from a novice.

After stints at Prada and Dolce & Gabbana, he spent 14 years at Valentino, rising to become director of the men and women's collections and right-hand man to creative director Pierpaolo Piccioli.

There has also been a change of management at Gucci this year with the departure of Marco Bizzarri, chief executive since 2015, who formally steps down Friday.

The deputy CEO of Kering, Jean-Francois Palus, a confidant of the company's chief executive and owner Francois-Henri Pinault, will take the reins on a temporary basis.

Alessio Vannetti also returned to Gucci this month after a stint at Valentino to become chief brand officer.

"Many things are happening at the same time at Kering," said Luca Solca, senior analyst in global luxury goods at Bernstein, describing it as akin to "spring cleaning".

"Of course, by far the biggest change is the new creative chapter at Gucci. If this works, Kering works," he told AFP.

"Gucci needs new ideas and a new chapter. Putting them into practice would increase turnover and profits."

But it will take time for De Sarno to have an impact, with Solca pointing to the end of 2024.

"There is time," he said.

In July, Kering reported its net profits fell 10 percent in the first half of the year to 1.79 billion euros, blamed on stagnating sales at Gucci.

While Kering's overall revenue rose by two percent to 10.1 billion euros, it dipped by one percent year-on-year at Gucci.

K.Ibarra--TFWP