The Japan Times - New-look Gucci goes back to the classics

EUR -
AED 4.234305
AFN 73.206022
ALL 95.812234
AMD 436.184273
ANG 2.063925
AOA 1057.280409
ARS 1587.291241
AUD 1.667055
AWG 2.077953
AZN 1.961064
BAM 1.949927
BBD 2.330401
BDT 141.992303
BGN 1.970794
BHD 0.435312
BIF 3436.663292
BMD 1.152977
BND 1.479051
BOB 7.994884
BRL 6.053341
BSD 1.157025
BTN 108.831715
BWP 15.767643
BYN 3.429201
BYR 22598.351259
BZD 2.327111
CAD 1.595536
CDF 2628.787676
CHF 0.914658
CLF 0.026844
CLP 1059.885276
CNY 7.957269
CNH 7.976186
COP 4267.571808
CRC 537.981872
CUC 1.152977
CUP 30.553893
CVE 109.933392
CZK 24.476208
DJF 206.042059
DKK 7.472157
DOP 69.760177
DZD 153.327594
EGP 60.872574
ERN 17.294657
ETB 180.6651
FJD 2.59218
FKP 0.862237
GBP 0.864946
GEL 3.10733
GGP 0.862237
GHS 12.649842
GIP 0.862237
GMD 84.749724
GNF 10141.496666
GTQ 8.855288
GYD 242.069809
HKD 9.020571
HNL 30.638845
HRK 7.536091
HTG 151.723649
HUF 388.485269
IDR 19502.607732
ILS 3.606368
IMP 0.862237
INR 108.477969
IQD 1515.840693
IRR 1514031.885631
ISK 142.66913
JEP 0.862237
JMD 182.251828
JOD 0.81743
JPY 184.046854
KES 149.766145
KGS 100.827377
KHR 4640.043795
KMF 492.321403
KPW 1037.746034
KRW 1737.415627
KWD 0.354517
KYD 0.9642
KZT 558.260877
LAK 24946.076013
LBP 103458.959416
LKR 363.897058
LRD 212.319549
LSL 19.490063
LTL 3.404441
LVL 0.697425
LYD 7.377873
MAD 10.783173
MDL 20.231237
MGA 4822.515874
MKD 61.638053
MMK 2421.233218
MNT 4132.071286
MOP 9.317276
MRU 46.101338
MUR 53.763579
MVR 17.813319
MWK 2006.373981
MXN 20.570881
MYR 4.605059
MZN 73.671727
NAD 19.489979
NGN 1597.611466
NIO 42.581923
NOK 11.111258
NPR 174.132249
NZD 1.995233
OMR 0.443302
PAB 1.157015
PEN 4.001066
PGK 4.998964
PHP 69.383888
PKR 322.936082
PLN 4.273193
PYG 7528.388952
QAR 4.219572
RON 5.097888
RSD 117.448046
RUB 95.007374
RWF 1689.51831
SAR 4.325551
SBD 9.272285
SCR 16.055447
SDG 692.939845
SEK 10.837521
SGD 1.481118
SHP 0.865031
SLE 28.305819
SLL 24177.365885
SOS 661.211226
SRD 43.052736
STD 23864.298223
STN 24.426531
SVC 10.124548
SYP 128.491078
SZL 19.500432
THB 37.926607
TJS 11.078682
TMT 4.03542
TND 3.395258
TOP 2.776092
TRY 51.153211
TTD 7.867337
TWD 36.827174
TZS 2963.219161
UAH 50.801122
UGX 4281.086328
USD 1.152977
UYU 46.838713
UZS 14111.555625
VES 532.779606
VND 30382.099695
VUV 137.231179
WST 3.170146
XAF 653.989946
XAG 0.017078
XAU 0.00026
XCD 3.115978
XCG 2.085328
XDR 0.813357
XOF 653.995601
XPF 119.331742
YER 275.157775
ZAR 19.696538
ZMK 10378.184071
ZMW 21.665928
ZWL 371.258157
  • CMSC

    -0.1200

    22.79

    -0.53%

  • RIO

    -1.5400

    86

    -1.79%

  • CMSD

    0.1200

    22.8

    +0.53%

  • BCC

    0.8400

    75.49

    +1.11%

  • BCE

    0.1300

    25.62

    +0.51%

  • NGG

    -1.3200

    82.97

    -1.59%

  • GSK

    0.0500

    54.75

    +0.09%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BTI

    0.1500

    58.6

    +0.26%

  • BP

    0.5750

    45.985

    +1.25%

  • VOD

    0.0400

    14.76

    +0.27%

  • RYCEF

    -0.5400

    15.36

    -3.52%

  • JRI

    0.0200

    12.12

    +0.17%

  • RELX

    0.0800

    32.55

    +0.25%

  • AZN

    -0.7300

    186.41

    -0.39%

New-look Gucci goes back to the classics
New-look Gucci goes back to the classics / Photo: GABRIEL BOUYS - 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.

M.Ito--JT