Alessandro Michele, Creative Director of Gucci

Discussion in 'Designers and Collections' started by poison84, Jan 21, 2015.

  1. dodencebt

    dodencebt Well-Known Member

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    While the lower sales are mainly in the US, we all expected Gucci to start selling less eventually. Any aesthetic would normally get boring when you don't know when to stop.
     
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  2. happycanadian

    happycanadian Well-Known Member

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    I mean ... it's 20% growth over the previous quarter. This, for a multi-billion dollar company, is still incredibly impressive.

    I think they could really expand their home design market, though. Alessandro's style and vision really lends itself to beautiful ceramics and textiles that look stylish in the home. It could be an opportunity for growth.

    Also, I feel like the Gucci fragrances have lacked in presence recently. Yes, they released "Bloom" in 2017, but there's soooo much more opportunity here.
     
  3. dsamg

    dsamg Well-Known Member

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  4. Lola701

    Lola701 Well-Known Member

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    Alessandro hasn’t renew his contract yet and there’s already trouble in paradise. I hope he will turn the whole direction and surprise everybody because...It doesn’t smell good.
    Bernard Arnault is smiling somewhere...
     
  5. puresoul

    puresoul Well-Known Member

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    With Jared Leto in Rome 3/23/21
    [​IMG]
    [​IMG]
    dailymail.co.uk
     
  6. TianCouture

    TianCouture Well-Known Member

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    my gosh no. they look so silly
     
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  7. fakeawake

    fakeawake Well-Known Member

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    20% is not impressive considering most of Gucci's line up is high markup 'merch'. They are making so much on those cotton sweat pants, I suspect they are struggling because they should be up 50-70% if the sales stayed the same. Remember Gucci has loans that need to be paid. They can't have a pair of $7000 Python pants sitting around, that is money they are paying on interest, rent on the store, pay on the employees. They need those pants out the door as soon as they arrive. Yes they could be making good money on the Python. Gucci would rather sell 10 pairs of $700 sweatpants that they know won't sit around gathering dust. The sweatpants cost very little to source and manufacture so they could end up with he same earning as the single pair of python pants but spend less money outright.

    $1500 Python pants sold for $7000 or 200$ in sweatpant materials sold for $7000. Clearly Gucci is going with the latter.

    Gucci has no excuse for such low numbers considering they have such high margin pieces. They have totally stripped their whole line and are focusing entirely on high margin pieces, there is no room to 'strip' further. Gucci doesn't even sell fur anymore in order to reduce costs and keep prices high. I think they just reintroduced their nylon line which was discontinued years ago bc it looked so cheap, I dont know exactly I dont shop at gucci whatsoever. So yes, Gucci is in trouble like they never have been before. Frida Gianini and Faschinetti should have gotten a duo lifetime contract.
     
    #127 fakeawake, Mar 28, 2021
    Last edited: Mar 28, 2021
  8. fakeawake

    fakeawake Well-Known Member

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    Gucci needs to reverse course at this point. Close stores and make everything mega-precious. Dolce and Gabbana is a brand to note because they have just been raising their prices. Logo wear is now hard to get from Dolce when it used to be their backbone. Dolce sits around thinking of how they can get finer more artisanal pieces into peoples hands while Gucci sits around thinking how they can get more money from their customers. Of course Gucci has bills to pay so they can't just close stores because the debts incurred won't be closed. Gucci is gonna keep stripping out to pay bills eventually they will have a diffusion line called "G Phat" in your local mall. With bobbie english in the ad campaign :wink: We know Gucci has higher debts because they recently redid many stores and acquired new locations in places like Soho NY, they're not paying for those repairs and renovations in cash, that lease is a multi-year debt that the are beholden to.

    As my comment above says, they shouldve made Frida and Alexandra a permanent duo because they were the only designers who gave Gucci a 'look' and knew enough about tailoring to make precious clothing. I still regret not buying a pair of python mens pants from them (see above), and Ive never seen Gucci make another pair of perfect black python pants. Nobody else has, actually. That's Gucci's market though, where to go to get a real python shirt, a real python pair of pants. Authentic alligator trench coats. Frida and Alexandra understood this.
     
    #128 fakeawake, Mar 28, 2021
    Last edited: Mar 28, 2021
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  9. susseinmcswanny

    susseinmcswanny Well-Known Member

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    I cannot agree with you more ^^^ Seriously idg why people hate on Frida so much bc she produced solid authentic sexy desirable luxury. A Gucci store in the late 2000's was a candy shop with all the special well made clothes and accessories, ex. fakeawake's python pants. I used to just gaze in awe at their crocodile and python garments. The reason you would go to Gucci would be for these types of clothes that inspired a sexy luxurious lifestyle. The shock value crap Alessandro makes will never compare. It almost frightens me like we are in some sort of black mirror episode the way they are so hyper focused on making money hand over fist, putting on these ridiculous, ugly, faux intellectual presentations to entice people to join this "cult" so they can buy t-shirts, sweatpants, and flip-flops. None of the Gucci fans today have a brain cell left to make their own decision on what they like or not. You could present them a shirt that says "im a f*cking idiot" and they would eat it up. Like did yall see harry styles in that suit with the purple faux fur boa?? :sick: what the f u c is going on
     
  10. helmutnotdead

    helmutnotdead Well-Known Member

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    For all the people who asked me: “why you don’t want to be fashion designer anymore?!”... Well, they should really take a look at this thread and “Prada: what went wrong?”.
    Damn, fashion industry these days is f*cking depressing.
     
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  11. thekijken

    thekijken New Member

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    ...... Mr Helmut Lang ? is that you ?
     
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  12. fakeawake

    fakeawake Well-Known Member

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    Hold up.


     
  13. GIVENCHYlover

    GIVENCHYlover Well-Known Member

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    Gucci Teaming up with Balenciaga for Next Collection: Market Reports

    According to Italian market reports, creative director Alessandro Michele collaborated with Balenciaga (which is also owned by Kering) and its creative director, Demna Gvasalia on Gucci’s newest collection. The Kering-owned Italian luxury brand is set to reveal the collection, called Aria, through a series of short films on Thursday, April 15. The collection will be Gucci’s first in 2021, its centennial year.
    Neither brand has commented on the report.

    businessoffashion.com
     
  14. aracic

    aracic Moderator

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    The hypebeasts are creaming their pants as we speak.
     
  15. dontbeadrag

    dontbeadrag Well-Known Member

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    Next time: Gucci x Balenciaga x Bottega Veneta collaboration, the holy Kering trifecta.
     
  16. perhydrol

    perhydrol Well-Known Member

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    A crossover no one asked for.
     
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  17. Olaffo

    Olaffo Active Member

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    lord have mercy, is the pandemic not enough? have we offended you so much MCG is not sufficient punishment?
     
  18. YohjiAddict

    YohjiAddict Well-Known Member

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    Hadn't they released a joint Gucci x Balenciaga aberration before? Both are the epitome of boredom, just that one is more representative of nouveau riche look-at-me vulgarity than the other. At least we'll have a fun thread!

    Cristóbal Balenciaga can't haunt them fast enough...
     
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  19. FiveEasyPieces

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    Is it not quite bizarre for two competing fashion labels of their stature to release a collection together? I’m not very knowledgable in this area, but to me it seems akin to Pepsi announcing that they were going to collaborate with Coca Cola.
     
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  20. YohjiAddict

    YohjiAddict Well-Known Member

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    ^They are not competing brands since they both belong to the same conglomerate, Kering. It is bizarre in that they both seem to embody very different ethos and aesthetics, so for me it reads as a very opportunistic/inauthentic gesture.
     

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