^^
Hilarious. I get that creative people are sensitive anyway and that the critics may have got to him but he said in his interview before the show that people will say that it’s boring. The logic would have been that he was prepared for it.
When you have the conviction of your message, you just have to shut up and put in the work.
He has a new collection to show in 3 months and then menswear. He has pressure and a big challenge ahead.
Frida had the conviction of her aesthetic. The critics were terrible but she never switched and eventually her Gucci was a commercial success anyway.
I do agree that Gucci needs better investment and management structure. However LV is moving upmarket to compete with Hermes. Gucci shouldnt try to directly compete with LV but instead take their place in the market.
Gucci is stuck with a watch license - to swatch i think. that sort of drags their whole brand down.
Hmmm….
I think there’s a confusion between perception and reality. Don’t get it twisted, Louis Vuitton as a brand is bigger than all the brands in the market. Racamier was a visionary so when Bernard Arnault took over LVMH, he had already in his hands a very profitable and important company already that he only pushed to higher heights.
Can we really say that Louis Vuitton is competing with Hermes? Hmm no… Having more expensive products just mean that they are responding to the market.
But one thing is true about the influence of Hermes is the lifestyle approach. Hermes has always been a lifestyle brand.
We are seeing Vuitton transition more into that lifestyle brand. It’s not just about the luggages, the bags and clothes. The same thing happened with Dior, that has become in less than a decade a lifestyle brand.
It’s a strategy that allows the brand to be less dependent on the aesthetic of a creative director.
The problem of Pinault, that has never solve since Tom Ford left, is that he has never institutionalized Gucci. And at the same time, it’s difficult to make long term decisions with short terms goals.
If Swatch was linked to Gucci, it would have been great actually because Swatch owns some of the most prestigious house in the market and could have helped with the distribution and marketing too.
But as
@kasper! said, it’s not the case. The worst thing is that Pinault has never managed to make Girard-Perregaux or Ulysse Nardin happen either…When Arnault turned Hublot into an important actor in the sector in a very short time. Now at LVMH, they are really pushing the watches and jewelry. KERING is still trying to make it cash cow happen…