tourbillions
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vauthier or pilati for gucci pls.. I think they need to hire someone with a strong vision and not just half ***ed stories about their first gucci coat.
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The suits at Kering are probably demented enough to pull such a thing.I’d die if they gonna sack Sabato and hire PPP…😂
I expected that, seeing the way lots of the models were walking at the show. The platform appears to be very tall (65mm at the toe, 90mm at the heel) and narrow. The platform heeled loafers from AW'24 seem to be easier to walk in despite the added arch.purse forum review of the platform loafers. lol that they are already offering to make alterations
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Exactly what I said in the other thread about the father being pissed off by his son... with this article that's the 5th time I hear about it.![]()
Fashion Merry-Go-Round Series: 1-More changes at Gucci and Balenciaga
Creative director changes are on the cards at Kering’s Gucci and Balenciaga, and at other brands, Miss Tweed has found out.misstweed.com
The arrival of Italian designer Alessandro Michele at Valentino, replacing longstanding Pierpaolo Piccioli, as predicted by Miss Tweed on Monday and confirmed on Thursday, is one of many creative tectonic shifts that will take place among major fashion brands over the next few months, industry insiders say.
The downturn in luxury spending in the United States and Europe, coupled with weaker than expected demand in China, is forcing controlling shareholders to take drastic action and hire new talent in the hope that this will help their brands regain luster and traction.
These are tough but necessary decisions in the current economic environment. The post-pandemic boom is well behind us. Interest rates and inflation remain high. Consumers seek value for money and are reluctant to splurge on brands that lack innovation and no longer feel relevant. Hence, creative director changes are on the cards at Kering's Gucci and Balenciaga, and at other brands, Miss Tweed has found out.
Reading this will not please investors, but Kering will probably have to part ways with Sabato De Sarno this autumn if the 40-year-old designer is unable to create excitement around the brand and make its sales rise again by then, industry sources predict. It would take some time for a replacement to make a difference - assuming Kering finds a suitable one - further weakening the group.
Many investors question Kering's growth strategy and find its current governance puzzling. Kering's share price is 40 percent lower than a year ago and less than half its peak in summer 2021. It is the worst performer in the Premier League of listed luxury groups. François Pinault, the 87-year-old father of the Kering CEO, François-Henri Pinault, is concerned about the future of the group he founded as a timber company in 1962 and, rightfully so, people close to him ask: What is his son doing?
Fixing Gucci needs to be Kering's number one priority. Gucci accounts for the bulk of the group's revenue and profits. It is its cash cow, as is Louis Vuitton for its arch-rival LVMH. The brand steadily declined after the pandemic when Marco Bizzarri, who was CEO, lost the talent that made the brand the industry's biggest success story, more than doubling its size between 2015 and 2019.
The exodus was partly a result of Bizzarris authoritarian management style, as Miss Tweed reported last year. As performance worsened and tension rose, Bizzarri sacked Alessandro Michele in November 2022. Bizzarri got the boot himself seven months later, in July 2023, as Kering realized he was no longer the right boss for the brand.
Last year, investors realized with stupefaction that Kering had not planned Michele's or Bizzarri's succession. The group hurriedly hired Sabato De Sarno, who was not their first choice, and appointed Group Managing Director Jean-François Palus as the new CEO of Gucci. Palus is no brand-builder or storyteller, but he is the most trusted friend and associate of François-Henri Pinault. Palus was supposed to be interim CEO, but Pinault said at its annual results in February that he was not planning to replace him for now.
That position may not be tenable for long.
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Would they really let him go that early into his contract? Aren’t the contracts signed for a minimum period of three years?
Sabato de Sarno Sernin ?SdSS
I think it’s better if we don’t mention the Pilati name in anything that involves Kering. I wouldn’t be surprised to know that a decade later, the feeling is mutual between the two parties lol.vauthier or pilati for gucci pls.. I think they need to hire someone with a strong vision and not just half ***ed stories about their first gucci coat.
Would they really let him go that early into his contract? Aren’t the contracts signed for a minimum period of three years?
are you saying : him the same position he had with PPP (even if it may be crazy) at Valentino.? with A.Michele now at Valentino ?I think it’s better if we don’t mention the Pilati name in anything that involves Kering. I wouldn’t be surprised to know that a decade later, the feeling is mutual between the two parties lol.
For now we are speculating and it’s all speculations.
At worst, Sabato wasn’t expensive so they can let him go, erase the non-competition agreement and pay him what he is due.
At best, they can offer him the same position he had with PPP (even if it may be crazy) at Valentino.
The problem is that his work has not had time to perform yet. So, all those articles are not based on something substantial that can jeopardize his position.
Given Kering’s involvement with Valentino, I don’t think non-competition agreements questions are relevant here. But I think there will be more clarity next year at the Assemblée Générale.
He was PPP’s number 2 at Valentino. He can be his number 2 at Gucci. It would be a battle of ego but I don’t know if it would be for the better of the studio.are you saying : him the same position he had with PPP (even if it may be crazy) at Valentino.? with A.Michele now at Valentino ?
My ultimate dream for Haider would be to take over Hermes. I know it’s a big house he would work for. He is already friend with Pierre Hardy and the whole Ghesquiere gang. MAS and him worked perfectly at Berluti too.Gucci need a CO-CD or at least a menswear designer. Haider and Pilati are always the best candidates for me but I won't let them design for Gucci because it would be a waste considering Kering is currently a hot mess, Haider will definitely refuse a big house.
He said in a recent interview that he was « ready » and that the duality between his collaboration got Gaultier and the sportswear brand sparked new things for him…Judging by his Instagram he’s having a time of his life, all the parties, travels, dinners. But ofc I’m annoyed we can’t see his talent and current state of mind apart from on Tilda or Timothee…for me he is ultimate menswear designer and I’ve enjoyed his shows every single time, since his debut. Him at Hermes would be a dream but I feel like he doesn’t care about running any fashion house including his own brand. Probably he will stick to some collabs and that’s it. Shame…
I remember back in the day, when Karl made that compliment about him, Anna Della Russo asked him to do Ferre.
At that time, it felt so below him, even more considering that he was put in the « Chanel conversation ». Now, it doesn’t sound that ridiculous as a proposition.
Literally, a match made in heaven.Anna Della Russo asked him to do Ferre.
Is this satire?? Whenever there’s a new post on this thread, I assume its going to be Sabotage’s obituary 😫😫Well I know it will be unpopular opinion but I really like Sarno aesthetics for Gucci…. I need to start to save all the money. And I do like all the campaigns. I respect everybody but I wasn’t Gucci client before and now I definitely am, and a very happy one. So… go Sabato!!!