
These are the tales making headlines in vogue on Wednesday.
How will Kering deal with Gucci’s slowing development trajectory?
Gucci’s development is presently slowing, as numbers from Kering’s first-quarter report final Thursday indicated, spooking shareholders. As Robert Williams experiences for Enterprise of Style, the father or mother firm factors to “excessive publicity to Chinese language customers, and significantly Shanghai, to elucidate the dip.” However with analysts predicting a “widening hole between Gucci and faster-growing rivals,” there’s concern. As a way of bolstering the model’s gross sales, Kering is rolling out extra Gucci shops within the U.S., the place luxurious gross sales proceed to surge. {Enterprise of Style}
Unpacking Abercrombie & Fitch’s laborious pivot
Within the wake of the current Abercrombie & Fitch documentary exposing the corporate’s problematic previous, Alicia Brunker unpacks the retailer’s “laborious pivot” that has introduced it to present-day. “The brand new Abercrombie & Fitch desires to ask everybody to the metaphorical lunch desk. Shedding its imply woman popularity, Abercrombie has ushered in a brand new period of change underneath its present CEO Fran Horowitz,” writes Brunker. However will these efforts be sufficient? {InStyle}
Why is everybody twinning?
Emily Sundberg questions why, “in an period that locations a lot emphasis on unfettered self-expression, some are discovering pleasure in…trying precisely alike” for Elle. Sundberg posits that “sameness is now not a taboo — its a type of bonding,” explaining, “after a interval of not with the ability to attain out and contact one another, now we’re only a shared hyperlink away from embracing in matching garments.” {Elle}
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