Will the US-EU Tariff Worsen the Luxury Slowdown?
Gucci Top 100
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Founded in 1921, Gucci was known for its Italian-made luggage and leather goods until it was reinvigorated by designer Tom Ford during the 1990s. Under the stewardship of its current creative director, Alessandro Michele, the label is now best known for its eclectic styling, historic references, and freewheeling approach to gender fluidity, and has become one of the world’s most lucrative — and widely imitated — luxury houses.
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The 15% duty on US-bound goods fuels the already uncertain landscape for houses like Louis Vuitton, Gucci, Chanel, and Hermes.
Including men’s and women’s apparel, as well as a selection of accesories.
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The Florentine house’s designers will craft the forthcoming collection ahead of Demna’s eventual debut as Creative Director.
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Kering reported that its revenue fell by 14% first quarter of 2025, echoing slowed growth reported by LVMH earlier in the week.
The brand will also release an Assouline coffee table book alongside the curated project.
Miu Miu narrowly holds onto number one while Burberry makes a surprise entrance into the top five.
Dedicated to the long-lasting legacy of the 1947 Bamboo Bag.
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Analysts called Demna a “risky pick for much larger label Gucci with its reputation for timeless elegance.”
