gucci

The luxury goods industry is preparing for a substantial decline in sales, attributed to China’s subdued demand and challenging comparisons with the sales spike following the COVID-19 pandemic last year. What Happened: Investors are bracing for a sharp fall in sales as luxury brands reveal...

Apparel and footwear giant Nike Inc (NYSE: NKE) is one of the largest public companies to make its presence known in the non-fungible token space. Here’s a look at how Nike is involved and how much money it made. What Happened: A recent report shared on Twitter by Noah Levine shows how much...

High-end luxury fashion brand Gucci announced on Tuesday on Twitter it now accepts payments in ApeCoin (CRYPTO: APE) and will be available for in-store purchases in select stores in the U.S. Now accepting @ApeCoin payments via @BitPay, select Gucci boutiques in the USA expand the range...

Luxury retail brand Gucci has reportedly embraced payments in the form of cryptocurrencies in some stores operated in North America. What Happened: Gucci plans to accept 10 cryptocurrencies, including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH...

High-end luxury fashion brand Gucci launched a collection of NFTs that outfitted existing NFTs in new clothes. Here’s a look at the collection. What Happened: Gucci launched the 10KTF Gucci Grail collection with digital artist Wagmi-san. The NFTs were revealed earlier this week and show...

During his latest YouTube update, crypto analyst Austin Arnold said that this is a good time if you hold on to the Algorand (CRYPTO: ALGO) token, as the DeFi blockchain's foundation recently hired its new CEO Staci Warden.  “She has heavy experience in the traditional finance...

Alibaba Group Holding Ltd (NYSE: BABA) said in a statement Friday that the fashion brand Gucci — owned by Kering SA (OTC: PPRUF) — would be launching two flagship brands on its luxury e-commerce platform. What Happened: Gucci's line would be available on Alibaba’s Tmall...

Its popularity may be declining, but Michael Kors Holdings Ltd (NYSE: KORS) is still far and away the preferred handbag among teens. Thirty percent of female respondents said that Michael Kors is their preferred handbag brand, according to Piper Jaffray's latest "Taking Stock With...

Burberry Group plc (OTC: BURBY), the iconic British fashion brand has largely been left out of the luxury fashion renaissance in the U.S. Notably, it has been Generation Z’s appetite for luxury goods that drove competitors LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMUY) and Gucci owner...

Physical retail is still relevant, although it looks much different than it has in the past, according to one leading sector analyst. The Analyst Forrester Research's Sucharita Kodali discussed the state of retail on CNBC's "Squawk Box." The Thesis Malls anchored by...

The shares of French luxury fashion houses LVMH Moet Hennessy Louis Vuitton SE (OTC: LVMHF) and KERING S A/ADR (OTC: PPRUY) hit all-time highs this week in a resurgence of luxury brands in the retail sector. LVMH noted in its first-quarter report this week that organic growth reached 13...

The film industry is preparing to cap its 2017 awards season with the year’s most anticipated event — the Oscars. And while the celebrated pictures may be eclipsed by highly politicized acceptance speeches and glaring social statements, one standard of the night will not escape its due...

Finish Line Inc (NASDAQ: FINL)'s stock plunged 15 percent on Wednesday, and the decline carried over into Thursday's trading session in reaction to the company's poor third-quarter earnings report. Gadfly's Shelly Banjo hinted that Finish Line's poor results shouldn't necessarily come as a surprise...

Europe's economic turmoil over the past few years may make the continent seem like an unlikely place for luxury brands to thrive. However, the weakened euro is having the opposite effect and drawing in tourists who want to pick up cheap goods at discount prices. This is especially true for Chinese...

Apple Inc. (NASDAQ: AAPL) is rumored to be working on its own automobile, but it could take another route and help other automakers build better vehicles. "One of the things that I think gets glossed over is that a lot of people describe Apple as a 'walled garden,'" Devin...