Tuesday, December 16, 2014

Everything You Need To Know About The Shakeup At Gucci

Creative director Frida Giannini and CEO Patrizio di Marco are leaving Gucci after declining sales. How did the brand lose its edge?

Gucci Group announced on Friday that its top two executives—creative director Frida Giannini and Chief Executive Patrizio di Marco—will be leaving the company early next year. The change in management comes after a period of declining sales as the pair struggled to revitalize the 93-year-old Florentine fashion house amid growing competition.

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