{"id":1353,"date":"2022-11-25T15:12:31","date_gmt":"2022-11-25T15:12:31","guid":{"rendered":"https:\/\/jojosdiary.com\/?p=1353"},"modified":"2022-11-25T15:12:35","modified_gmt":"2022-11-25T15:12:35","slug":"fashion-finance-in-focus-gucci","status":"publish","type":"post","link":"https:\/\/jojosdiary.com\/?p=1353","title":{"rendered":"FASHION FINANCE IN FOCUS: GUCCI"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1242\" height=\"1543\" src=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0094.jpg?resize=1242%2C1543&#038;ssl=1\" alt=\"\" class=\"wp-image-1355\" srcset=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0094.jpg?w=1242&amp;ssl=1 1242w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0094.jpg?resize=300%2C373&amp;ssl=1 300w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0094.jpg?resize=1236%2C1536&amp;ssl=1 1236w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0094.jpg?resize=800%2C994&amp;ssl=1 800w\" sizes=\"auto, (max-width: 1242px) 100vw, 1242px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1242\" height=\"1547\" src=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0097.jpg?resize=1242%2C1547&#038;ssl=1\" alt=\"\" class=\"wp-image-1358\" srcset=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0097.jpg?w=1242&amp;ssl=1 1242w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0097.jpg?resize=300%2C374&amp;ssl=1 300w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0097.jpg?resize=1233%2C1536&amp;ssl=1 1233w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0097.jpg?resize=800%2C996&amp;ssl=1 800w\" sizes=\"auto, (max-width: 1242px) 100vw, 1242px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1242\" height=\"1540\" src=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0093.jpg?resize=1242%2C1540&#038;ssl=1\" alt=\"\" class=\"wp-image-1354\" srcset=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0093.jpg?w=1242&amp;ssl=1 1242w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0093.jpg?resize=300%2C372&amp;ssl=1 300w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0093.jpg?resize=1239%2C1536&amp;ssl=1 1239w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/IMG_0093.jpg?resize=800%2C992&amp;ssl=1 800w\" sizes=\"auto, (max-width: 1242px) 100vw, 1242px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Wednesday saw the departure of <strong>Gucci\u2019s Creative Director Alessandro Michele<\/strong>, with an un-named successor, creating a vacuum at the helm of the fashion house.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Michele has headed the creative direction of the brand since 2015, but has been at the fashion house since 2002. Prior to Gucci, he worked in accessories at Fendi, joining Tom Ford in Gucci, working in accessories from 2002.\u00a0<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1440\" height=\"900\" src=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-15.06.15.png?resize=1440%2C900&#038;ssl=1\" alt=\"\" class=\"wp-image-1360\" srcset=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-15.06.15.png?resize=1440%2C900&amp;ssl=1 1440w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-15.06.15.png?resize=300%2C188&amp;ssl=1 300w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-15.06.15.png?resize=1536%2C960&amp;ssl=1 1536w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-15.06.15.png?resize=800%2C500&amp;ssl=1 800w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-15.06.15.png?w=1664&amp;ssl=1 1664w\" sizes=\"auto, (max-width: 1440px) 100vw, 1440px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\">He transformed Gucci into a modern front-runner, leading in luxury fashion\u2019s discussions surrounding gender and race. Under his direction, Gucci adopted a gender-fluid approach, with Gucci men\u2019s-and-women\u2019s collections being presented together since 2017. His electric touch created colourful, creative collections which captivated loyal fanatics.\u00a0<\/p>\n\n\n<div class=\"shopthepost-widget\" data-widget-id=\"4895769\">\r\n                <script type=\"text\/javascript\" language=\"javascript\">\r\n                    !function(d,s,id){\r\n                        var e, p = \/^http:\/.test(d.location) ? 'http' : 'https';\r\n                        if(!d.getElementById(id)) {\r\n                            e     = d.createElement(s);\r\n                            e.id  = id;\r\n                            e.src = p + ':\/\/widgets.rewardstyle.com\/js\/shopthepost.js';\r\n                            d.body.appendChild(e);\r\n                        }\r\n                        if(typeof window.__stp === 'object') if(d.readyState === 'complete') {\r\n                            window.__stp.init();\r\n                        }\r\n                    }(document, 'script', 'shopthepost-script');\r\n                <\/script>\r\n                <div class=\"rs-adblock\">\r\n                    <img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/assets.rewardstyle.com\/images\/search\/350.gif?w=1440\" style=\"width:15px;height:15px;\" onerror=\"this.parentNode.innerHTML='Turn off your ad blocker to view content'\" \/>\r\n                    <noscript>Turn on your JavaScript to view content<\/noscript>\r\n                <\/div>\r\n            <\/div>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>ICONIC PIECES\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One of Michele\u2019s iconic pieces, which will outlive his tenure, include the furry-lined Gucci loafers. Loved by bankers, you know you\u2019ve completed a milestone when you buy your first \u201cDeal Sleds\u201d.\u00a0<\/p>\n\n\n<div class=\"shopthepost-widget\" data-widget-id=\"4895771\">\r\n                <script type=\"text\/javascript\" language=\"javascript\">\r\n                    !function(d,s,id){\r\n                        var e, p = \/^http:\/.test(d.location) ? 'http' : 'https';\r\n                        if(!d.getElementById(id)) {\r\n                            e     = d.createElement(s);\r\n                            e.id  = id;\r\n                            e.src = p + ':\/\/widgets.rewardstyle.com\/js\/shopthepost.js';\r\n                            d.body.appendChild(e);\r\n                        }\r\n                        if(typeof window.__stp === 'object') if(d.readyState === 'complete') {\r\n                            window.__stp.init();\r\n                        }\r\n                    }(document, 'script', 'shopthepost-script');\r\n                <\/script>\r\n                <div class=\"rs-adblock\">\r\n                    <img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/assets.rewardstyle.com\/images\/search\/350.gif?w=1440\" style=\"width:15px;height:15px;\" onerror=\"this.parentNode.innerHTML='Turn off your ad blocker to view content'\" \/>\r\n                    <noscript>Turn on your JavaScript to view content<\/noscript>\r\n                <\/div>\r\n            <\/div>\n\n\n<div class=\"shopthepost-widget\" data-widget-id=\"4895773\">\r\n                <script type=\"text\/javascript\" language=\"javascript\">\r\n                    !function(d,s,id){\r\n                        var e, p = \/^http:\/.test(d.location) ? 'http' : 'https';\r\n                        if(!d.getElementById(id)) {\r\n                            e     = d.createElement(s);\r\n                            e.id  = id;\r\n                            e.src = p + ':\/\/widgets.rewardstyle.com\/js\/shopthepost.js';\r\n                            d.body.appendChild(e);\r\n                        }\r\n                        if(typeof window.__stp === 'object') if(d.readyState === 'complete') {\r\n                            window.__stp.init();\r\n                        }\r\n                    }(document, 'script', 'shopthepost-script');\r\n                <\/script>\r\n                <div class=\"rs-adblock\">\r\n                    <img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/assets.rewardstyle.com\/images\/search\/350.gif?w=1440\" style=\"width:15px;height:15px;\" onerror=\"this.parentNode.innerHTML='Turn off your ad blocker to view content'\" \/>\r\n                    <noscript>Turn on your JavaScript to view content<\/noscript>\r\n                <\/div>\r\n            <\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Michele also introduced the now ubiquitous double-GG logo which adorns belts and bags. I remember purchasing my Gucci belt back in 2018 after my internship as a little gift for myself, and wearing it to death since.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1414\" height=\"1140\" src=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-13.43.26.png?resize=1414%2C1140&#038;ssl=1\" alt=\"\" class=\"wp-image-1359\" srcset=\"https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-13.43.26.png?w=1414&amp;ssl=1 1414w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-13.43.26.png?resize=300%2C242&amp;ssl=1 300w, https:\/\/i0.wp.com\/jojosdiary.com\/wp-content\/uploads\/2022\/11\/Screenshot-2022-11-25-at-13.43.26.png?resize=800%2C645&amp;ssl=1 800w\" sizes=\"auto, (max-width: 1414px) 100vw, 1414px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>NEW LOAFERS TO BE FILLED<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, in recent years, Kerring has lagged rivals LVMH, Hermes and Richemont. This is despite efforts to revive its flagship brand Gucci, which accounts for 2\/3 of the conglomerate\u2019s profits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Harry Styles was named Gucci ambassador in 2017, the brand has reduced fashion shows to portray a greater image of exclusivity, and the fashion house has had \u201cunexpected\u201d collaborations with brands like Adidas. It has expanded into the metaverse, and dabbled in cuisine, but despite this, Gucci has lost its magical touch.\u00a0<\/p>\n\n\n<div class=\"shopthepost-widget\" data-widget-id=\"4895770\">\r\n                <script type=\"text\/javascript\" language=\"javascript\">\r\n                    !function(d,s,id){\r\n                        var e, p = \/^http:\/.test(d.location) ? 'http' : 'https';\r\n                        if(!d.getElementById(id)) {\r\n                            e     = d.createElement(s);\r\n                            e.id  = id;\r\n                            e.src = p + ':\/\/widgets.rewardstyle.com\/js\/shopthepost.js';\r\n                            d.body.appendChild(e);\r\n                        }\r\n                        if(typeof window.__stp === 'object') if(d.readyState === 'complete') {\r\n                            window.__stp.init();\r\n                        }\r\n                    }(document, 'script', 'shopthepost-script');\r\n                <\/script>\r\n                <div class=\"rs-adblock\">\r\n                    <img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/assets.rewardstyle.com\/images\/search\/350.gif?w=1440\" style=\"width:15px;height:15px;\" onerror=\"this.parentNode.innerHTML='Turn off your ad blocker to view content'\" \/>\r\n                    <noscript>Turn on your JavaScript to view content<\/noscript>\r\n                <\/div>\r\n            <\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Gucci has struggled to keep a chokehold of China\u2019s market. Prior to Cvd, China was Gucci\u2019s main market, but increasingly it seems that the brand is losing its appeal, whilst other competitors are growing in significance in the Far East. Gucci\u2019s Golden Glitter is gathering dust.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It wouldn\u2019t be wrong to say that Michele propelled the fashion house into a thought-provoking industry leader, and ignited artistic touches to traditional pieces, but to remain new and exciting, a new direction and touch is needed. Change is welcomed, without negating the innovative impact Michele has had. \u00a0<\/p>\n\n\n<div class=\"shopthepost-widget\" data-widget-id=\"4895774\">\r\n                <script type=\"text\/javascript\" language=\"javascript\">\r\n                    !function(d,s,id){\r\n                        var e, p = \/^http:\/.test(d.location) ? 'http' : 'https';\r\n                        if(!d.getElementById(id)) {\r\n                            e     = d.createElement(s);\r\n                            e.id  = id;\r\n                            e.src = p + ':\/\/widgets.rewardstyle.com\/js\/shopthepost.js';\r\n                            d.body.appendChild(e);\r\n                        }\r\n                        if(typeof window.__stp === 'object') if(d.readyState === 'complete') {\r\n                            window.__stp.init();\r\n                        }\r\n                    }(document, 'script', 'shopthepost-script');\r\n                <\/script>\r\n                <div class=\"rs-adblock\">\r\n                    <img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/assets.rewardstyle.com\/images\/search\/350.gif?w=1440\" style=\"width:15px;height:15px;\" onerror=\"this.parentNode.innerHTML='Turn off your ad blocker to view content'\" \/>\r\n                    <noscript>Turn on your JavaScript to view content<\/noscript>\r\n                <\/div>\r\n            <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><br>What\u2019s next for Kerring? What\u2019s next for Gucci? What are your thoughts on this announcement?\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let me know! Lots of love, Jo xoxo&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">PS. Post uses affiliate links<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">PPS. This is not investment advice. This is the author\u2019s independent opinion.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday saw the departure of Gucci\u2019s Creative Director Alessandro Michele, with an un-named successor, creating a vacuum at the helm of the fashion house.\u00a0 Michele has headed the creative direction of the brand since 2015,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[6],"tags":[459,461,457,460,458],"class_list":["post-1353","post","type-post","status-publish","format-standard","hentry","category-fashion","tag-alessandro-michele","tag-finance","tag-gucci","tag-harry-styles","tag-marmont"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/jojosdiary.com\/index.php?rest_route=\/wp\/v2\/posts\/1353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jojosdiary.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jojosdiary.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jojosdiary.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jojosdiary.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1353"}],"version-history":[{"count":2,"href":"https:\/\/jojosdiary.com\/index.php?rest_route=\/wp\/v2\/posts\/1353\/revisions"}],"predecessor-version":[{"id":1363,"href":"https:\/\/jojosdiary.com\/index.php?rest_route=\/wp\/v2\/posts\/1353\/revisions\/1363"}],"wp:attachment":[{"href":"https:\/\/jojosdiary.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jojosdiary.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jojosdiary.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}