On the front tonightCoty Posts Q4 Beat; Gucci License Exit Looms
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Gucci sells sneakers labeled Made in China amid sales slump
Gucci is selling Demna’s Drip sneakers labeled Made in China for $980 in the US as brand sales have roughly halved over three years.
Business · 7 sources · Sep 24, 2026Read it
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About Gucci
Gucci officially Guccio Gucci S.p.A. is an Italian luxury fashion house based in Florence, Tuscany. Its product lines include ready-to-wear, footwear, accessories, handbags, and home decoration; and it licenses its name and branding to Coty for fragrance and cosmetics under the name Gucci Beauty.
Everything about Gucci →- Country
- Italy
- Headquarters
- Florence, Italy
- Inception
- 1921
- Website
- https://www.gucci.com/