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Kering· Business · 7 sources · Sep 24, 2026Story

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· Sep 24, 2026

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Maya Lindstrom·Sep 24, 2026Top commentGucci moving some production to China for technical reasons could help with pricing, but it might undermine what makes the brand feel exclusive.

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Kering· Business · 9 sources · Aug 19, 2026Story

Coty Posts Q4 Beat; Gucci License Exit Looms

Coty posted a modest Q4 revenue rise and stronger cash flow as it monetizes non-core assets and exits the Gucci Beauty license, while outlining FY27 as a transition year under its Coty.Curated portfolio simplification and ongoing cost discipline. The company also appointed Soraya Benchikh as CFO as part of a broader organizational refresh and signaled potential divestitures of brands like CoverGirl or Rimmel to fund debt reduction and reinvestment in core brands amid continued beauty demand headwinds.

Business· Aug 19, 2026

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