KERING Group Goes After VALENTINO! What Does This Mean for GUCCI? 🤔
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- Опубліковано 28 сер 2024
- Is Gucci old news?! The fact is, the Gucci brand owned by Kering, has been struggling these recent years. Will Gucci make a comeback? Or will this move towards Valentino dictate the fate of Gucci in the future? I dissect what's happening in the luxury fashion world under the mega conglomerate, Kering Group. I hope you'll find this to be an interesting video. Be sure to share your comments below! xx
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#gucci #valentino
Be sure to watch until the end of the video! There’s a funny clip and I’d love your reactions to it! 😉
I only own two Gucci items, but I’ll continue to wear them. I bought them because I liked them and not because they were “in”.
Absolutely! I still love my Gucci loafers, my sunglasses and my little horsebit bag! 😊
1st, this was informative and hilarious❤ Funny enough I bought SO much Gucci this year. A dress, jeans, sweater vest, chunk loafers and riding boots🙇🏽♀️ Oh and a preloved piece from Fashionphile. 🎉Gucci is not going anywhere. For sure they go in and out of style but I think here to stay💪🏼
Glad you enjoyed the video and even happier that it made you chuckle! 😂
I think the biggest problem of the Kering group now is Balenciaga, whose image has been destroyed by unthinkable advertising campaigns.
With Gucci, after the too excessive revolution by Alessandro Michele, they want to return to the elegance of the past, to the timeless classic that this brand had.
Valentino serves to restore a tone to the whole group. A new direction that the group wants to take
Agree. I won’t purchase anything from their portfolio of brands , including YSL, which I used to love.
I was never into Gucci but recently feel more interested in their items, and I just bought a pair of loafers (great quality) their customer service was impeccable and currently I'm eyeing the Jackie bag
Their loafers are so good! 👍
I had a Jackie bag. I hated it. Defffff try on first don’t just order it like I did.
@@emnewmark2106 oh! Why didn't you like it?
Very interesting video! I personally see Gucci as timeless and more accessible to the masses. I was looking at their web site today in fact. I think of Valentino as more high society, red carpet & red formal dresses, but I haven’t been paying any attention to them so maybe they’ve expanded their collection. I have yet to see any of the influences I follow presenting Valentino bags, but Gucci absolutely. I think it’s interesting that the top two brands: Hermes & Chanel are privately owned and have both been family controlled for a very long time.
Absolutely terrific report and you are spot-on in your opinion.
😁
If Gucci could afford to bring back Tom Ford…..
Same could be said of LV in terms of being played out. I still love Gucci and my Ophidia print tote and camera bag. My favorite Gucci era though - Tom Ford of course. This will be interesting to watch!
Yup!! Did you see the clip with the woman wearing the LV Pochette Métis? It might give you a good laugh. 😂
Still Love them! Gaudy and all!
😂 🙌
I fell in love with designer luxury goods when Tom Ford was at the helm of Gucci. And Gucci was my go-to brand. I worked in a very conservative field at the time, and would never wear anything with printed logos on it (like I do with the LV monogram today). I haven't loved hard on Gucci since TF left, but I have shopped there. It just lost that dark, sexy ascetic it had. But, id be very sad if Keuring gave up on Gucci in favor if Valentino. And frankly, I dont see that happening.
One thing that concerns me even more that you didnt mention is that for the first time in so long, LV exhibited no growth last quarter for the first time like ever, which I believe is due to the continued crap turned out by its menswear line, by their refusal to contuing tolling out new and innovative monogram styles, and their ridiculous and too iftrn price increases. I think they pushed their customers too far and last quarter, LV customers pushed back. They cant increase prices three times in a year and rekease thousands of handbags shaped like ugly pumpkins and expect their longtime, loyal clientele to stand for it. I'm worried for the furure of LV. I think they may have just pushed too far.
Oddly enough I'm more in love with Gucci than I've ever been! I'm loving their 70s glamorous vibe, and yet everything can be worn in a casual way. I don't hate Valentino, but I've never wanted to buy anything either. That's just me 😊Oooh I had no idea Prada was independent!
Great video, so informative, you always make good points. Love the ending 😂( cute bag)
Hehe glad you caught the ending! 😉
Hmmm actually got me thinking...
I would more so invest in a brand that stands on there own and works it's way up still being independent. Don't know what brand yet so I'll do my homework.
I have quite a safe, classic style and own two Gucci bags that I adore. I enjoy Gucci’s mix of classic and fun. Great video! I’m really curious to know how Balenciaga’s bottom line is looking. Any idea?
I’ve been a Gucci lover since I was a teenager in fact I preferred Gucci over Louis Vuitton back then & I’m still a fan of Gucci will I say I’m a fan more versus other brands no but I’m still a lover of Gucci!
Me too!! Gucci was my first luxury brand of choice and I always gravitated towards it wayyy before LV!
I still love Gucci and appreciate it for its heritage and creativity under Michele. I understand the business behind consolidation but it is a little sad to feel like brand independence is diminishing under these large umbrella corps.
Lol I like the woman who said there are a lot of Gucci knock-offs while wearing an LV bag, as if there were no fakes of that. Probably even more than GG! 🤣
I find that Gucci items were getting more and more wacky. A "regular person" will find it difficult to buy a piece that would actually work within their wardrobe. There are also all the re-issued styles you can find preloved for a fraction of the price. And maybe people having second thoughts about buying from Kering after the Balenciaga disaster. At least some Valentino items just have the stud detailing, instead of a massive logo. It will be an advantage to have a more low-key brand under their umbrella to contrast with the huge GGs and YSLs.
I appreciate Gucci for having silver jewellery, which is more accessible and not many designer brands do.
I think in general Kering brands will always be seen as "lower tier" to LVMH. 😕
Funny right? I thought it was ironic too! And I agree, Gucci became a bit too wild and outlandish for many customers under Alessandro Michele. It’ll be interesting to see the new debut collection from De Sarno!
Great video. I do think that Gucci in a way has become played out however, in the era of everything circling back in fashion I'm personally drawing near to my Gucci handbags etc.. It's kind of like vintage statement pieces if you will, imo. I think once this quiet luxury phase ends, perhaps we'll see the flashy, throw back, vintage like style of Gucci b/c everything pretty much repeats itself. B/c luxury handbags/goods are crazy expensive, the market has essentially pushed out a certain tier of customers forcing them to buy either second hand or shop mid-range/contemporary brands. If Gucci is smart they will recognize this and make a comeback. Sorry so long, lol.
I agree, fashion ebbs and flows and what’s in will be out and around and around it goes! I’m with you on the Gucci vintage vibe. Lot a little hint of Gucci here and there!
Also let’s not forget the reputational hit that Kering took with the B scandal. I’m not shocked they are trying to position another brand in their portfolio. Versace is now owned by Tapestry too. I agree it’s boring and turns everything into sameness. LVMH for sure is behind the cost cutting measure of discontinuing the OG Loewe Puzzle and I have to believe if the brand was independent that wouldn’t happen. The homogenization of brands is boring for sure. As for Gucci, my sense is it’s a phase aligned with the rise of quiet luxury but might pass so 🤷🏻♀️
I was a big fan when Tom Ford was there not so much since he left.
I used to like Gucci, but in the last few years, it has become too gaudy, and it seems to be attracting a very different type of customers.
I think that’s primarily why Alessandro Michele was exited from the brand. It’ll be interesting to see what De Sarno does!
The most important thing about so many brands and so few owners is that there is little real price competition. All the brands under one umbrella raise their prices.
Gucci? I occasionally like something, but mostly don’t interest me.
I never bought a thing from Gucci. Even from a decade ago when I hadn’t developed my personal style, Gucci looked tacky to me. Still feeling the same today, I am never tempted by any of its product. The only thing I have a little bit of interest is the Jackie bag but I do not want to buy it. Just admire it from afar.
To me, Gucci is the high street H&M. I am even more turned away by the Mainland Chinese wearing Gucci from head to toe I see everyday in HK. Even during the hype of Gucci sneakers, I really couldn’t see the beauty in it. I knew it would date very soon. I knew one day no one on street would wear Gucci sneakers anymore. This is exactly how a hot seasonal item in fast fashion works and dies.
On the other hand, the Alexander McQueen sneaker is so much more elegant and classy in my eyes. Even at its price point, I would consider buying a pair coz it will not go dated.
In recent years, Celine was growing on me. However, the recent big logo Triomphe is turning me away. Loewe is now growing on me, the hammock, flamenco and gate bags are so nice. Fendi is always nice. It’s elegant and low key but a bit pricey. While LV products are less interesting to me, I definitely think LVMH group is doing better these days in designs.
The only brand I like in Kering group is YSL. It has amazing quality, timeless design at an (comparatively) affordable price.
Valentino is on the way to becoming more tacky. Who still likes the rockstuds but the brand has not come up with any good new designs.
Agree wholeheartedly. I am also a YSL fan but won’t purchase anything from Kering since The Balenciaga child exploitation was exposed.
This just goes to show we all have different tastes and preferences!! It’ll be so interesting to see how the crowd reactions to De Sarno’s debut collection at Gucci. I agree the brand got pretty wild and outlandish (aka tacky) but it wasn’t always that way. We shall see! 😂
I don’t like the Ready to wear or the Gucci bags. However, I am a huge fan of their loafers. I just bought another pair. Gucci has the best loafers 👞
Love their loafers!!
Thanks great video. I have a few Gucci bags in fact I am using one now. Gucci seems to be some what affordable as far as luxury goes. The logo can be really loud, maybe if they downsized the logo sales would go up. I know sales are down in general, I just got an email that Fashionphile is going to be open on Saturday in Carlsbad. They are making many changes to increase business. Survival is what some businesses are trying to do, the west coast is a real mess. Go Gucci!
Go Gucci! 👏
I enjoy my Gucci, loafers and sunglasses. I have one Gucci pouch and key holder in the Ophidia print. Overall the brand’s ready to wear and handbags don’t really appeal to me. It’s just a little too loud for me.
Wow! I just learned soooooo much!
I have 1 Gucci n I could live without it… I’d sell it and most of my LV to get one or two Hermes at this point.
I’m so glad you learned something from this video!! 😉
I like the Nana chic and 70s vibe Gucci has today. The little bamboo handle 1947 is super cute, they have a great WOC but need more colours, the mini horsebit 1955 is one of my most used bags. Greed of profits has taken over styling in all luxury Houses today. It’s all about what will sell rather than what is different. They’ll all be owned by just two families in 20yrs time. 😔
Gucci was great in the era of loud luxury where logos were big. Now that the trend has shifted to little to no branding, I feel like Gucci has really fallen down. They just have a very logo-heavy aesthetic. Not always the worst thing ever, but it definitely makes sales a bit harder when the trend is away from flashy logos.
Good point. Many customers are feeling logo fatigue at the moment.
Not into Gucci bags but love the RTW my lady. 😍😘😘😘Sandy
Oh I’ve never ventured into their RTW but my friend has some amazing dresses from them!
The new collection should be interesting under the new creative director!
Yes I’m eager to see what he does!
Gucci is something overrated brand bc of a lot of fakes.
I personally don’t have any desire to shop in Gucci.
Me too! Never liked and will never shop in Gucci.
I still like Gucci, I think their shoes are the most comfortable and best quality over the years, except when my client advisor included me in a Gucci sale at her store. I guess I felt like that lowered the value of the brand.
I so enjoyed this video. That's why they put money into Valentino. It's got to be. I love Gucci! I love LV more. So when I want a bag, LV is the brand that comes to my mind first.
So glad you enjoyed it!
Have three Gucci items and I love them all. The quality is impeccable on those items and they are all unique. I’ll continue to use them regardless.
Ditto!!
I still love my Gucci too. 😂
😉
Great video! I think all brands will have their downfall moments but won’t go out of style Gucci is a classic just like LV, Hermes, Prada, etc…its funny the girl said “Gucci has too many knock offs” LOL ummm so does LV and she’s wearing a Pochette Métis…there are tons of knock offs on LV and all Fashion House knock offs unfortunately. But just like some here, I don’t go w/trend I go with what I love and enjoy UNAPOLOGETICALLY 😊 And so should everyone else, not their money, its yours enjoy it how you want and what makes you happy. But def great video nice to see where these fashion houses are headed. Thank you!
💯!! I’m glad you caught the irony of the woman with the LV Pochette Métis! 😂 We all need to buy, wear, and enjoy whatever we each like! ❤
I'll forever love Gucci and be a forever die hard fan. Gucci will never go out of style and forever be an it thing for me at least. Gucci gang gang
🙌
That segway though 😂
Thank you for breaking this information down for plebeian ears like my own 😂
From my plebeian mouth to your plebeian ears! 😂
There is a huge disparity between Gucci’s price point and products.
Just like on the stock market, designer brands will have their ups and downs. No one can predict what's going to happen with any given brand next in terms of its success. The owners can only try so hard. But there will always be flops, there will be mass cancellations like with Balensiaga and Adidas collab, and there will always be a lack of public's interest. While I am sad that Alessandro Michele was let go, I think it was the right decision. I just hope it doesn't turn into another Tom Ford type era with boring silhouettes (just my opinion). I've been liking what they were doing so far since Michele's departure. As for Valentino... never been a fan. Yes, they make amazing dresses for celebrities to wear to the red carpet, but their stuff for the public is meh. The studs are overused, the lacquered leather makes me gag, and the fact that there is another Valentino (not Valentino Garavani) out there and people be buying it at Nordstrom Rack thinking that's the real deal, gives me an ick for some reason. Bottom line - I am not buying Valentino, but I am interested in seeing what De Sarno will create at Gucci. I wish him luck.
Gucci is staying, Tom Ford, Alessandro and now Sabato, it has a place in history
Are u still enjoying your Gucci mini horse bit handbag?
YES!
I still like my Gucci items and enjoy their more classic items.
Yes! Keep enjoying what you have! ❤
I used to buy Gucci in the 80’s and 90’s but not interested in it anymore
It's all becoming "meh." Right now I am only interested in adding quality pieces with timeless aesthetic to my collection regardless of label.
This reminds me of the Emoji movie with the “meh” emoji! 🫤 😂 I hear you. It’s quality over quantity at the end of the day.
It hurts my heart to think Gucci may not be as popular as it once was. My very first luxury bag was a Gucci bag. I begged my parents in high school to the point they cracked, and my Mom bought it for me. I have had a love affair with Gucci ever since, although I own plenty of other designer handbags. Let's just say it remains forever close to my heart. I think Gucci is timeless. And, by the way, their small leather goods are awesome. Many of my wallets (especially full-size) are Gucci. They look like the day I bought them, and they are used daily. Very good quality for the price.
Aw my first designer bag was Gucci also! Our first “luxury love.”
444 people are subscribed to your channel, happy number
tax write off, if not the irs takes it anyway. also is an italian fashion brand
I don't own anything from Gucci or any brands of Kering.
Fun fact the owner of the Kering group is Salma Hayeks husband
Truth ✔️
Yes definitely takes the ‘special’ feeling of owning a handbag. It no longer feels exclusive when you ultimately know that your purchase is going towards making an individual/family wealthy. It also means that their employees are being underpaid and/or overworked to meet numbers. It’s why i no longer have a prime membership with Amazon and avoid buying through them as much as possible. Bezos should pay and threat his employees better (ie letting them have bathroom breaks). Yes, it means less productivity from said worker and therefore less money for his bottom line. But it also means they are treated like human beings.
Right, it’s like a huge machine!! These very large corporations often feel cold and less personal. Companies need to realize that their workers are the engine and the backbone of their businesses.
He was wearing a very loud and obnoxious medusa head suit. I think he primed the answers.
😂😂😂
Nah, my personal opinion is Kerring is hedging their bets and diversifying their portfolio so as not to have all their eggs in one basket (i.e. Gucci).
Agree - I guess we just said it differently. I think they’ve been banking on Gucci for years and they’re looking to broaden especially as Gucci sales have been slowing down.
I love gucci compared to valentino, valentino is very boring, i like gucci monogram. I like mario valentino or valentina brands, more than valentino
I have to say, I’ve always been drawn to Gucci more than Valentino as well.
Gucci has always been gaudy, crass and a little vulgar. Not a fan.
Not always but I agree in more recent years, yes. 😂