Kering Eyewear’s Post

👓💫 As a leading male model for iconic brands like YSL and Maison Margiela in recent years, the importance of eyewear as a key element of facial accessorizing cannot be overstated. Have you noticed how glasses can transform a look, adding depth and character to the overall presentation? Let's discuss the vital role of eyewear in fashion and how it complements the unique features of a face. Yves Saint Laurent Beauty #ModelStyle #Eyewear #Fashion #YSL #MaisonMargiela #FashionStatement

Elevating Menswear with Eyewear: Frederic Bittner’s Timeless Tribute to Yves Saint Laurent Beauty  In fashion, the smallest details often make the biggest impact.  German model Frederic Bittner opened the show in a gray flannel double-breasted suit, white shirt, and dark tie. The addition of eyewear completed this homage to the 1970s YSL look, accentuating Bittner's features and adding intellectual charm and historical accuracy.  The choice of eyewear in this context was far from incidental. Glasses have the power to transform an outfit, offering a blend of functionality and style. 💼 What do you think about the role of eyewear in modern fashion? Share your thoughts in the comments below! #Fashion #Trends #Eyewear #Innovation #apparel

On Tuesday, Kering warned investors its sales were down 10 percent this quarter, mostly due to a 20 percent drop at flagship label Gucci, which accounts for more than half of the French group’s revenues and about two-thirds of its operating profit. In recent calls and presentations, Kering had prepared markets for another lacklustre year as it works to give its brands a more timeless, upmarket positioning. But Gucci’s sales performance was far worse than expected: most analysts had forecast revenues would decline by around 4 percent this quarter, with the most pessimistic among them projecting a 10 percent drop. On Wednesday, Kering shares plunged 12 percent in Paris trading, wiping €6.3 billion off the company’s market value. With sales in free fall, Gucci and Kering face mounting concern about whether the company can execute on a long-awaited turnaround at the Italian megabrand. Read the full story below by BoF's Robert Williams.

Are Gucci Shoes Worth the Hype? Our Honest Review Discover if Gucci shoes live up to their luxury reputation. We explore the brand's iconic designs, materials, and their place in the world of fashion. Find out if investing in Gucci is truly worth it in this honest review. #GucciShoes #FashionReview #LuxuryBrand #DesignerFootwear #FashionInnovation #StyleIcons #GucciFashion #FashionTrends #LuxuryFashion #FashionInvestment

OGI Eyewear featured in Eyestylist.com Magazine's latest trend update highlighting multicolored frames. Stay ahead of the fashion curve with our vibrant eyewear designs! Check out the Eyestylist article for more: https://lnkd.in/edv3UM47 #OGIEyewear #EyestylistMagazine #MulticoloredEyewear #FashionTrends

Why Are Eyewear So Expensive? Think Fashion and Face Jewelry A vertically integrated (publicly traded) Italian company called Luxottica (renamed Essilor-Luxottica) has a chokehold on the eyewear industry (controlling over 80% of the major eyewear brands) including manufacturing, retail and eye care insurance. It also owns Ray Ban and Oakley. In addition, it has a portfolio of more than 150 renowned fashion brands. The average gross profit margin on the manufacturing of its eyewear is a staggering 82 percent vs. the median gross profit margin earned by its very few competitors at approximately 61 percent or 2.9 times the cost of goods. While the price of fashion-branded eyewear may be substantial, consumers often perceive it as an investment in quality, style, and the overall brand experience. The combination of craftsmanship, materials, design, and brand image contributes to the premium pricing strategy adopted by luxury fashion eyewear brands. In the end, it comes down to what customers are willing to pay for fashion/luxury brands.

Prada & Miu Miu sales jump as the Italian group saw strong demand for their trending products. Net revenue rose 17% at constant exchange rates to €4.73 billion ($5.15 billion) last year, the fashion group said Thursday. Analysts had expected €4.67 billion. In the fourth quarter, Prada was the “hottest” name on the Lyst index, with Miu Miu at No. 2. Prada’s brushed leather loafers, which sell for €930, were among the most searched-for products, Lyst said. Although smaller, Miu Miu has been popular with shoppers who view it as a trend-setter, especially their recent pumps. Looking to 2024, Chief Executive Officer Andrea Guerra said the fashion house is mindful of “persisting macro and geopolitical uncertainties,” but still intends to deliver above-market growth. #fashion #news #Prada #miumiu #luxury

Unlock the secrets behind Gucci’s luxury fashion trends and pricing strategies with our latest blog: "Web Scraping Gucci: Decoding Luxury Fashion Trends and Pricing Strategies in Women’s Clothing." 👗✨ Explore how Gucci balances exclusivity with market demand, leveraging data insights to stay ahead in the luxury fashion segment. From in-depth pricing analysis to product distribution, this blog dives deep into how web scraping helps decode the luxury landscape. Read more here - https://lnkd.in/gR2HYyfQ #LuxuryFashion #DataAnalytics #WebScraping #FashionTrends #Gucci #PricingStrategies #Ecommerce

Kering Group faced weak first-quarter results as Gucci experienced an 18% drop in revenue. However, Gucci’s high brand relevance in Shanghai in RTG Consulting Group’s Brand Relevance Report 2024 and the success of its Ancora collection on Chinese social media indicate strong popularity for the brand in China. With Kering confirming that Gucci’s revenue decline is primarily attributed to a decrease in leather goods rather than their ready-to-wear collection, adapting their strategy to the evolving Chinese consumer market could be key to revitalising Gucci’s performance in 2024. https://lnkd.in/g7wT_DrV

Saint Laurent along with other Kering brands are under pressure. Kering’s results showed revenue down for all brands in 2023; Gucci down 6%, Bottega Venetta down 5%, Saint Laurent down 4% and Kering’s total operating profits fell 4%. Kering’s “other houses”, which include brands like Alexander McQueen and the scandal-hit Balenciaga, saw turnover fall by 9% and its profits crash by 62%. Saint Laurent’s fashion show in Paris last week had a lot of visible breasts and pantyhose. Vaccarello stated “I’d rather people loved it or hated it rather than feel nothing at all.” Profits were down in 2023 to £843 million from £886 million. The big driver of profits is from its bags which grew from very little to now represent 75% of turnover. Can it grow further? Will the brand be able to return to growth in 2024?