Must Read: Kering Navigates Gucci’s Slow-Down, Unpacking Abercrombie & Fitch’s ‘Hard Pivot’

Photo: Christopher Jue/Getty Images These are the stories making headlines in fashion on Wednesday. How will Kering handle Gucci’s slowing growth trajectory? Gucci’s growth is currently slowing, as numbers from Kering’s first-quarter report last Thursday indicated, spooking shareholders. As Robert Williams reports for Business of Fashion, the parent company points to “high exposure to Chinese consumers, and particularly Shanghai, to explain the dip.” But with analysts predicting a “widening gap between Gucci and faster-growing rivals,” there is concern. As a means of bolstering the brand’s sales, Kering is rolling out more Gucci stores in the U.S., where luxury sales continue… Read Full Article