The Latest Breaking News from Gucci

Global sales of personal luxury goods are projected to slide by 2% to 5% this year

We demand answers.

Since the United States accused Vietnam of being a hub for counterfeit goods, Tran Le Chi has found it increasingly hard to track down her favourite fake Chanel T-shirts, Gucci sunglasses and Louis Vuitton handbags.

From Nike V2Ks to Adidas Taekwondos, every pair she's worn has become a must-have.

French luxury group Kering has tapped Luca de Meo, the outgoing chief executive of Renault, to become its next CEO in a bold bid to revive Gucci

Every A-lister will carry this bag by July.

In a surprise move, French carmaker Renault Group’s CEO Luca de Meo announced his departure on Sunday. The company’s shares tumbled by nearly 7% on Monday, following the news.

Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group.

Luxury brands have a magnetic pull. The promise of prestige, quality, and exclusivity can make anyone dream of owning a piece of the high life. But is the reality as glamorous as the marketing suggests? For many, the answer is a resounding no. Some luxury brands come with hidden headaches—sky-high…