Gucci grew by more than 30% for six consecutive quarters, and a growing number of investment analysts questioned whether its parent company, Kai Yun Group, was “desperate” for long-term stability.
Jean-Francois Palus, chairman and CEO of Kaiyun Group, responded in a conference call after yesterday’s earnings report that future revenue growth is not just dependent on Gucci. Alexander McQueen will be a “star brand” focused on following Balenciaga’s success in the first half of the year has confirmed its enormity. Growth potential.
Other luxury brands, including Balenciaga and Alexander McQueen, continued to lose money in the luxury men’s wear brand Brioni, with sales rising 36.5% to 986 million euros in the six months to June 30 from a year earlier and 34.7% in the second quarter, according to fashion headlines.
Alexander McQueen himself, who is deeply influenced by punk and Youth Street culture, has injected rebellious genes into the same brand.
Founded in 1992 by the British ghost designer of the same name, Alexander McQueen has won acclaim for his bold and innovative post-modern fashion style with traditional British tailoring. His iconic items such as bumsters, skeleton T-shirts and donkey shoes have become fashion classics.