Please sir may I have a Dogecoin? Gucci is now accepting cryptocurrency

Where Philip Plein goes, others will follow. Back in August 2021 the beloved designer officially started accepting cryptocurrency, meaning shoppers could buy leather jackets spray-painted with the scowling face of a tiger for the equivalent of £138,600.00. Off-White soon followed in April and, today, Gucci has become the first blockbuster fashion house to allow its clients to pay with Bitcoin, Ethereum, […]

Gucci’s Q4 2020 Sales Fall 10 Percent, Missing Analyst Expectations

Shares in Kering dropped 8 percent Wednesday morning after the French luxury group reported quarterly sales that fell more than analysts predicted for Gucci, its biggest and most profitable brand. Kering’s smaller brands grew, but more slowly than they had the previous quarter. Yves Saint Laurent’s sales rose a modest 0.5 percent, while Bottega Veneta […]