Gucci Sales Plummeted and NYFW Turned Heads in This Week’s Top Fashion News

This week, fashion’s biggest headlines covered big-name runway shows, staggering sales reports, exciting store openings and more.

Among the buzziest news pieces, Kering shared its Q4 2024 financial report, revealing that its cash cow, Gucci, had slumped by 24% in the quarter. Elsewhere, the likes of Thom Browne, Luar and Todd Snyder revealed their Fall/Winter 2025 collections on the New York Fashion Week stage; LVMH revealed its 2025 Prize semi-finalists; Celine set the date for Michael Rider’s debut, and Stüssy opened a brand new store in NYC’s Nolita neighborhood, among other much-talked-about scoops. Read more at Hypebeast