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Struggling Gucci Leadership Resigns

FANCY FOLKS

CEO steps down.

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Andrew H. Walker/Getty

The two top executives at Gucci have announced they are stepping down as the iconic luxury fashion house attempts to kickstart growth. CEO Patrizio di Marco will be succeed by Marco Bizarre, while the house’s creative director, Frida Giannini, will step down after the fall-winter collection in February. This is the biggest shakeup since Tom Ford and Domenico de Sole left in 2004. Sales at the fashion label continued to drop in the most recent quarter.

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