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The departure of Alessandro Michele has big implications for the fashion industry. Also, what will Harry Styles and Jared Leto wear now?

In the largest creative shake-up of a fashion brand since the Covid-19 pandemic, Gucci announced on Wednesday that Alessandro Michele, its creative director, was leaving the company.

Mr. Michele, 49, a Rome-born designer who took over the top job in 2015, had been instrumental in transforming Gucci, seemingly overnight, from a fading symbol of noughties glamour into a purveyor of eccentric inclusivity that embodied the wider cultural conversation around gender, sexual identity and race.

His new vision for the brand rippled through the fashion industry and made tens of billions of dollars for Kering, the French luxury conglomerate that also owns Saint Laurent and Balenciaga, among other brands. It was Gucci, however, that was responsible for the bulk of group profits, earning almost 10 billion euros in revenue in 2021

Keep reading this article on The New York Times Business.

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