Nick Martell
š¤ SpeakerAppearances Over Time
Podcast Appearances
Your move on the backseat bidet, Toyota.
Your move, Jack.
Let's hit our three stars.
First, a quick word from our sponsor.
For our first story, Gucci is having its worst moment in the history of handbags, but it's found a brand new sugar daddy.
Can Gucci and Google make smart glasses finally cool?
Ah, yetis, let's start by sprinkling on the context.
Investors overall not rattled by the war in Iran.
Stocks are at all-time highs, but investors in luxury stocks
are rattled.
That's right, LVMH, their stock is down 25% just so far this year.
Because dudes in Dubai aren't buying $1,000 crocodile belts right now when their country is being attacked.
And that is why Gucci looks more like Fucci these days.
Gucci, their sales are down half from their all-time peak.
Gucci, owned by Kering,
has seen sales fall 11 straight quarters.
In fact, Gucci's gone through three different creative directors in just the last three years.
The Cleveland Browns can't find a quarterback.
Gucci can't find a creative director.
2021, Lady Gaga, Adam Driver.