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>> Francois-Henri Pinault: Gucci Group "Moving Toward Fewer Logos"
—The Phoebe Philo effect continues. Friday, when reporting on Gucci Group earnings, PPR chairman and CEO Francois-Henri Pinault noted: “Our groups are moving toward fewer logos, more discreet luxury. It’s a question of adapting our ranges very rapidly to this new perception of luxury, a luxury which is more subtle, more sophisticated — which is what we are doing.” This mode won't be hard to put into practice for a number of the group's brands, which already tend to do without much logoed merch — Stella McCartney, Alexander McQueen, Balenciaga, Yves Saint Laurent, and Bottega Veneta, for example — but it is a change of pace for the flagship brand, Gucci. [WWD]

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