Thursday NEWS RUSH Featuring Gucci Sales Slump.
It’s CULTED bringing you your Thursday morning NEWS RUSH.
First up, Gucci’s sales have plummeted according to Kering’s Q1 report. Gucci, one of Kering’s most profitable brands, saw a huge 22% drop in sales in comparison to last year’s report.
Next up, Prada has announced that it will no longer distribute a dividend this year, despite announcing the plan last month. Instead the luxury brand will allocate its entire 2019 net income to the reserves of the company.
In other news, Lil Uzi Vert and Chief Keef have released the Bean (Kobe) lyric video in honour of Koby Bryant. In the video, highlights from Koby’s life and career flash across the screen along with animated lyrics.
And to round off today, Billie Eilish shut down Lil Pump’s attempt to “wife” her on Insta live and we were living for it. The rapper made consistent thirsty comments on Eilish’s livestream, which the singer politely ignored. He then declared his love for her and asked “Plz lemme wife you”. He then kept going with the comments before Eilish finally shut him down saying “No thanks”
That’s all for today’s news.
It’s Sam with CULTED. Have a great Thursday.
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