Following its recent acquisition of Supreme, the Denver, Colorado-based lifestyle company has reported net income of $347.2 million for the third quarter, down 25% compared to $465.0 million in the prior-year period.
The American owner of brands including The North Face, Timberland and Vans is moving its Asian center of operations and product supply hub, both currently based in Hong Kong, to Shanghai and Singapore, respectively.
Gucci tapped artist Sean Vegezzi to make the film, which features conversations with Gucci's Alessandro Michele and The North Face design manager global collaborations, archives, and special projects, David Whetstone.
The North Face x Gucci collection will debut in China through a series of specifically designed stores and Gucci Pin pop-up stores, and a limited selection of pieces will also become available on gucci.com.
German sportswear maker Adidas AG said on Monday it is considering strategic options, including a potential sale, for Reebok, 15 years after it bought the U.S.-focused brand to take on archrival Nike on its home turf.