Tag Archives: gucci

CoinspeakerGucci Owner Kering Paid $3.8B to Acquire Fragrance Label Creed Kering first signalled interest in the acquisition of Creed earlier this year. Gucci Owner Kering Paid $3.8B to Acquire Fragrance Label Creed

Italian luxury brand Gucci – which specializes in fashion and leather goods – is allowing customers to pay for items with digital currencies like bitcoin and Shiba Inu, a popular spinoff of meme cryptocurrency Dogecoin. The company says its customers have been showing heavy demand for crypto in recent years, and thus executives want to adhere to their needs and wants. Gucci Will Begin Accepting Crypto Payments for Luxury Items The move is pushing the goals of bitcoin and...

The financial markets in China and other parts of the world are currently on edge because of the coronavirus. As China tries to curb the spread of the deadly disease, it has also restricted movement in the country, sparking national outrage.China Enforces Travel RestrictionsChinese officials have now put a blanket travel ban on more than 10 cities. Authorities have also forced all travel agencies to temporarily discontinue all offered travel plans, whether domestic or international. The...