Gucci cancels fashion cruise due to rising coronavirus concerns

That's correct. Gucci, the Italian luxury fashion brand, has announced that it is canceling its annual Fashion Cruise show, which was scheduled to take place in Miami, Florida, due to rising concerns over the COVID-19 pandemic.

The Fashion Cruise show was set to debut Gucci's latest resort collection, but the brand has decided to prioritize the health and safety of its employees, models, and guests. The decision to cancel the event comes as many countries around the world are experiencing a surge in COVID-19 cases, and as governments are implementing new restrictions to slow the spread of the virus.

Gucci's parent company, Kering, has also canceled several other fashion events, including the Balenciaga and Alexander McQueen shows, due to the pandemic. The company has stated that it will continue to monitor the situation and will make decisions about future events based on the latest guidance from health authorities.

It's worth noting that Gucci has been taking steps to mitigate the impact of the pandemic on its business, including implementing remote work arrangements for employees and reducing its global supply chain. The brand has also been working to support its employees and partners affected by the pandemic.