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The Kering-owned luxury brand will open two digital stores on Tmall’s Luxury Pavilion selling its fashion collections in a digital flagship from 21 December and its Coty-licensed Gucci Beauty . Kering stunned investors with its March 19 announcement that Gucci sales have fallen nearly 20 per cent in this quarter, led by the Asia-Pacific region. The share price fell the .
Gucci’s China Shock Reverberates Across the Luxury Landscape. Chinese more hesitant to make big purchases, Swatch CEO says; Prada, Hermes are among groups bucking the slowing trend Gucci has struggled with two sector-wide challenges: a downturn in China's once-booming luxury market and a shift toward “quiet luxury,” marked by subtler and more refined . The Kerring-owned brand has announced a new strategy that aims to meet increasing demand from China and potentially overtake the French fashion house, Louis . Gucci's new chief in China will lay out his strategy to revive the label's sales in the key Asian market in the next few weeks, the finance chief of parent company Kering said on .
Gucci is planning on bringing more in-house manufacturing and cutting down on independent leather good suppliers to boost activity. Its goal? To decrease the time by 50 .
MILAN — Gucci is further expanding its reach in China. The Italian fashion brand is partnering with Tmall, launching two digital flagship stores on Alibaba’s dedicated platform .
PARIS/SHANGHAI - Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China - a key growth driver for leading luxury houses. The Kering-owned luxury brand will open two digital stores on Tmall’s Luxury Pavilion selling its fashion collections in a digital flagship from 21 December and its Coty-licensed Gucci Beauty collection in February, expanding its online footprint to . Kering stunned investors with its March 19 announcement that Gucci sales have fallen nearly 20 per cent in this quarter, led by the Asia-Pacific region. The share price fell the most in three.
Gucci’s China Shock Reverberates Across the Luxury Landscape. Chinese more hesitant to make big purchases, Swatch CEO says; Prada, Hermes are among groups bucking the slowing trend In light of its reliance on China, Gucci is recalibrating its strategy to reduce market vulnerability. As such the maison is actively diversifying its global market presence and enhancing its digital and direct-to-consumer channels.
Gucci has struggled with two sector-wide challenges: a downturn in China's once-booming luxury market and a shift toward “quiet luxury,” marked by subtler and more refined aesthetics.
The Kerring-owned brand has announced a new strategy that aims to meet increasing demand from China and potentially overtake the French fashion house, Louis Vuitton, as the world’s largest luxury brand by sales. Gucci's new chief in China will lay out his strategy to revive the label's sales in the key Asian market in the next few weeks, the finance chief of parent company Kering said on Thursday.
Gucci is planning on bringing more in-house manufacturing and cutting down on independent leather good suppliers to boost activity. Its goal? To decrease the time by 50 percent between a luxury product’s conception and its delivery. MILAN — Gucci is further expanding its reach in China. The Italian fashion brand is partnering with Tmall, launching two digital flagship stores on Alibaba’s dedicated platform Luxury Pavilion.
PARIS/SHANGHAI - Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China - a key growth driver for leading luxury houses. The Kering-owned luxury brand will open two digital stores on Tmall’s Luxury Pavilion selling its fashion collections in a digital flagship from 21 December and its Coty-licensed Gucci Beauty collection in February, expanding its online footprint to .
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Kering stunned investors with its March 19 announcement that Gucci sales have fallen nearly 20 per cent in this quarter, led by the Asia-Pacific region. The share price fell the most in three. Gucci’s China Shock Reverberates Across the Luxury Landscape. Chinese more hesitant to make big purchases, Swatch CEO says; Prada, Hermes are among groups bucking the slowing trend In light of its reliance on China, Gucci is recalibrating its strategy to reduce market vulnerability. As such the maison is actively diversifying its global market presence and enhancing its digital and direct-to-consumer channels. Gucci has struggled with two sector-wide challenges: a downturn in China's once-booming luxury market and a shift toward “quiet luxury,” marked by subtler and more refined aesthetics.
The Kerring-owned brand has announced a new strategy that aims to meet increasing demand from China and potentially overtake the French fashion house, Louis Vuitton, as the world’s largest luxury brand by sales. Gucci's new chief in China will lay out his strategy to revive the label's sales in the key Asian market in the next few weeks, the finance chief of parent company Kering said on Thursday. Gucci is planning on bringing more in-house manufacturing and cutting down on independent leather good suppliers to boost activity. Its goal? To decrease the time by 50 percent between a luxury product’s conception and its delivery. MILAN — Gucci is further expanding its reach in China. The Italian fashion brand is partnering with Tmall, launching two digital flagship stores on Alibaba’s dedicated platform Luxury Pavilion.
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