Around the Net
Gucci Targets 'True' Luxury Customers
- Vogue Business, Friday, September 8, 2023 12:45 AM
Gucci has opened a new 15,000-square-foot megastore as its London flagship.
It comes at a pivotal time in Gucci’s journey.
"Sales at the Italian house have been stalling, and longtime president and CEO Marco Bizzarri is leaving in September (his departure was announced in July)," per Vobue Business. "Parent company Kering is grappling with the pressures around its lackluster share performance and financials that lag other luxury groups."
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