Gucci related news and articles
Affordable luxury goods continue to be a slow-growth category
Tapestry, owner of Coach, is planning a prospective takeover of Capri Holdings, owner of the more affordably priced label Michael Kors.
Is London no longer a top luxury shopping destination?
Tourists from America and Asia can now get a new Louis Vuitton bag for a much better deal in Paris or Milan than they can in London.
Is the luxury brand industry fading?
It looks like the steady stream of profits enjoyed by many luxury brands is starting to slow down.
Luxury brands spent over $9 billion on real estate since 2023
Having spent $9 billion on properties since 2023, luxury brand companies buy outlets across the world’s most well-known shopping districts.
Luxury stores overloaded with excess inventory
As the luxury brand industry slows, companies are now looking for ways to get rid of their increasing surplus of excess inventory.
September set to be a big month for Gucci
Gucci is launching new plans in order to keep business rolling in the current state of the economic climate and continuing customer fatigue.
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