Luxury Landscape Feels the Ripples of Gucci's China Shock

Quick Summary:

Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year.

Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci.

Gucci has long been one of the most volatile of the major luxury brands, its fortunes rising and falling based on buzz around designers like Michele and a predecessor, Tom Ford.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaHong KongIndiaItalyJapanMacauMaliSingapore

Topics: Chinese Gucci Growth Luxury Kering Shoppers Brands China Sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-24 @ 13:47:00 (1 months ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 1379 words

Reading Time: 8 minutes read

Sentences: 52 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 20505311

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 8 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 18 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #66

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