Monday, October 27, 2014

Gucci struggling in luxury market

This is an interesting article on Gucci's struggle with current luxury market.
I thought the article was interesting because it talks about balance between exclusivity and growth as a company. Luxury consumers are turning towards lesser known names for more exclusivity in their purchases. How will Gucci recover from the declining performance?

http://online.wsj.com/articles/guccis-luster-fades-in-tough-luxury-climate-1414117772?mod=WSJ_hp_LEFTWhatsNewsCollection

1 comment:

  1. I like how this article directly correlates with what we discussed in class. It's interesting to watch luxury brands and how consumers can change their minds at a moment's notice.

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