News

Gucci pays for neglect of mid-range goods

28/04/2008

Gucci brand owner PPR says sales figures for the first quarter of the year have been disappointing and has blamed a lack of attention to mid-range products for the dip. Sales dropped 3.3% for the first three months of 2008.Deputy chief executive Jean-Francis Palus has told analysts that the Gucci-brand advertising is now being "re-balanced" to...

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