CHINA: Gucci Chief Expects Slowing Of Asia Sales
Gucci president and chief executive Domenico De Sole has announced that he is expecting a slow down in sales from the flagship Gucci unit in Asia, reports the Asian Wall Street Journal. According to the report, sales throughout Japan last year reached $336m, 33 per cent higher than in any other of Gucci's markets. Sales throughout the rest of Asia rose 23 per cent to $267m, making a combined total of almost 40 per cent of Gucci's $1.5bn sales worldwide.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Traditional financing is a misfit for fast fashion
- Planning is key to an effective inventory strategy
- US apparel retailers' November 2016 sales roundup
- Why do modern robotics elude sportswear makers?
- Software for financial planning and operations
- US Q3 in brief – Genesco, G-III Apparel, Express
- Esquel efficiency drive continues to boost brands
- Film documents Cambodia garment workers' stories
- Pakistan suspends India cotton imports
- just-style Sourcing Survey – share your thoughts
- Outdoor performance apparel 2016: A broader perspective
- Footwear Top 5 Emerging Markets Industry Guide_2016
- Global apparel markets: product developments and innovations, October 2016
- Global market review of lingerie – forecasts to 2022
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack