Will Kering’s plan to restore Gucci to past glory work?
Posted By Luxury Marketer Columnist On In Columns,Fashion & leather goods,News,Research,Strategy | No Comments
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WZqybfL0kSoTCc8vR78rNCihqlPuChJts91GwJZe\/\/tGeIdecfTzQswMgq4rfz7f1XV5eCE3zkK2r6zLSZQcdskAZ3xLJPtBlGG4BzNUd1jCmT5sNPi2JFe29zxBOzmsqGqLOrOSC+gq7rxk\/qv8BirncWPMQMpFdVDoIm+zZG53iQ36GQaGd8lDLm9K6yuk\/QmM8H0nSFzPJHlicxZq4YkLOUAIXjTx9xyuzThRTjHBjwDDx0u9vSw0FmoOQYyJa6anIWZ6HrEt7032ydPGhJsy1Knv4rAHziVBMrvrc+YSGK2UTXsU9FNJihF7QnjTIkEC3mP294y2KeF5eaviHTmRli7AnaZOtnehTtC25+cMaZQKpVQ\/IFV50zR9lnS3MeQiS5RIl4MIGP6cjOP1RINqlJ6UlXWw\/C676Ci78GFx12oH98lwCOAyCtZBTmBCAd1oVHbmO+bXLdvp16utgxU+bDgV0b9BKwLJCKbeNLTnzOOYbUDWWJR3mR8KwWuij+RhIHtHSKHxfTOF0Fee89lUBP0bWp9e+K3IkWOvlanxf+Ct5YiHxXxujxsFf0QmMGlXWeo+NeKmFgK+J2PjThvSRbbu2et3Cwo2CDir8DIHLvcR4mSdbgni8zfVVBpyCeuPO0OnGbTK9lc8Ip20B5Xi6qFw\/5J7f\/32fmNT3m3viz1plea+k+jmChgjDrb\/lX5uCw7VyucZPl1MxetFkVfyTImFTVp2xYOKhvgrXS4xBDSMYK4JdPcAR+UUXQw0+yx0c8Y1Lw8G14ZcI3UaXeJXOajL0+LwdsAHCbLD29wUEuyr1ZgqHY+JqBAAu47UpqBCshxknZBgb7HUjhYlQIWJtofncWVunKUFGZ6B7ICgBpjnkEtZqYoC54NLMUUbM0QRD13h6t17qOf9qjTlEHRaMs8uJhyUCkYjNBaeMweVfsARjPXfibVU6o\/bcA5ghkbh6J2rPPPkTcSjXRyGEUqk\/r4QA6d95BcNI3BB+sNaboUFvA\/omnlbofzbZnlluSzZaJRyeOrotdSLojx2ERSVDSYTTS0uj8ahOCGin6eC+PlH4KPygWTw6HuncOyG+BSyFzD11srk7GVor3Tdg3FfvXdLpXfF3UPzdx1H0DdZ72aTCDOOwtzPU3VRbgHH2dZAZuIguTur7H4VKWcD73+YTlDD39QQOiQKs6G7QViGiILp1WNwqGqA9H9PkCBz2HzAhtq8\/+A+\/zsR8Tz9MGmzw58sf\/U8ZuagR+KwvAE7iH\/Ah4ABUlL4J1upFytalvF7q9opEUdu9fnSmTvlKiKdxMekeOqfvjbjB4Od4DpmXhmo3x6Psm2jdsyWre\/IyS7SgQpg1B3c3PP2R\/U7xmYg7q6tk505ZuIDLLAefdV1PpQymfj4SwDg7vLLsEZHhxicCZ7UxSjAgTyFROTTqysIugqsxrMt644bIzmA7hDrumbBI1tnfAzROti+sziAUg8n252Q3\/gm4szEVqMD4qf0128Djfe5Z9yVot7Jsot5b3AGvqBG0ox5nAsJz7igmXeFzoHQLgj03a4suyPM12RfcTqgzyoGObvkly\/AiFZYVB99VdDGrCrg7QZS09z7lqxa9L\/PYVSVnrXHSDEC9M68JnWdzaFpiBbrOcpbPnrOwYz9LBM57j2UIte50+1ciRtJR8vGVTvZjKYlOZBxGjlGJdzN2E171\/zxTeIZ21f6lyN06JOwnv45H5GzJeBaAA7BRjnQRaF5sioOBMtGf2MhjS4HZ7a0pFH0QzpIGhVBiAeBvr0gWC1DsmPQNuSK0GDUkSxADSq6Yan1oz2v23WXT0TXKo3q7s5yNOT54IGMD8jE4vO6JVpRvqGu0CkePzzEym+KfaJcnMR4lc8tcZjLy3JgKgv\/ncqLk4oo7QdgsdMfYTTscBKfnzTl+ifmo6lHfREPT1imV005KI6fBfkqLWs8dNPoKFApyGWjmw1CiCHrudiiLt7wNEskHVapiwHS7tp2\/cz8q\/GgjOCiyQFt2hV3la4GUKn+KNSNgP6Ogh+GmSdMF8+1wUZWytAbejbAiv15F9554Dm+qRJw7VDAQZZOsCN7EF1G7RBCcU3k1dJUbt\/xp0lIqF1a+FdmIiaxg6PjSULJhBe5lQkihMWFE5Taqoz+NBx\/IaTFq7NqnjcCtnU1WALlOJ7vALib611vowTpmm8LFwkZAfHNdBeDThTpSoN7n+FI\/mvucK7L9Ptx1SzDuUOzP263JOslCzUoMoTDRGxif6GCu4dIW5K9klo4nJCa7wtI4wfO7ZDH0E2IA0w6YJQszdPDaqN5S99Dn3EypKUcdOlpWV37vNPxxFGR\/zNRxYM3d99\/JfHNrS8DoeU+9GUrlj11ldODuZlZaYgP11v551Aet66d8fFCNb4sce8tBFS0zbVfGYlLdWIZdwyAe4jB\/jehOijqIAwUS+\/Y\/xRviRGqXaFkYRTmDakmHI2FerSIdiDkgPf3SFtGEU74z0xNCXYM9zb+LpL+41K6vZWTI4oduLJG+6P4NTeRN6bgXf\/S0G36BfVbzI8NaW9Lip4AdF\/pDacNxmxBur7n\/7E93cSwHUhKN3++4W1aSCuXyh+sxaR8wS3lfLvEw8DC2Cq5JMkdDuE+z5ud7xAoOOOLVugd5ZQPpjCO7F76zoVMG64YlP1Xa0Rg8trA377UKT6e2Zi+ck+2sFYfpNv9+kc7PvwKrA4mpK8MnMtGyf\/nkqdiXvB3Wtz6U8MNJgK1yYG0jhYqo7N96G\/AzkgHUG2kNWBInLeiB6PB7EeiayUv+F0ISyvfoqQxI7OwZTrmUgQp9vneWZCczibVn4mm8+xJ7+ZBZ86nlpAEkEXpz9IYDyvs8osGRdQZJThNgMwGOUiD5O83b7I2\/ALiIgK3HAkcv4eRKAoqrtHK2MWiuJJjfxvaQYiqxD0qMFIP2zj1+NpGrdquiTEZQflmhurTrve0vXzZsU49LJ\/M7ZnqXgVAv\/Fe7AHJGkfoEtcWf+unKFd+QKsFqB47etzURvE+5ux2SkEprtPGl\/PpUbMVpWJs9SN0tw6fHziQhFxOKeRlPYW8BU4hfbF2HHFDeGIzv6dZPHDHkqBMXB2kacQn4ciNau9GAhwb9O5GFsTXLUC+5+s+QMR76+Kty5WSCvFl7btv6clWRN6t2o0zMsZ+ICzvyizifoke0APF3CsKLWeToLsuHa+0Nm0mrVr\/POy0iRq\/0URUGBnqEOEMz7Hd\/61oMY5snTtrENsgci7p4qCUUv4hw+7GJ12gAccWTJC0Q1EWJ8cjzdwjziqF3S9mYmxLLSNfWweHTILhrZatEZZfGtw312g9uhKeUzrdzwdL0k97\/2SnfkBrO1FSrrH7qTdjPmsgNIlj5+sbYbNu7OZnNDow+w7CHpwIJxujE+FPawPxZ+Vib\/kxWXBTuLhbp7IiDeRDN4v11AloAtHnLnZWBAVLp8lKckPo5EjO2ptGFhwDoleEfePL7JoiEjTj+Z5W\/Xu9ZUPxbRtx6hkV30Bj6BR2glwd0gy4PWglHZsuJDwPUlNBpSQ986Xfd38j6IChoUVMa1uA4kVaSnpZNGc5k1X\/b2KKNJxgHTALOw3gshkal3CfngfmxGtB1gNigOE4y4Rr0z4V9laJdVUjyZ15KWw44PJybjjDRA7+g13tCBWRojvY1mLeiO91ZqGN4F72l\/CmJz8cfPYF4saw3AfpRjtFF5NkafI6rKy\/pWMNaJLrJ2FDXiSZKEeM0\/CYmpg3ayfZ3UoXCZ4H9hUtfabnYUT+CFHalZwnrUI0whlT6P8Rk5e3rbahIvI\/u2jejKexx\/jb7t\/heBmn4VxujQKBUa87G5TVbmAJQuhONgcQAc6Lwp2i3Qwi4ETXkJ4WfZPzRyIhDoTfCmTExEQnxE96U6xDfJQr6TLB49ANGjsZFsk0KM0R4s5\/bwfqakjhotcNOKkU4hi5dJsxz5Lg54O\/f7gHAvx\/xiOhCOO9P47qxA6Nfpk16tRGS5soUr8rGZopWPDtpu7\/wDvda2WF6ZCCPCuXgGFeLa+265s30GaBRCHoqH8aOgcvlNJvglgCxM0d6F3xscKi2cqj0S\/A3r8wTm6zdcfsj\/wBn+TJ7p6meFWV3D6R4Vq172tq4ClLl43auaD9QdjAzyRil9E34fDoc9+LOmB4OMGWIEy++qKHRKeejNWAXtrRwtoJ1tVUvEfJh37EywbaERNtZg\/tVrBtVunGogRu6KYHajYCREP2PtCYzWtk1AUY8hpgjfhyDk5LU6Zclj5nWc4NxymZhzaMMyWgnABN1\/dN6x6uTOnooWxUHOdEtncw76vtSABx2hMR9oPcQDyNEkjXbMbCrqJVvPc2n8CGw7byEwOJz0tFL\/4T2uMQnD1DjLpclb1Prq6MgF23yl3bKXiHMtuGjpbwQCDoWoHv1ZwF1wU6pbKuikvoNp5MrxXM3K3Pw6K7mx0\/VmMf\/P8SDbZgsyhQtXOCx48JSal5JPUlUuuh5wKgqdHgZhPVE+CQa+9JfD+oPn36TgDcW\/tQaw6JUmmkO9OU1jOs2Wq9fk91hc\/M2XRoAsyjhNAjm0NMz6TpcV\/34rgrcQKEXHdSfynyW5jX0BOiDX50W6RUB2oTRvBoUewpOrojaKCx71HC+DW7uQ3ta4YDW+juakpLuZ86or3tMCcd8mNgtgETKBn\/iyd6VDQjunmBMpIYZbwHXBc2XqtkE80n2XkTgHNbVBvGyoWt1xA8DXUgzpZTKmGwlrU+yTnNRXsHwCvE2F996yAJB8v6DtFxuHOk9dOeh\/wFKd\/AEUNClI2TQ7S71nDJY+WrsaFu1I167q4b6v\/m5VElXNI0qyWOQ2oS8+y6a+Muk9aQH4xdkN5ruzrsBfaxms298SWg3NgnTKI1r4Xpif27FyAWABY\/W24HlJL1z291ncMnwmDlUFRZe+o1sMhuOyLB5a93s66CTBb8R3P1JEcRN6krGkXfouyLQoA1MM7lXslTrRRW844N72\/tiq7A\/BkTSIOmYhh0Dm1wJh2AadaRx\/OXPuElo95Es4t8glOwBwCuQT3fOaeujcmUfXbh21iTkZ1b575VHQBm3svgT8w55uHR2fOVbCUgOTEl54vmUEWJlCzjRWWoksJmZj7SRJHZ3XAIfTZvhuRXEGF2vYQaxJvRdap9T62rQD6qJBqyPXjopa2Bgv+ANjK8GNxd\/EZ3HePCfMkjvRK3T5pWK6fOOymjRa7xrm+33JrV214ZfnX8vrZa4A\/lipMSAoeA25P2+MDc+EY+HjOVJsGHE\/EBjMu6UXM\/RznAFmuIHJPVL8nuzTjAEwO6yGhu7O413izCw+FsZyLOua4j6FcwTmGKYDDFWd75BKOfT9k1L3fGhyux8rilG25tePPSq5N+0cnhP3zgnfynileNELhuWMfc+VWJPMsiDNMC86B396MwUAljkQyAhfmqL3+pVaIIYwRu8TkQ6iPbAixyokwA01bDY0zvD7klxCsasXCBcugSJXi3WUloNrORw8wFDFw2eMzMzK6gKOyurbEz714JR8xxZsEQxHVzyetJb7qoa18PEhzuPpmizPYvaF8jTPMIYQL6T+gD4lYYOfeqkqVXNwlUrfNIwc0zMZJOMDaRlXNrNrCZaTu5eyoro78pXGELqgajFM36Ekf2Kn139xaabnz+daek8GN2oJnAyafY0K0ORh1PTjlFDls8Bp9gZ\/\/9zu7o\/xKyZUgC1ZivFi7pFIgmiBFEl30upbx4xE1YNxXtf6R85YAwa71X3yhPvcVqK5F4zrfwNa913uJknP715Yb23NXdJRzycWeGBDvKWQTVHJTRL5D57xAU4YXPgNTeaZ9dhsH+YG2D83Ake\/zTEL9C620kPrtg9wBAuflBuagUm\/rHEjLHBfz8SQ7mfaP\/a+T7ea\/SuML3QsaUfsIviic8UFUIm2i316e2yXyd\/6jEVwDK1iUPSUPOX7lwku44MWuTo7ikZCTEUsudnkiCz9bcmHGJpPYLdK\/DATzfC0+G+UsbgvKlpCDDc8hXruJZiHCVwRvA1GkhDirOCQPcgFr8YmT89LCtQ909IsrnBWBH7y8mrw4H6F3hq92u+\/Q3OEn9r573SMcKZJexGKh5QdHGvOYELuWAxey8tdIlW8xKklZMbOq5kKnPUGfadOJRIkJPST6pN0Os2N1YgZas8+98OAO4L45vPgo6TmP6N4OKxUE7bnRo6s87Eepxb4WLTUzQrz5hXp9I9wv1OY1WRNDlD1qREGGGI4AjU4w2plAeXotZVHrvbTBMZh\/1pCIO6OzJo7hs\/ThWtB+4\/fJSuhqT\/eFQlIgyyYYiieBfl6bY6qFuhY99WQ1OonFa9b3K4ujAk1egsEK0+EJPe0kQImfXcLgxtMTE1Z833GyPkAWjJzhvAqRhJi+zKn7Pw36UuWz\/HibcOapXsJ\/Yh45tbal44YudJQs0Lv+Gr+TORnilhfREBf1zI6YoCxMUXnLvU34DpuYc\/3ibeO6HaB1I\/LBqMYtwrnLaWB2xicM2WtaI\/y6HPlvJht+vyO2YVpHa+cugHAVcbS++fBEVnELV3VVU5jKOXJ9jC4e+YtNA3PnA8iwTEEAnu1jx9qu5NgSALZtyXgghsJnvl6cL6gI7AxWgRWJrMnceqQtasMqRuScsthpNF+9DZnr7pLob7RNC5NerpngxlsdQxrUahiidtfbA6p8K\/LAgpOvxEvsUef9xZjQxJBUIP0894sgGpppdnE0dLrTQL0HacT1Xx9ZlwnHWP5u7WnbSvabqbfnQm0guUyghTd6GRozJO7eD76LHgfwD62raDV2TZaJWypkiH9aDYRJEc6HS\/c45DmMxfkAFcFS1LUAkwahu0ZD\/aUaD0EUz4VAm4k3UOuNe6GDLzMiikbl+F7TEZ0u7zvjOaUppsBn7Z4qoDpLFC8GtxdKLMcRX6WVTWmh8XFqfpX78sgWbsfJK93fRxmtjcqahHpVQ76JUF1Y8mVpokI88tAiCKFO36dQbRguZFyYAQ83GXVt03xMUmw5XRmHx64XYog6dTyr\/2j6hiZmIhu5\/F2gmZ8mz7RAKMghHFWwBQrikub1wSnZKAizdCmT+ZswlniudKrz7YyjRsBOKKoDtSy36oZqHIU3uOSSCqaUMig8rgF2cYFebO20z9mvYMFe6nvcVo6UxUi56flpvZO6T6cp1U5HgUpmx5Qm7dgCKCrvHzEyZY3BYZog1wNFzPronRDt8wpxIPnMt\/CMpsyC7NPePNsm\/ZCV78ueU3hIGesbavjyxBcMW5+vi4K0bvlCsxX+9Y2zm7FrAHMSQ1yLORvRP9YOvNZEF+tQA\/BNGRfuGYEsa1huvMgNc0YflblmTb6kEXXzfDGvsIPnhqZKY7DmBfDI1dQBeeZHAmZEMz9mT7iMNzke6str2d59KPK3FcdzQIxwa5b2N0cV1lJKYkb2UwRhHt6f0EoJha9iVyAzwVyiGB7pURAezpFeczGkNBFx6Eo2EQhsTLp9uVaZA3PDgyr2Hk6qr+1vwwOH34mWVQHFoKmKdCW6u194HjzFjrsRdQOv0Huv4F4JlXgiHldQ+V2Xc9wiG3iq\/mN+8qjSw2+4LN\/V5Q300EHfBfCSbNQUry+r6IaMMgBDOXqsRIr0fRyyXoEkmwXa3Iz8h6WnqMuWtiqO2PDVxaasZxrJNBFkHGz1bHiHaQPFGbUMhfqnU8XTIsC8x+3a\/00KxxvqEdZn4lk4\/\/LtAc6uKXaErGCkzOobohfpP4DkdqvUeVdFpZqSo3wNMaKMVB19X7BWjqjiEUQOMZeyBoOJm4mNB\/9ce6gMjuIQNQFBMzwjn1kTRqUup4cBp77\/uSOcHvkt+AlJ31AnjRC9ioBOIajlOzlLvZ5Mf3hqy5WTp47wyjWEVpb\/dAlRA++vzTMx\/D\/KFaDQ3u+S3kW\/S0qcdLq5\/6pEGaLe+0Q+ip6ULuF2eU9xaEHku5MWzidQEmP7DOXXxau4f3w6U9PW6qPA653gKaWvngrFViSMqCYUxEWtcxth0N6JL6BeiHQRS1iV6yLDAJTeZgpcXGjy82XSBYgQutAbTEQtyKr9f+ycNfbCzPti3s++QGP1qVhToZSPeyGGe9mCylXxDcMf6ed+h2WYPjrvvMw8Pmc2xu7Unkv5mCpWOilhbgC53IbJiuMM1OCk3BjoiHHO44S\/g9Z2vSWIPmSDjw9iQiLSg1nMjVAaiLNyBaevB1PLBNL\/+pJ9PWT3TpVe7W9x6TWUUIs\/yX+eAU0LmlWrImJrC4dIrCIvV9WgSEzS4P1uD264536\/rd35apYqWLMyf1ge0xPdHp5b3cCpNfxN5VCdE+ImQarEF4smYJWLRdTWs8GSL2kggaroGDq8xjgdL1tZ3so8Rjbo0CxMfVbX7FHb1E9ddLu4JwXhUVJnN9EiXZ7+nKeMdU3O5C6hziRDjXDpojH99\/zPQlQu+H+1RJxSLWCKRCaRdpVXMewx6EYAZo6w08Tt\/KAKlZpjzhwQNiJoBAMc+81SUqpj3FMbYKmnuxWQMiu4bkZCjRkXzgccIapv1bIYVb8DXOA0Qh9+pzxJUQQM8JxOfTgFSo98rk6Ug3HpgWeTzKILKiU+Z+CRn7bNRcT04B+ZJ4DLUiTo\/CMAipm4pIFwZiA+q8TdNxhvOP13xJVxQO2xvm9q6JX3aeqZAyu8DTclfZ7mZuPxfaYpVCEMZakp4xKWQpX1k5MNUEvsREL5yTGc1BoLW5RUyr6qucqLklm7gyX26j0Ol1igwZQsnFCOMaPevibZlyTNrmJbBHLQvcuAtAoZemn9Cgj3G\/POACx7WE55gPMaMY\/bXjT1VssWrf1E2GOmp0Wo0gT59kFhCOrpdGZEp9sVDAtJGLLWjdoxp2OsOxgycPAkA1Z9uCcce4iYoPYskaT6EfrEehXvFpMPXaGvcL\/pAJUz8TFVEiULjxqA+Fki8Soupqve9B7g1uL3KbmkItA7wm9r5GJ6DyO663JO7tmB4xJg65QuROTt+LtSmz8J8tE6\/BupOkNfnjpOEW5QgV67yVXs95LghpeQjIk6TsZ6QalG\/FWs0xB205w6ID+2vQl9RXSnA2b\/gVb5ul9ZxbUHZU2WlFqBnxhgWszxqnrqePEpLZ0MEj5ORQfGvbUV1Mgpe3yz0c0v883q7UD8tjQCrID939qt0l0QyOsuRH+Q8pn7D7LIv50RaTM43zEbZVdrXHo8vurUBfScAxVquCdF8PzFsxmggA8JfSwry4qAQ4HgNKyfi0BNtNP7OIsBc7TKSUyWJrfeFxOIdUE1wxz+vVsf5J\/w2jJ5byqy4HWOtX1lWOrHtraiYcg\/p\/gvIaIAhjeDZhiqOvD0JHuOBEnTRSUqUT2kpS7qy+1tHW5lu2idBXjXJFzDOK0IOl7lct0CWM07nMb3Ao\/zZA71vR9wjvczYnBHwjsrIl5S2JShmipB6vYQfTacbezMVcLO9EIqrA0JJZumOEzqCBftJqLOik7SMDy9wGIZSqqEq0ysS7EPdrSaXXwn9oQfT+DF7gZfkUm0dRxodHGVOXxVT3Kq5XZk0zusPhZpZxyJxdmBx9ai62QlsO3cy8YZj4z4DcHGxm2Ms0W2d70BWlhm\/Bu4VIg7hSMoZEt68DuAbiDrzZcDIeyPLrVL5tCWVR0dn13wxRIfNh9PgqBYZfBAYW5AAC+mPiF3PAa6ZIxHcQHEapT9DNp9bCUay5FgCRWmf1dID5M9nwqhQ7pFgLQNu4VDE9YoVwdBrj03j8eP4PdJdTVtuTkz0IyKu25ZXHyPLRq2A2AGlPfiNuKU35sk6wLnZo2\/JHvCqxe6kq8mWHvcAfRUTsbGcAaEnDRQ\/7s0odqJwHw7SFh31IzaFQP16Yltl3Bx0YxEyOrJIAC20LX4eI6mZVE9CBVCAq11In+I8b538ovLsSmsFKAu\/Ksic1mMNkYunka2AXM9qID0s4Ise8knCT3iu+4pVPm0Nh7BVlz1wIfT6eIBiw8svuJTL1lSnCmHJJqMD1RP0EPuKxsVpRfs4CxDxn401V7WePx17l\/3TsVFb5cdNfJaG7l1kzopPBQuEDSFAhujTrfvhTm3COlCZLy3QtfC0u\/KBND26nXn6j035MCPdh7+LONeW0JPkYSAgX+YUjLIEEADmHyrRhj+2LDs\/x0EwlIpSk3i7tQQZ0a\/Uy9fDAvJz455ikZKVps61z9p32\/8dh6fpKmeeV6RsDoD5jlSCe82gPzZizjq03kyJFy9eoaukAHFl+6adxwVGcH1KFTrZFaMdJap729RUREAcDvzsVW3aJapiCHoz4Js2ywUwkNasUAybrdaWX4hNRwRzPr1D05W64P3Ouki8t7tGkEjY055kPiiekswedHntTTv15JYE+W60e55sKdZlF0ugum6XTl+NbXR\/ZrBxAm8oLvMOV2LmtxbzZ0kwSbIM3rjv2Y7mnqv7ebojBjr04y1qJJjlY3CYiS77O4KmmYRTh7jwBdSFV4n0vvyo2mTsEMnTVRqFLj3NP0kZGbCF9xuxr8H47sLiPeNt06+OBhdOwmPygKdvjxP7im+zYkLaAACG2cA57CND2ilM\/amz+N4f0WrPUKcwENWIEm9\/mNpM9NpcGX53UksMpmhEsHRan8gC3usZifuNaOa7sENqi1dZz98GdmmgcvRiGnlGpvzy6AVnOnWcrh0yBxdJ354nYRGEtQgXX\/oT0x1Jpp7jabTvZwF9NKeMhWS7wNmo3rOQpsQn+IKTqbomKhv1SsiB4Li+MPcNIHUyb2U0REGoMM7g4E+hTRqkRkgCNgmiGTwYZLONqUY\/brG4eLyNU1Bfh3EGX8jlbxuR9MlhpQNg9TiWCVxh9cEM3dIz4Lmz01e7LYbseNoo94M25vKxumEqEWRqfMzbWjDKVwC0HNaKCo7tyxEpGrPxIiaTQEwGuIxaMNWY0ZpRvB6bleEC4Dy5ZORZdJc0gnBf47+OuWpD2sxfPBAel+TU6lvhP59HLPkRQR9umajfbBDBwgvD6RY+3xhaSxpIn9RiPuYgPMDuJsOUsvsYUJQp7pPu4z0wsYlHFttQufT564bkSyssB\/hyN484E3E9XhdPzc0q\/fQlDT1Lm7xrXJDVHWsF4+0oUJe8zI5YuikzRWvMXOAq2zKrPwSA0Z16eTjOpRmQQo2kPKGf53eZQsd1snp5IF7qh2Vhc3ozBRcR4kxk6NUtnmhuLTvxBK3dyH3S149Wo8s08v5\/PRZ3DbYhzfLk287PwEZ8O\/wXPmkBIX9mNCFzkG19lo5tZ31QQV1t+OmfWPL5KLRcsFSwEU57LXOjmdEAlWaW3q5hGVbITeUEWK1VHkFdR3c0admvH8oCOt0hwKalkjhW3EGfic6F4d4NNYKOyjWMe26G7OSQwj2wwd7hDCzK6SwYLaJd541MetLebzcbSsoBDHn5gcSTO7nK5aHZR42oJ1tU9NUCI\/ymuqI3GgSOEFDOMCtIYTW0xxmP5KMeENvBqX2VD+sc2YphferJ4KdjDoV\/3+uNevxxdF5lqIFZJwdcP5fXWn+xmsaaaa1+ZN1te93miengqZmz9guNf7uVSy6KVlMB\/NbtvMs5MgTo\/9E2Gsbv6t2BELrjjrmtamzrBxz7lQXJAiLiXeI9\/expoMjCIsYYEFJRWuaSBQaLFFLyD8sQOxoSWn\/SQgu4\/pvNo9\/qQT6zC6+VIpD3jSJIFeyfgPixUptyPIYkTwEztFpLLRdnuSRrFfCEbg3rAZSouVI4gKRodjf5ezfARyzL\/BCW0rvS6\/ykz8jkN6P3PMgJ1\/VzukK64MTtu3m5YQwVjKST+B58iZIyl2ev82W4z8iNZYFnTlWQlf4yLB7BCsm5R1cCiIPIivgjrM5Y+So\/q8IfAKSRR+BcZl\/Yc1UFAuJGYYTh1Mgy637eVag\/fZGn\/tjzL8WnrFElQKHHcMRIrna2FVvC90WeJqpDYppIAyHFuxK51HUCiE\/7Uw==","iv":"68244b32f417ab2a0ea3b23697fcf19f","s":"69609b341b57a09b"}

Gucci is the engine powering the Kering luxury group. Image: Gucci