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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","iv":"cee553bb8955aa4a2e9d8242d3e7132e","s":"a20837a3e30772c5"}

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