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":"7d57d674eb2224ccf22f6baa33ce817c","s":"954cb41d21783e09"}

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