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Tag: gucci

Coronavirus: Gucci shuts all factories in Italy

Retailers in Italy saw their stores shut when Italy’s lockdown measures were put into action earlier this week // Gucci has temporarily shut down its factories in Italy amid the coronavirus outbreak // Rival LVMH said it will continue to operate as normal // Gucci has been encouraging its office employees to adopt flexible working practices …

Coronavirus: Gucci shuts all factories in ItalyRead More

Gucci parent Kering closes half of China stores, takes sales hit from coronavirus

Zhang Peng | LightRocket | Getty Images Gucci owner Kering SA has closed half of its stores in mainland China and the locations that are still open are operating on reduced hours, CEO Francois-Henri Pinault as the company warned investors of a drop in sales. “We have a strong drop in traffic and in sales …

Gucci parent Kering closes half of China stores, takes sales hit from coronavirusRead More