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Reading: Gucci’s new challenge: reigniting heat while boosting timeless appeal
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Reading: Gucci’s new challenge: reigniting heat while boosting timeless appeal
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Philippine Retailers Association > Blog > Industry News > Gucci’s new challenge: reigniting heat while boosting timeless appeal
Industry News

Gucci’s new challenge: reigniting heat while boosting timeless appeal

Last updated: February 6, 2023 8:00 am
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1 Min Read
Photo from: Inside Retail Asia
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By Inside Retail Asia

Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to spark heat with a new direction, analysts say – a delicate task, given the emphasis executives have also put on the label’s timeless appeal.

De Sarno, a senior fashion designer from Valentino, is tasked as creative director with reviving the fortunes of the brand that accounted for two-thirds of Kering’s profits in 2021.

An emphasis on classics was a priority outlined by executives at the company’s investor presentation last year, and Gucci has recently revived its bamboo-handle model handbag from 1947, as well as its over-the-shoulder Jackie bag from 1961.

But analysts say De Sarno will also have to generate buzz with hot new styles – a strategy that has traditionally served the brand well, compared to the path taken by some rivals that focus more strongly on signature classics, especially handbags.

READ the full story HERE.

TAGGED:Gucciluxury retail
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