Home » Entertainment » Gucci needs new ideas, talents to combat brand fatigue

Gucci needs new ideas, talents to combat brand fatigue

File photo of a woman holding an umbrella as she walks past a company logo of a Gucci boutique outside a shopping mall in central GuangzhouBy Astrid Wendlandt PARIS (Reuters) – Gucci holds the luxury spending downturn mainly responsible for its poor performance but the Italian fashion brand may also have itself to blame, suggesting it could be time to change strategy and hire fresh talent. Every major luxury goods maker has been hit by the worst spending slump in five years as concerns about economic growth and conflicts in the Middle East and Ukraine hampered demand from the Chinese, Russians and Europeans. …

Gucci needs new ideas, talents to combat brand fatigue

File photo of a woman holding an umbrella as she walks past a company logo of a Gucci boutique outside a shopping mall in central GuangzhouBy Astrid Wendlandt PARIS (Reuters) – Gucci holds the luxury spending downturn mainly responsible for its poor performance but the Italian fashion brand may also have itself to blame, suggesting it could be time to change strategy and hire fresh talent. Every major luxury goods maker has been hit by the worst spending slump in five years as concerns about economic growth and conflicts in the Middle East and Ukraine hampered demand from the Chinese, Russians and Europeans. …