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March 23, 2006

Gucci Spreads Around The Globe

Gucci has set its sights on expansion with plans to open up new flagships in Hong Kong and Tokyo. The Hong Kong store is slated to open in October, with the Tokyo location soon to follow.

The Italian luxury brand has also identified Eastern Europe as a growing market and plans to open a store in the Ukrainian capital of Kiev in September.

Gucci, which is owned by French retail group PPR, has been posting strong sales in recent quarters, leading to further expansion of the brand.

Posted by Blacks on March 23, 2006 09:33 AM

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