MILAN — Despite the rocky economy, Gucci is staying the course, casting a wider net and approaching emerging markets with significant potential.
In line with its global retail push, the luxury goods house has opened its first store in Budapest, Hungary. Mark Lee, president and CEO of Gucci, pointed to Hungary as “one of the most dynamic Eastern European markets for the luxury industry.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)