Tough Quarter for Gucci ? And Iraq Spells More Uncertainty
From This Issue
MILAN — A slowdown at the core Gucci division and higher losses at Yves Saint Laurent were the main reasons for a 14.4 percent drop in Gucci Group’s net profits in the third quarter ended Oct. 31.
And with a possible war in Iraq…
HE WANTS TO BE A PART OF IT?: Is Nicolas Ghesquière, who electrified New York fashion week last year by decamping his Balenciaga show from Paris, getting ready for an encore? Sources say the designer is mulling another Manhattan showing, which…