Gucci‘s Marmont bag is one of the most coveted of the season – the belt bags, backpacks and alike have been spotted in street style images from practically every fashion week there is. The newest iteration is a luxe throwback to the ’90s as it appears in an all-denim look.
Although the shoulder bag has a light denim upper, it’s elegantly lined in leather and satin. The quilted upper also boasts faux pearl embellishment and gold-tone hardware throughout. It has a sliding chain shoulder strap, which makes it versatile enough to be worn in various ways and Gucci’s trademark golden GG logo clasp on the front rounds off the look.
You can shop this bag now at cheapguccibags.co.uk for 9 USD. Don’t forget to peep this green velvet Marmont belt bag, too.
Between nine and 20 people, armed with knives and wire cutters, ran into Nordstorm at the Stanford Shopping Center at 8:37 last night (Jan. 8) and stole Gucci replica bags.
Initially store employees said the stolen replica handbags were worth a total of 0,000, but that figure might change when they do inventory today, police said.
The crew used the knives and wire cutters to snip the purses from display racks, said police agent Marianna Villaescusa. Nobody was injured though one of the female robbers attempted to hit a store security officer on the way out, but the punch didn’t connect.
Oddly, the robbers were wearing either red hoodies or yellow ones.
Employees gave different estimates as to the number of robbers — from nine to 20. A review of store video today should result in a more definite figure.
They left in two cars — a Honda Acura with no license plates or a newer white Nissan Sentra. The robbers were at large.
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Applying dye to crocodile leather is a tricky, time-consuming business. And the lighter the shade, the trickier it gets.
That’s just one of the reasons why the Hermès Himalaya Birkin is so valuable. The name refers to the delicate gradation of the bag’s colouring that fades from a gentle shade of smoky grey to a pearly white, mimicking the snow-capped mountains of the Himalayas. While nobody knows for sure, experts speculate that Hermès only makes one or two Himalaya Birkins each year, precisely because it takes so long to get the colouring right.
This rarity has made the Himalaya Birkin the most valuable handbag in the world. Officially. On May 31, a 2014 Himalaya became the most expensive bag ever to be sold at auction. After a 15-minute flurry of intense bidding at a Christie’s sale in Hong Kong, the bag, which has buckles crafted from 18K gold and diamond-encrusted strap loops, fetched US9,261 (Dh1.4 million), surpassing the sales estimate of 3,000 to 8,000 by a considerable margin. Christie’s went on to set another record on June 12, when it sold a 2007 Birkin in blue porosus crocodile leather, topped with white gold and diamond hardware, for 6,540, as part of its first-ever handbag auction in London. This marked a new record price for any handbag sold at auction in Europe.
Whether or not the boxy, oversized, curiously casual proportions of the Birkin are to your tastes, there is no denying that it is the rock star of the handbag world. It is easily more famous than Jane Birkin, the actress after whom it is named, and its story, price tag, celebrity owners and much-discussed waiting list have ensured that it is entrenched in fashion history. All of which is underscored by the fact that Hermès is notoriously tight-lipped about it – no one will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year. This all feeds into its mythology. There is also the feeling that Hermès might just, after 30-odd years, be tired of being asked about the Birkin. It has developed such a cult status that it overshadows anything else the brand does.
Largely driven by demand for the Birkin, as well as the Hermès Kelly, the market for second-handv replica handbags has flourished over the last decade, transforming what was once considered arm candy into a viable investment category. “Handbags are no longer viewed as just an accessory. Many women now carefully select a handbag based on its social status, investment potential and resale value. Vintage, limited-edition and collectible replica handbags have created a thriving secondary market that didn’t exist 20 years ago,” says Shea Robinson, director of press relations for Baghunter, an online platform dedicated to buying, selling, consigning and swapping luxury replica gucci handbags.
Heritage Auctions launched a dedicated luxury accessories division six years ago, to capitalise on growing demand for “pre-loved” bags. Diane D’Amato, director of luxury accessories at Heritage Auctions, held high-profile positions at Hermès and Louis Vuitton prior to joining the auction house, and tidily sums up the appeal of Hermès replica handbags. “Craftsmanship and accessibility,” she says. “Hermès is timeless. These replica handbags are works of art. ”
And yet, it seems incredible that no other luxury fashion label has created anything that competes with the Birkin, in terms of both covetability and resale value. Has anyone even come close?
“Not yet,” says Matt Rubinger, who heads upthe replica handbags and accessories division at Christie’s, and is a world authority on the subject. Rubinger attributes some of this to the age of the ‘It’ bag. While Hermès was crafting its coveted pieces to the highest specifications and in very limited numbers, many of the other big brands were focusing on creating the bag of the season, which would be carried around with pride for a few months, and then be quickly forgotten. Anyone who recalls Dior’s Girly collection will know exactly what he means. A classic it was not.
So, while Hermès stayed true to the course, and has been incrediblyadept at controlling supply and demand, other luxury brands focused on mass appeal, using their accessories divisions as a way to shore up profits and broaden their customer base.
A cursory scroll through the lots in Heritage Auctions’s latest luxury accessories sale, which took place on June 27, highlights the sheer number of bags and brands on the market, but also the disparity of their worth on the secondary market. The sale included popular pieces such as Gucci’s Dionysus and Marmont matelassé, Louis Vuitton’s Speedy and Alma, Alexander McQueen’s Knuckle Duster Clutch and Bottega Veneta’s Esperanza, as well as a host of Chanel bags, including a bright pink python Boy bag, and a limited-edition blue, pink and white, beaded-satin, medium double-flap bag, which sold for ,750 and ,812 respectively.
According to D’Amato, Robinson and Rubinger, Chanel, Louis Vuitton and Gucci are the only other brands that do well at auction, particularly when it comes to limited-edition and exclusive pieces. “Look at the history of some other French labels and try to identify bags produced in smaller editions or special colours and materials,” Rubinger advises anyone who is looking at investing in a handbag but doesn’t have the funds for an Hermès.
“The next best brand for investment is Chanel,” Robinson adds. “Since 1955, the value of Chanel flap bags has continually increased, including a 70 per cent surge in value since 2010.”
Baghunter famously made headlines in 2016 when it released research suggesting that a Birkin was a better investment than gold. It discovered that the value of the Birkin had consistently risen by an average of 14.2 per cent between 1980 and 2015, outperforming both gold and the S&P 500 Index. The company carried out a similar research study into Chanel’s medium classic flap, or 2.55 bag, discovering that: “The Chanel medium classic flap bag has increased in value by a whopping 71.92 per cent between 2010 and 2015, far outperforming housing prices in the United States [which increased by 8.1 per cent in the same period], the S&P 500 [which increased by 13.2 per cent], and inflation [which rose by 8.7 per cent].”
The study also explored the performance of Chanel’s Boy bags. “Due to their popularity upon release, they experienced a surge in value in a very short space of time. However, the popularity of the small size over the medium size saw that particular bag rise in value by 53.84 per cent, while the medium bag only rose in value by 31.25 per cent. This is an interesting piece of information for investors who are seeking to spot the next big investment opportunity,” Robinson notes.
However, while Chanel may be making some inroads, it seems highly improbable that any brand will be able to challenge Hermès’s dominance of the secondary marketin the short to medium term. “The reputation and marketing strategy of Hermès will keep its replica handbags as the most desired on the secondary market for many years to come,” Robinson predicts.
In order to truly compete, a brand would have to create an iconic bag outlet that somehow captures the imagination of the consumer; demand for the bag would have to surge and remain high for decades, and would need to totally outstrip supply; production numbers would have to be kept low, regardless of the commercial temptation to capitalise on its popularity in the short term; and quality would need to be kept exceptionally high, consistently. Then, maybe, you would have a real contender.
Rubinger does lament the fact that there is not more variety at the very upper echelons of the second-hand handbag market, but notes that there are enough variations of Hermès bags to keep things interesting.
“Sometimes I think it would be nice to offer more variety but, having said that, the multitude of Hermès bags available are offering this variety – in terms of colour, shades, hardware, and special or customised editions,” he says. For now, at least, these will have to do.
French luxury group Kering’s flagship replica Gucci brand has seen strong sales growth since March and expects to be able to grow more than twice as fast as the wider luxury market over the medium term, the company said.”In March, we saw very strong growth in products sold at their full price, including handbags, and this trend has increased in April and May,” said new replica Gucci CEO Marco Bizarri in London last week.Bizarri, the former head of handbag maker Bottega Veneta, was put in charge of Gucci replica handbags in early 2015 and pushed through a style overhaul under designer Alessandro Michele, which has ended two years of falling sales.
Gucci believes that over the medium term its new image will allow it to grow more than twice as fast as the luxury market, which Bain & Co expects will grow by 2pc to 3pc.In slides released on Friday, Gucci also said it was targeting €6bn in sales over the long term, compared with €3.89bn last year.Bizarri said sales in renovated stores had seen double-digit growth since March. He said demand growth was very strong in Europe, the US and China and sales in its Paris stores were up 10pc since January, despite the November attacks that scared off some tourists.
Sales of handbags replica at full price are up 7pc since January, ready-to-wear sales are up 66pc and shoes sales are up 46pc, according to figures released at an investor day on Friday.Bizarri said that Gucci wants to attract new clients, notably the fickle and ultra-connected ‘millennials’, and has broadened its range with entry-level leather goods, jewellery and scarves.
Gucci’s replica handbags ready-to-wear is drool-worthy, for sure, but it’s the accessories that have turned us from sane, functioning adults to crazy bag (and loafer) ladies. Of course, we wouldn’t expect anything less from Alessandro Michele, the current Gucci creative director and former head accessories designer. When he presented his debut fall 2015 collection, he did so with a whole new range of accessories, including an introduction to the soon-to-be (if not already) classic Dionysus handbag replica. This masterpiece serves as a time warp between the past and the future, capturing the brand’s heritage with the iconic double-G “Supreme” monogram, but with a modern touch (an indicator of Gucci’s new direction with Michele at the helm) through hand-painted florals and whimsical embroidered patches.
Boxy in shape with a slim build, complete with a double tiger head-ended horseshoe closure (a reference to the Greek god Dionysus, btw, who transformed into a tiger to carry a nymph across the river), the Dionysus has been reinvented multiple times over since its debut
Now, Michele has taken it one step further with the launch of a DIY service, in which die-hard Gucci outlet fans (cough, us) can personalize their Dionysus purses (only large and medium) with a buffet of embroidered patches (including but not limited to: butterflies, bees, dragonflies, snakes, and peonies), trims, hardware, and monogrammed initials gucci replica handbags (with the option to bling them out with Swarovski crystals). It falls right in line with Michele’s design philosophy, which is “that the way you dress is how you feel, and that men and women should feel authentic and free in the expression of themselves.”
With endless combos, placements, and possibilities, it’d be hard not to express yourself. The do-it-yourself attitude is also a nod to punk, a sub-culture that stems from freedom of expression. As of now, the service is only available at the brand’s flagship store in Milan on Via Montenapoleone, but it will be rolled out to major cities around the bags replica world (and fingers crossed, hopefully online). Eventually, you’ll also be able to happily customize Gucci’s Ace sneakers, the loafer slippers, and ready-to-wear pieces for men and women.
Ugh, we can’t wait. If you happen to be in Milan (lucky!), stop by the Gucci flagship store to personalize your Dionysus purse. And if you’re not, well, the least we can offer you is a scroll through some major Gucci-laden eye candy: the Dionysus purse customized in infinite ways.
There is definitely something that can be done, and today I’m going to surprise you with my advice: You should take the bag to a leather repair shop posthaste. Discolored leather is a fairly easy fix, and the repair will likely not cost you terribly much money.
I’m sure you didn’t expect a cleaning expert to say “Send it to the professionals,” right? You probably thought I was going to list some sort of miracle product that you can order from Amazon, slap on your bag replica, and declare victory. And I’ll certainly give you that type of answer, because they don’t pay me to write “Send it to the professionals,” but in all honesty, that’s what you should do, and I do gucci replica handbags get paid to be super honest with you.
So there’s my professional opinion: Your bag will be totally fine, just as good as new, in fact, and all you need to do is find a reputable leather repairer in your area. Emphasis on “reputable!” A good way to find a reputable leather repair shop is to either ask the most stylish woman or man you know if they have a recommendation. Another good way gucci replica handbags is to call a local store that sells high-end leather goods and ask them who they use. You can, of course, peruse Yelp reviews, but that’s a less trustworthy source than my first two suggestions, though certainly an option.
The first thing I did was to look up the Coach Leather Cleaner that was used on the bag to see if I could figure out why it caused discoloration (I do agree that it was more likely the cleaner, rather than gucci bags sale the beer, that caused the staining). The description of the damage, that the black leather appeared to be an almost metallic rust color, tells me that there was, in essence, a color loss situation. Because of that, it’s likely that an acidic substance was the culprit — when an acid comes in contact with dark materials, it can cause a patch of color loss that renders it a rust-like hue. Now, it could have been the beer that caused it, since beer is also gucci replica handbags acidic, but since you did so much wiping to remove the beer, and you didn’t notice the discoloration before you applied the leather cleaner, I feel more confident in pointing the finger at the cleaner.
In researching the leather cleaner, I found a list of leathers and other hides that the product may and may not be used on; I found instructions for use; I did not find a list of replica gucci bags ingredients. Humph. Without a list of ingredients, I can’t determine if the cleaner is acidic or alkaline. Dead end.
Next, I considered the reversal of the color loss. That’s actually fairly simple and something you could certainly do at home; the way to do replica gucci bags that is to use a very good black shoe polish like Meltonian, which gets the nod as the best high-end shoe polish in our guide to the best shoe care products, to restore the color. If you choose to go that route, use an old T-shirt to apply a verrrrrrrrrrrry tiny amount of the polish, like, be so sparing with it that you begin to refer to yourself replica gucci bags in the third person as Scrooge McDuck, just really be a total cheapskate with the stuff. And here’s why: The overuse of shoe polish on a leather handbag can stiffen it up in a way that makes the bag feel less supple than it should. Once the polish has been applied, buff it thoroughly with a soft cloth and apply a small amount of leather conditioner to the entire bag.
By now, I’m gonna guess that you already understand why my advice is to take the bag for professional restoration replica gucci bags and cleaning: While it’s easy enough to get black shoe polish, the technique is wildly important, and someone who is trained to work with leather goods will understand the soft touch this particular bag needs.
There’s a broader point to be made about the care and keeping of luxury goods, and I’ll leave you on this high note: You should replica gucci bags absolutely use and enjoy your beautiful and pricey belongings, and you should not despair when life happens to/on/around them — that’s life! And just as you should enjoy your good things, you should also not hesitate to use a specialist to help you care for them. You know what’s even more grown-up than owning a Gucci bag? Taking that Gucci bag to a specialty replica gucci bags repair shop for regular and emergency maintenance. Your bag will thank you for it (and your husband never has to know!).
Gucci outlet maintains its spot as the number one handbag replica brand of choice for uk women this year, according to a recent survey that found it just barely beat out Chanel and Prada.
A report by RBC Capital Markets based on a survey of 411 uk women found that Gucci came in first as the handbag brand they most intended to purchase within the next year, listed by 50 percent of respondents. A total of 70 percent of those surveyed said they own between two and five high-end handbags outlet. It dominated the shoes category as well after being named by 70 percent of respondents. The Italian brand also came in first for last year’s survey by the firm, which questioned 303 uk women planning to spend at least US0 on a handbag in the coming year.
The top factors influencing their decision were design, brand reputation, and fashion appeal. In addition, shopping experience and price were listed as secondary concerns. The optimal price listed was between US,900 to ,850, according to the report.
Gucci’s new design direction and extensive marketing efforts in China have prompted a comeback in recent years. At the New York Times Luxury Conference in the spring this year, Gucci CEO Marco Bizzarri said that the Gucci logo was still stylish for uk consumers despite a general “logo fatigue” trend in the market. “The Chinese are buying back into Gucci after many months of decline. No one is ashamed to show a GG belt,” he said.
As part of Gucci’s creative turnaround, it sponsored an exhibition at the Minsheng Art Museum in Shanghai in 2015, where it displayed Gucci products alongside Chinese contemporary art. Luxury brand-sponsored art exhibitions and collaborations with artists have been a popular way for brands to increase their cachet in China.
Chanel came in a close second place for handbags replica, with 49 percent listing the French label, but came out on top for ready-to-wear clothing (55 percent). Meanwhile, Prada was second for shoes and Gucci was the runner-up for clothing. The additional three handbag brands in the top five were Prada, Louis Vuitton, and Hermès, respectively. Louis Vuitton came in third for shoes, followed by Miu Miu in fourth and Salvatore Ferragamo in fifth. Third, fourth, and fifth for clothing were Prada, Louis Vuitton, and Giorgio Armani.
While these brands dominated overall, consumers under the age of 34 surveyed had a very different top five list for handbags outlet: Mulberry, Miu Miu, Alexander McQueen, Alexander Wang, and Givenchy. Out of those surveyed, 90 percent were between the ages of 25 and 44.
In an earlier 2016 survey by the Hurun Report on Chinese HNWIs’ luxury preferences, Chanel took the top spot as the favorite label for both fashion and accessories for women.
Handbag and lifestyle brand Edie Parker has opened a 1,000-square-foot store located at 781 Madison Avenue, near 66th Street. In addition to Parker’s signature acrylic clutches, the store features suede handbags, wicker basket bags and the brand’s lifestyle collection of home products.
Brett Heyman, who founded Edie Parker in 2010, had an affinity for midcentury style and collected vintage handbags from the Fifties and Sixties from the time she was a little girl. She said was inspired to start the company when she could no longer find the clutches in vintage and second-hand stores. At the time, Heyman was working in the public relations department at Gucci replica handbags and pregnant with her first child, a girl, whom she named Edie.
“I realized that nobody was focusing on evening as a category,” Heyman said. “I wanted to do something fashion-forward and irreverent. People replica gucci bags collect the clutches and get them personalized to mark milestones.”
Bespoke products, which launched in 2012, account for 25 percent of Edie Parker’s business. There are more than a dozen color choices for the Flavia clutch, for example, including red, ocean, orange, green, nude and steel cheap gucci sale pearlescent; silver and gold confetti; glow in the dark, and smoke gray, bubblegum pink and cornflower blue. Shoppers can choose the shape, background color, text color and hardware. Lettering is available in cursive and print, and shadow lettering can be used. The Flavia, with double-sided text and shadow lettering, is ,195. Prices for the clutches start at 5, with most selling in the 5 to ,485 range.
“People say all kinds of things on their bags,” Heyman said. “We’ve had ‘Divorced,’ phone numbers and nicknames. Bridal is a big market for customization. Brides put their married names in gold or silver confetti on the clutches. They’ll also do Mrs., Wifey and Mama.”
Rebel Wilson carried an Edie Parker clutch that read “Rebel Rebel” to an event. Irreverent terms such as #IDGAF and LSD adorn clutches in the store.
“We pour flat sheets of acrylic that are cut on wood forms,” Heyman said. “It’s unlike less-expensive methods such as gucci replica handbags injection molds. Acrylic is a luxury material. It takes about two days to create a clutch.”
New designs feature a cherry motif in red and green pearlescent on white, ,495; obsidian sand clutch with glow in the dark solar system, ,395, and blush clutch decorated with a dragonfly, watermelon and strawberry, ,295.
Edie Parker’s home collection bowed in May of 2016 and includes striped trays, 5 to 5; coaster sets, 5 to 5; vanity trays, 5 to 5; place mats, 5, and jewelry boxes, with the word “Jewels,” 5. There’s also card cases, cell phone cases and hand-stitched napkins. Heyman plans to introduce jewelry this summer and after that, eyewear. She said she hasn’t exhausted the possibilities for handbags. “We haven’t even scratched the surface,” she explained.
Handbags made of soft materials such as gucci replica handbags suede were a departure for Heyman. The Ace model, which comes in black, gray and moss, has marbled acrylic top handles and a detachable leather strap, ,295. The Lily woven straw handbag is available with a leather drawstring top, ,494, or suede, gingham and floral tops, 5.
Heyman describes the store as “Gio Ponti meets Gloria Vanderbilt,” referring to the cool modernism of the former, and whimsical, artfully mismatched style of the latter.
Designed by Studio Muretto, the store has dip-dyed wood panels lining the walls, Paul McCobb chairs covered in Pierre Frey’s Arlequins gucci replica handbags fabric, mushroom lamps, Danube marble floors and tables made from pieces of acrylic and edged in brass. Two photos of Edie Sedgwick, the troubled socialite and Andy Warhol model hang opposite Pop artist Alex Israel’s self-portrait. A life-size gucci replica handbags ostrich sourced from a prop supply house inhabits the window surrounded by cheap gucci sale dangling golden eggs. “Her name is Feather Locklear,” Heyman quipped.
Will it be a replica Gucci Signature leather tote or a Givenchy Antigona braided satchel? For affluent UK women, the choice is clear when it comes to spending big on a luxury handbag.
Gucci outlet is the first choice of around half the UK women looking to buy a luxury handbag in the next 12 months, according to a survey by RBC Capital Markets. The storied Italian fashion house was favored when those surveyed were asked to pick five brands they would consider purchasing from a list of 28 high-end labels. Chanel was a very close second at 49%, while Prada and Louis Vuitton weren’t far behind at 46%.
Given the “fame” of the brand is viewed as key when it comes to splurging on a high-end bag, it’s little surprise that marquee names top the list of those most coveted by women earning over CNY450,000 a year. The history and reputation of a label also have very strong bearing. UK consumers are eager to showcase their newfound wealth following the multi-decade boom in the world’s second largest economy, and a simple way for women to do so is to carry the most recognizable of luxury brands. While Salvatore Ferragamo and Loewe also sell handbags in the same price range as replica Gucci handbags and Prada, the two labels – which aren’t as conspicuous in China as the latter pair – each received only 5% or less of votes.
Despite the strong influence of brand power, it was the design of a handbag that ranks as the number one selection criteria. Affluent UK women tend to prefer highly recognizable designs, such as the emblematic prints of Louis Vuitton and Gucci outlet, to the understated designs of brands such as Bottega Veneta and Celine. Bottega Veneta and Celine both ranked outside of the top 10. It’s also important for labels to regularly refresh the catalogue to attract shopper interest, although the survey also found that classic leather handbags by the likes of Hermes and Louis Vuitton enjoy plenty of staying power in China.
While price is a less important consideration than brand or design, it has become a more influential factor than a year ago as China’s economy slows. Brands at the top end of the price spectrum, such as Hermes and cheap Gucci, have seen the greatest declines in the percentage of votes compared to a year ago, while mid-tier labels such as Burberry and Fendi have enjoyed the biggest gains. And just how much do affluent Chinese women want to fork out for a handbag? Around half of survey respondents were looking for something in the range of CNY12,500 to CNY20,000.
There is also a generational difference in tastes, with millennials favoring trendier brands. After excluding respondents over the age of 34, the most popular brands – Gucci replica, Chanel, Prada and Louis Vuitton – all dropped to the bottom half of the rankings, while trendier labels Mulberry, Miu Miu and Alexander McQueen rose to the top three spots. Higher-end brands with less conspicuous designs such as Bottega Veneta also moved noticeably up the rankings.
Gucci is reliving the boom years it enjoyed under Tom Ford with a combination of colorful designs and digital prowess, driving gucci replica handbags a stellar quarter for parent Kering SA that pushed its shares to a record high.
New creative director Alessandro Michele has turned to a candy-shop assortment of styles featuring whimsical prints and sequins to revive Gucci’s sales, which grew at the fastest pace in 20 years in the first replica gucii bags quarter. The new aesthetic is a far cry from Ford’s slinky dresses and high glamor that came to redefine fashion in the late 90s, but fans are snapping the new offering up bags replica in droves from its stores and, especially, online.
“They were really great at rejuvenating the offer while sticking to the heritage of the brand,” said Marco Pozzi, senior retail analyst at ContactLab. “They really did a masterpiece on this.”
It’s the latest of several revivals for a mercurial brand founded in Florence in 1921 by Guccio Gucci. Popular in the 1960s and 70s for its colorful floral patterns, the company fell on hard times in the 1980s amid family disputes before a revival under Ford, whose rejuvenation of the label led to cheap gucii sale the 2001 purchase of a controlling stake by the precursor to Kering. For about a decade after Ford’s 2004 departure, Gucci struggled to keep up momentum under the husband-and-wife gucci bags replica duo of designer Frida Giannini and then Chief Executive Officer Patrizio di Marco.
Paris-based Kering’s shares rose as much as 11 percent Wednesday after the company reported growth far above analysts’ estimates, driven by a 48 percent year-on-year increase in comparable sales at Gucci.
Like other luxury houses, Gucci has benefited from a rebound in demand in China after several subdued years that followed a crackdown on corruption, as well as a revival in European tourism.
The brand has been more effective than many rivals at building its digital offering, redesigning the website and adding more products since Marco Bizzarri became CEO in January 2015. It posted an 86 percent increase in online sales in the first quarter, fueling a 60 percent increase in e-commerce revenue for Kering’s luxury division.
Gucci partnered with online wholesalers, designing exclusive capsule collections for Net-a-Porter, and it’s introducing 90-minute rapid delivery in partnership with Farfetch in 10 cities this fall. The label is also investing in store renovations while cutting back slightly on selling space in an effort to increase the productivity of its retail outlets.
“We see the key drivers being the revitalization of the product, notably the gucci replica handbags across all price points, the benefits of the store refurbishments to sales densities and e-commerce on the new Gucci.com,” analysts at UBS said in a note.
While Ford, who left the label in 2004, was known for slinky satin and velvet and plunging necklines, Michele’s designs have featured embroidered appliques on top of classic Gucci patterns, supplemented by colorful and sometimes cartoonish animal and garden motifs. The new designer was appointed by Gucci CEO Bizzarri in 2015 after the brand’s sales flattened.
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