At Gucci, Mr. Polet's new design upends rules for high fashion

Article Abstract:

Robert Polet, Chief Executive Officer of Gucci Group believes high fashion can learn from clothing stores that sell less expensive knockoffs of designer goods and he is encouraging designers to research consumer fashion needs, introducting the dynamc of fashion creation dialogue. These management techniques are reflecting in profits as Gucci Group posted a 13 percent increase in sales to $789 million in the second quarter.

Sales, profits & dividends, Evaluation, Company sales and earnings, Company earnings/profit, Company Profile, Gucci Group

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Revamp may be the new style at Gucci brands

Article Abstract:

With 15 top executives having resigned from the company, Gucci Group, under the direction of chief executive officer Robert Polet, is expected to focus on restructuring of its smaller, less successful labels. Losses at Stella McCartney and Alexander McQueen, as well as several other of the luxury brand's subsidiaries, are also causing concern for Gucci's parent company Pinault-Printemps-Redoute S.A.

France, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Pinault-Printemps-Redoute, Gucci Guccio S.p.A., Textile and clothing industry software, Subsidiaries, divisions and units

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LVMH's new fashion: luxury with restraint

Article Abstract:

LVMH chairperson Bernard Arnault's strategy of fiscal restraint, with a focus on small fashion houses, is resulting in improved profitability. Sales of luxury goods, which had declined after 9/11, are improving.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis, LVMH Moet Hennessy Louis Vuitton S.A., Arnault, Bernard, Company business forecast/projection, Company forecasts

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