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Real estate

Kering on why luxury retail still needs real estate

November 25, 2019

Boho in SoHo: Gucci's store on 63 Wooster Street in New York that officially opened in May. Image credit: Gucci Boho in SoHo: Gucci's store on 63 Wooster Street in New York that officially opened in May. Image credit: Gucci

 

By Mickey Alam Khan

New players, new locations and new shopping habits have changed the luxury market dramatically in the past five years, but stores remain a destination for shoppers and tourists, according to Gucci and Bottega Veneta owner Kering’s top real estate executive.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Exclusive Resorts purchases Inspirato for $59M
  3. Estée Lauder Cos., Jo Malone launch AI scent advisor
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. WatchBox looks for growth in editorial integration
  6. Audi propels Santa into the future with electric sleigh
  7. Burberry bans exotic skins
  8. Luxury Women to Watch 2017
  9. Dior builds five-story statement flagship in Beijing
  10. Kering to acquire jewelry manufacturer Raselli Franco Group
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