Gucci could be Kering’s greatest strength and liability in China
Posted Bya Luxury Daily columnistOn In Apparel and accessories,Featured,Industry sectors | No 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","iv":"2a7ef8f75865a70ed2806f3fb01baf38","s":"5e0bab877580b43b"}
Gucci entered the mainland China market in 1997. Image credit: Shutterstock