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Old 23-07-2008   #11
Spike413
Shady

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Location: New York
Gender: homme
Posts: 12,770

It's not a shock. This article basically sums up what I and many others have been saying four times a year for 2 years now.

I don't think Gucci's been managed well at all, at least not for the long haul. Yes their profits peaked right away, but they sacrificed prestige, cachet and a sense of exclusivity for a quick buck....and after all, what's a luxury fashion label without prestige, cachet and exclusivity?
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