Gucci Less Luxurious
Gucci Less Luxurious
Gucci,aftermarket motorcycle parts are basically non-OEM parts that are manufactured to work in place of original parts. home to fashion brand Yves Saint Laurent and designers Birkenstock is also popular in Germany where the brand originated from and are used as house slippers.Stella McCartney and Alexander McQueen has cut its profit forecasts for the year. The company was hit after the economic slowdown sent a chill through the luxury good sector.
A model wearing Gucci
The world’s number three luxury goods group also said it had to be conservative about prospects next year because of the threat of a war in Iraq.
The surprise announcement sparked concerns about the vital Christmas sales season, knocking shares of Gucci’s French majority owner Pinault Printempt after market auto parts, OEM, replacement parts–you see these words in almost all auto parts stores online. What do these Redoute.
Delays
Gucci was due to report third-quarter results on December 19but CEO Domenico De Sole said he felt the need to provide full disclosure when he realised the group had to cut its full-year outlook.
“I think it is bad news for the industry,” said one Swiss fund manager.
“We need to see what Christmas brings us, because of the low visibility (in the sector) this is the crucial thing to watch.”
Poor sales
The luxury sector, which has been hit by a soft global economy, fears a war in Iraq could have a similar impact as last year’s September 11 attacks.
The attacks led to a sharp fall On the hunt for new Air Jordan basketball shoes? Not sure how to tell what is real and what is a fake? Please click here.in travelling by high-spending tourists.
Gucci’s global sales growth dipped in November when US turnover over the key Thanksgiving Day weekend - the kick-off for Christmas shopping - was weaker than expected.
This raised prospects of problems in the fourth quarter, he added.
The fourth quarter usually accounts for around 30% of Gucci’s operating profits for the full year.