Gucci Group Korea Ltd in Luxury Goods (South Korea)
The company lost brand power as its coveted image came under pressure from luxury brands like Chanel and Louis Vuitton. With growing logo fatigue, South Korean consumers considered Gucci’s logo-covered products to be outdated. However, in 2016, the brand sought a breakthrough via design renovation with its new creative director. While it is uncertain whether the company can turn around the brand’s sales performance, Gucci has received positive feedback on its new collections.
Euromonitor International Local Company Profiles are a concise set of briefings detailing the strategic direction taken by a company. Discover key contact details, the company background and their competitive positioning through this collection of snapshot company profiles.
Product coverage: Designer Apparel and Footwear (Ready-to-Wear), Fine Wines/Champagne and Spirits, Luxury Eyewear, Luxury Jewellery, Luxury Leather Goods, Luxury Portable Consumer Electronics, Luxury Timepieces, Luxury Writing Instruments and Stationery, Super Premium Beauty and Personal Care.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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