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View Full Version : PPR’s Gucci Withstanding Recession on $3990 Hysteria Handbags - Bloomberg



NewsWhore
02-19-2009, 09:50 AM
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PPR’s Gucci Withstanding Recession on $3990 Hysteria Handbags (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaGuNNGGZVNp4%26refer%3Deurope&cid=1305597107&ei=OXKdSbKgDZGQmAegmZSKDw&usg=AFQjCNHF02JIpcBvVEcnl_MspNqTnLvaWg)
Bloomberg
Excluding currency swings and acquisitions, Gucci’s sales slipped 0.8 percent, less than Citigroup Inc.’s prediction of a 6 percent drop and Morgan Stanley’s forecast of a 1.7 percent decline. The brand, whose double-G logos and rockabilly fashions are ...


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