Luxury market loses oomph
Updated: 2015-01-20 15:28
By Shi Jing(chinadaily.com.cn)
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No 3 Gucci
Gucci, part of the Gucci Group, is an Italian fashion and leather goods brand. Gucci was founded by Guccio Gucci in Florence, Italy, in 1921.With beginnings at the end of the 19th century, the Gucci company became one of the world's most successful manufacturers of high-end leather goods, clothing, and other fashion products. With relatively more accessible price, buying a GUCCI handbag has become an affordable luxury for many Chinese women.
A pedestrian uses her mobile phone in front of a store of luxury brand Gucci in Chongqing, China, 14 December 2013. [Photo/dfic.cn] |
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