Retail in Asia

In Sectors

Gucci re-organises production

Gucci is re-organising its entire production, especially relationship with its third parties, small and medium manufacturers of leather goods.

Gucci will no longer grant exclusive manufacturing rights to third parties, except companies it already owns at least 51 percent. Long time third party suppliers considered until recently ”strategic” will no longer be able to rely on Gucci’s backing through exclusive arrangements.

(Source: cpp-luxury.com)