Gucci looks to reverse COVID slump with new stores on Alibaba's luxury site

Gucci looks to reverse COVID slump with new stores on Alibaba's luxury site

Photo: Johanne Kristensen / Unsplash

Fashion label Gucci will open two flagship stores on Alibaba’s online luxury shopping platform, underscoring the importance of the Chinese market for high-end brands seeking to reverse a revenue slide due to the coronavirus pandemic.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter