Luxury consumption: Gucci’s response to recession

In my earlier blog in July (http://pauravshukla.blogspot.com/2008/07/luxury-consumption-will-it-really-be.html) I had stated that Luxury consumption will not affected as much globally by this recession. However, within the last six months the market performance of luxury companies has made analysts shift from one end of the pendulum to another. As many consumers look to cut costs for all [...]

Written on January 13, 2009 | Posted in Blog | 1 comment