Gucci Mayfair bottom Q3 sales lost to LVMH Group
Earlier this week, the biggest competitor with the LVMH Group reported sales data compared to, Gucci Group’s sales data poor. LVMH said that China’s demand for LV handbag brand “very big”, which is driving the company’s third-quarter sales of fashion and fur commodities profit rose 5.3% and made up a smaller brands such as Fendi’s weak performance in the negative impact.
Bernstein’s Solca said: “LV In China and other fast-growing market, than the Gucci Group, one step ahead.” PPR today’s report showed, Gucci Group for this quarter, including the Greater China region including Hong Kong, sales rose 37% , Solca that LV in the region, market share higher than 19% of Gucci.
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