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Article: Gucci America drops handbag wholesaling.
- Article from:
- WWD
- Article date:
- February 21, 1990
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Copyright informationCOPYRIGHT 1990 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GUCCI AMERICA DROPS HANDBAG WHOLESALING
NEW YORK - Gucci America, Inc., announced Tuesday that it is discontinuing its wholesale distribution of handbags, small leather goods and scarves.
Domenico De Sole, president and chief executive officer of the Secaucus, N.J.-based company, said the firm's decision was part of its new marketing plan. He said, "We've always had a great relationship with the retailer, but we believe our new marketing plans will be better accomplished through Gucci's own stores."
De Sole said the firm will honor its commitments for the current spring-summer collection. He added that Gucci's licensed line of fragrances, from Colonia Inc., Orange, ...
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