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2020 | OriginalPaper | Chapter

7. The Kering Group and Gucci’s Success

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Abstract

Gucci belongs to the Kering Group, which also has other champions such as Balenciaga and Saint Laurent. However, Gucci is the fashion luxury brand of Kering that has been growing worldwide the most in the last few years. This chapter:
  • relies on the Kering Group and Gucci cases to exemplify, analyze and discuss how digitalization shapes the best performing business models of luxury fashion brands;
  • explains how the Kering Group supports his Maisons in the new luxury business model;
  • analyzes how the Gucci’s renewed strategy and business model sustain its extraordinary growth and how the opportunities described in Part 2 apply to this case.

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Literature
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go back to reference Donzé, Pierre-Yves.2018. The birth of luxury big business: LVMH, Richemont and Kering. In Global Luxury, 19–38. Singapore: Palgrave. Donzé, Pierre-Yves.2018. The birth of luxury big business: LVMH, Richemont and Kering. In Global Luxury, 19–38. Singapore: Palgrave.
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go back to reference Jackson, Tim, and Carmen Haid. 2002. Gucci Group—The new family of luxury brands. International Journal of New Product Development and Innovation Management 4 (2): 161–172. Jackson, Tim, and Carmen Haid. 2002. Gucci Group—The new family of luxury brands. International Journal of New Product Development and Innovation Management 4 (2): 161–172.
go back to reference Kervilera, G, and Rodriguez C. M. 2019. Luxury brand experiences and relationship quality for Millennials: The role of self-expansion. Journal of Business Research. 102 (2019): 250–262. Kervilera, G, and Rodriguez C. M. 2019. Luxury brand experiences and relationship quality for Millennials: The role of self-expansion. Journal of Business Research. 102 (2019): 250–262.
Metadata
Title
The Kering Group and Gucci’s Success
Author
Anna Cabigiosu
Copyright Year
2020
DOI
https://doi.org/10.1007/978-3-030-48810-9_7