Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackGucci is an Italian high-end luxury fashion house based in Florence, Italy. Its product lines include handbags, ready-to-wear, footwear, accessories, and home decoration; and it licenses its name and branding to Coty, Inc. for fragrance and cosmetics under the name Gucci Beauty.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackReduced revenues in Russia in 2022, Gucci is owned by Kering, which have also scaled back operations.