Gucci to Join Alibaba’s Luxury E-Commerce Site

Kabar Medsos – Fashion label Gucci will open two flagship stores on Alibaba’s online luxury shopping platform, underscoring the importance of the Chinese market for high-end brands seeking to reverse a revenue slide due to the coronavirus pandemic. Gucci, the profit engine of French group Kering, is one of the most prized names to join the Tmall Luxury Pavilion platform, which was created in 2017 and now boasts more than 200 brands ranging from apparel to high-end cars. Gucci’s first flagship store, selling fashion and leather goods collections, will open…

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