The success is evident on Bond Street, where Wendi Liu, a visitor from China, joined the line outside the Gucci store, accompanied by her older sister. She already had three Gucci handbags, and added that every time she went abroad she visited the local Gucci store. Customers like Ms. Liu and Ms. Vega are propelling a resurgence for Gucci and its parent company. PhotoThe results paint a markedly more positive picture than previous years for European luxury companies. Those on top are the brands who have recognized that.”The success of European luxury giants stands in contrast to their rivals across the Atlantic.

Source: New York Times July 28, 2017 22:52 UTC