How Gucci Became Popular

How Gucci Became Popular

$PPRUY Gucci, a unit of Kering (OTCMKT:PPRUY) has consistently been idolized and promoted by big rappers in the industry. Founded in 1921 and initially specializing in leather goods, Gucci has been referenced by rappers since the very beginning of hip hop. Outkast did it, Ghostface Killah too. Atlanta rapper Radric Davis went as far as […]

China Luxury Sales Rebound as Millennials Spend

China Luxury Sales Rebound as Millennials Spend

China Luxury Sales Rebound as Millennials Spend $LVMUY, $PPRUY, $BBRYF  China’s luxury goods market is back in fashion A new China is emerging with new consumers that were not there 5 years ago that have different profiles, different expectations and different tastes. Domestic sales of Gucci handbags to Chanel cosmetics, sluggish in China for years, […]

Luxury Stocks Rally, Heightened Spending Goes Global

Luxury Stocks Rally, Heightened Spending Goes Global

Luxury Stocks Rally, Heightened Spending Goes Global $RACE, $PPRUY, $MAR, $HLT, $AXP The rise of Chinese middle class is helping drive luxury ownership trend. Investors have driven up the price of luxury-brand stocks around the world, expecting opulent consumption to increase amid the global economic recovery, high stock prices and the growing ranks of the […]