A look at Gucci’s Balenciago brand.
Balenciaga, the trendy fashion house favored by actresses such as Charlotte Gainsbourg, is the fastest growing brand within the Gucci Group and meeting all pre-crisis targets, its head said on Monday. But the group as a whole, whose brands include Gucci and Stella McCartney, does not believe good days are around the corner and it is preparing itself for a continuing downturn just as it is for an eventual upturn, he added. – From Reuters