This Could Be Why Gucci Is So Successful

Since 2015, Gucci has had a remarkable transformation. Alessandro Michele was named its creative director and he changed up the look and feel of the brand. At around the same time, Marco Bizzari -- former CEO of Bottega Veneta and Kering's luxury couture and leather goods division -- became Gucci's Chief Executive. In a WWD's Apparel & Retail CEO Summit (as documented by Quartz), Bizzarri spoke about why the company was so successful. While he notes that there is no "magic formula," Bizzarri rev...