From the New York Times:[For those who don't want to register, use styleforum/styleforum to log in -- J.]
Quote:Robert Polet spent much of his career in business selling mass market products, most recently frozen peas and Popsicles. Now, after a high-fashion makeover, he is about to find out if he can interest the public in $1,000 handbags. Next Tuesday, both the fashion industry, where skepticism about outsiders runs rampant, and corporate investors, with their focus on the bottom line, will be watching intently as Mr. Polet, the new chief executive of the Gucci Group, explains his strategy for the first time since joining the company in July. He has an ambitious target to announce, executives with knowledge of the plans said. Mr. Polet wants to double the sales of Gucci's own brand-name merchandise in the next seven years.