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Gucci to increase in-house production to reduce turnaround time

It plans to cut use of independent suppliers from 75% to 40%

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A customer in a Gucci store. The Italian brand has bought out 10 local suppliers and says it is closing in on another 10.

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Gucci CEO Marco Bizzarri says lab-grown leather is a potential industry game-changer.

Florence

FASHION powerhouse Gucci is bringing more manufacturing in-house, as luxury firms step up efforts to meet rampant demand from Chinese shoppers with slicker operations.

Gucci, which said last week it could one day overtake LVMH's Louis Vuitton as the world's top luxury...

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