It’ll be so weird, in 50 years when Gucci is a cheap Walmart brand.
Already made in the same factory as Walmart shoes. That day is today, only people are paying Gucci price for a shoe made in the same factory.
I wonder if Champion will ever circle back around and return to their former status as a cheap Walmart brand.
I don’t think it’ll take that long
Italian fashion brands have been becoming under heavy pressure over probes by Italian authorities because of labour abuse and exploitation of Chinese migrant workers at subcontractors’ workshops on Italian soil, where the brands produced some of their products. It’s supposedly easier to produce in China, where labour laws are much weaker and workers’ rights are de-facto non-existent.
This effects not only Gucci but more or less all Italian brands.
