Offered without comment:
Gucci, the Italian brand owned by Paris-based PPR SA, and Burberry Group Plc, the U.K.’s largest luxury retailer, are targeting status-conscious parents with $340 fur-lined suede infant boots, a $375 baby cashmere outfit and a girl’s double- breasted gabardine trench coat retailing for $750.
Children’s wear accounted for 5 percent of Burberry’s 1.28 billion-pound ($2 billion) sales last year and may double to 10 percent “over time” . . . .