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In 2024, Forbes estimated Pinault's net worth at $31.6 billion, ... Pinault-Printemps-Redoute purchased a controlling 42% stake of the Gucci Group for $3 billion, ...
French group Kering, the brand behind luxury houses like Gucci, Saint Laurent and Balenciaga, is investing a whopping $963 million in prime New York City property, the company said in a press ...
However, from 2015 to 2022, the group's revenue was essentially driven by Gucci's year-on-year high performance, hitting the 10-billion dollars sales mark in 2022. [34] The group divested its interests in Stella McCartney in 2018, [ 35 ] Christopher Kane in 2019, [ 36 ] and its entire watch division (Girard-Perregaux and Ulysse Nardin) in 2022.
Guccio Gucci was born in Florence, Tuscany on 26 March 1881. [1] He was the son of Tuscan parents, Gabriello Gucci, a leather craftsman from San Miniato, and Elena Santini, from Lastra a Signa. [2] [3] As a teenager, in 1899, Guccio Gucci worked at the Savoy Hotel in London.
MILAN — Gucci has confirmed its top position in the BrandZ 2022 Top 30 Most Valuable Italian Brands ranking by Kantar, which measures the value of brands by combining financial data with brand ...
The brand's iconic "Burberry Check"—which it has used to design ... We found the 50 best Christmas gifts for women in 2024. AOL. ... These are the only Amazon deals worth shopping this weekend ...
Ford saved Gucci from near bankruptcy and transformed it into a fashion powerhouse. [34] [115] His decade as the creative director was hailed as a "golden era" for Gucci. [116] He turned the brand around, replacing the "grunge look" with "sexy, yet sophisticated, clothes". [115] [117] He is known for his bold designs. [118]
François-Henri Pinault (French: [fʁɑ̃swa ɑ̃ʁi pino]; born 28 May 1962 [1]) is a French businessman, the son of billionaire François Pinault.François-Henri took the reins of his father's retail conglomerate Pinault-Printemps-Redoute in 2005, and turned it into the luxury group Kering (Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta) in 2013.