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In 1921, he founded the House of Gucci in Florence [7] [8] as a small family-owned leather shop. [1] He began selling saddles, leather bags and other accessories to horsemen in the 1920s. [ 4 ] During the 1930s League of Nations sanctions on Italy, which led to leather shortages, he innovated by developing a specially-woven hemp fabric from Naples.
In 2023, Kering's annual results declined to 19.6 billion (-4%), mainly caused by the deceleration of Gucci's streak, a transition phase according to the group's executives. [38] That same year, Kering acquired the fragrance company Creed , [ 39 ] 30% of the fashion house Valentino , [ 40 ] and Kering Beauté was launched to manage in-house the ...
In 2009, Italian luxury brand Gucci accused Guess of counterfeiting and trademark infringement on the Gucci logo and the interlocking G's which appear on pairs of Guess shoes. In 2012, Gucci was awarded $4.7 million in damages; originally, the Italian brand had asked for $221 million. [25]
Balenciaga (/ b ə ˌ l ɛ n s i ˈ ɑː ɡ ə / bə-LEN-see-AH-gə, [1] Spanish: [balenˈθjaɣa], Basque: [balents̻i.aɣa]) is a Spanish luxury fashion house headquartered in Paris.It designs, manufactures and markets ready-to-wear footwear, handbags, and accessories, and licenses its name and branding to Coty for fragrances. [2]
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Paolo Gucci (29 March 1931 – 10 October 1995) [2] was an Italian businessman and fashion designer. He was the one-time chief designer and vice-president of Gucci. [3]
Valentino was founded in 1960, when Garavani opened a fashion house on Via Condotti in Rome, Italy, with the backing of his father and his father's associate Giancarlo Giammetti. [ 4 ] Rise to popularity
Goop Gwyneth Paltrow’s Goop Magazine, an extension of her wellness brand, made its debut in 2017 with the actress as its cover face and advertisers including Gucci Eyewear, Neiman Marcus Beauty ...