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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.
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]
McLaughlin Loud was 26 (b. 1958) at the time of their first meeting; and Gucci, 35 years old. The two met in the Sardinian town of Porto Cervo during the 12-Metre Class World Championship for the upcoming 1987 America's Cup after McLaughlin Loud had joined Maurizio's sailing crew for the event, coaching and teaching Gucci's other crew members.
In 1989, a year before his death, Aldo sold his Gucci shares to Investcorp. [8] That same year, Maurizio was made chairman of the Gucci group following a nearly six-year legal battle for control over Gucci. [13] [11] Maurizio did not have a background in business, and the business was in a dire economic and creative strait by 1993. [11]
Gucci began her career in the early 1980s as the international public relations representative for the Gucci family business. In this role, she opened 13 Gucci shops globally, also worked as a designer, and organized conferences. She left the company in 1994 after 12 years. [8]
Marco Bizzarri (born 19 August 1962) is an Italian business executive, president and CEO of Gucci since January 2015 till December 2023. [1] He previously was president and CEO of Stella McCartney (2005–2009) and Bottega Veneta (2009–2014), and joined Kering's executive committee in 2012.
Polet spent most of his career at Unilever as the president of the ice cream and frozen foods division of the company prior to accepting the CEO position at Gucci.Due to the stark differences between the industries, when Polet took the reins of Gucci in July 2004, he was received with much skepticism and doubt in the fashion industry and was the target of several jokes in the media.
In January 2018, LVMH announced record sales of 42.6 billion euros in 2017, up 13% over the previous year, as all divisions turned in strong performances. In the same year, the net profit increased by 29%. [31] On 1 November 2018, co-founder Alain Chevalier died at age 87. [32]