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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.
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. [35] The group divested its interests in Stella McCartney in 2018, [36] Christopher Kane in 2019, [37] and its entire watch division (Girard-Perregaux and Ulysse Nardin) in 2022. [38]
Gucci is expanding its presence in the esports arena through a collaboration with 100 Thieves, a Los Angeles-based apparel and gaming brand, that drops today. The Italian luxury brand has created ...
Gucci added a 209 Worth Ave. store and offices in the early 1970s and eventually expanded to a multi-store complex at 256 Worth Ave, rechristened the Gucci Building in 1974 with the company’s ...
At one point, Ford was the largest individual shareholder of Gucci stock and options. By 1999, the house, which had been almost insolvent when Ford joined, was valued at more than $4 billion. [27] When Gucci acquired the house of Yves Saint Laurent (YSL) in 1999, Ford was named Creative Director of that label as well. [28]
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.
In February 2001, Gucci a subsidiary of Kering, acquired Bottega Veneta for $156 million. [15] Patrizio di Marco was appointed CEO and Tomas Maier creative director. [16] In 2002, the brand launched a fashion jewelry line, followed by a fine jewelry line in 2006. [17] By 2005, the company was profitable again. [18]
Tom Ford departed his position as creative director at Gucci in 2004 [4] and founded his own eponymous label in April 2005. [5] The Tom Ford retail brand concept, described as the first true luxury brand of the 21st century, began in 2004 as a venture between Ford and his business partner Domenico de Sole with the launch of a cosmetics line. [6]
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