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Gucci

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Gucci
Company typeSubsidiary
IndustryFashion
Founded1921; 103 years ago (1921)
FounderGuccio Gucci
Headquarters,
Italy
Number of locations
550+ (2014)
Key people
Marco Bizzarri
(CEO)
Alessandro Michele
(Creative Director)
RevenueUS$7.1 billion (2017)[1]
ParentKering
Websitewww.gucci.com

Gucci (/ˈɡi/, GOO-chee; Italian pronunciation: [ˈɡuttʃi]) is an Italian luxury brand of fashion and leather goods.[2][3][4] Gucci was founded by Guccio Gucci in Florence in 1921.[5] Gucci generated about €4.2 billion in revenue worldwide in 2008 according to BusinessWeek and climbed to 41st position in the magazine's annual 2009 "Top Global 100 Brands" chart created by Interbrand;[6] it retained that rank in Interbrand's 2014 index.[7] Gucci is also the highest-selling Italian brand.[6]

Gucci operates about 278 directly operated stores worldwide as of September 2009, and it wholesales its products through franchisees and upscale department stores.[8] In the year 2013, the brand was valued at US$12.1 billion, with sales of US$4.7 billion. In the Forbes World's Most Valuable Brands list, Gucci is ranked the 38th most valuable brand, with a brand value of $12.4 billion as of May 2015.[9] As of January 2015, the creative director is Alessandro Michele.

History

The founder Guccio Gucci
  1. ^ [1]
  2. ^ Kering, Group. "A new name for a new identity". Kering. Retrieved 1 July 2013. {{cite web}}: |first= has generic name (help)
  3. ^ Vikram Alexei, Kansara (2013-04-03). "Why Did PPR Change Its Name to Kering?". The Business of Fashion. Retrieved 1 July 2013.
  4. ^ "Alexander McQueen and Gucci Group appoint Sarah Burton as Creative Director" (PDF). Gucci Group. Archived from the original (PDF) on 5 February 2011. Retrieved 20 March 2011. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  5. ^ "Gucci – 1920s". www.gucci.com/us. Archived from the original on 13 April 2012. Retrieved 19 March 2012. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  6. ^ a b "The 100 Top Brands: Gucci". Business Week. 2008. Archived from the original on 6 July 2013. Retrieved 19 March 2012. {{cite web}}: Unknown parameter |dead-url= ignored (|url-status= suggested) (help)
  7. ^ bestglobalbrands.com Best Global Brands: 2014 Ranking
  8. ^ Hoover Profile of Gucci Group NV from Answers.com
  9. ^ forbes.com Gucci Accessed 9/3/2015