Gucci is one of the most iconic fashion brands in the world. The Italian company has been around for over 90 years, and its products have become synonymous with luxury and style. But who owns this legendary brand? And who are the talented people behind its success? Read on to learn more about the history and ownership of the Gucci brand.
The Gucci brand was founded by Guccio Gucci in 1921 as a leather goods business in Florence, Italy. He began importing leather from London and using it to craft beautiful bags and luggage which he sold in his small shop. Over the years, his business grew rapidly and by 1938, he had opened stores in Rome, Milan, and Palermo. By 1947, the company had introduced their signature double-G logo, which quickly became an iconic symbol of luxury fashion.
In 1953, Aldo Gucci took over as head of the company after his father’s death, and he quickly began expanding its reach worldwide. He opened new stores across Europe—including London—as well as New York City. His innovative designs helped solidify the company’s reputation for high-end fashion that continues to this day.
Today, Gucci is owned by Kering (formerly PPR). It is one of several luxury brands under Kering’s umbrella including Saint Laurent Paris, Balenciaga Paris, Alexander McQueen London and Bottega Veneta Milan. The CEO of Kering is François-Henri Pinault while Marco Bizzarri serves as President & CEO at Gucci itself.
The design team at Gucci is led by Creative Director Alessandro Michele who joined in 2015 after spending 12 years within the company’s design department. Under his vision, Michele has pushed boundaries with statement pieces such as “the Sylvie bag” which features a bold red stripe down its center along with other whimsical accessories like animal-shaped key chains or colorful scarves featuring bold prints reminiscent of traditional Florentine artworks. Other notable designers include Alessandra Facchinetti who was creative director from 2005 – 2008 as well as Frida Giannini who helmed design from 2006 – 2014 before Michele took over her position at the helm of creative direction for men’s collections too.
Gucci has come a long way since its humble beginnings nearly 100 years ago in Florence, Italy—it now stands among some of the most iconic fashion labels around the world today thanks to its focus on quality materials combined with distinct designs that combine heritage styles with modern trends for timeless results that appeal to all generations alike! Its ownership lies within Kering Group under CEO François-Henri Pinault while Alessandro Michele leads up creative direction for both men’s women’s collections since 2015+. With such a strong team leading one of Italy’s most beloved fashion houses into its next century of success there’s no doubt we will continue seeing amazing creations come out from this storied label!
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