EZZY TEAM

Gucci
Gucci logo.gif
Type
Subsidiary
Industry Fashion
Founded 1921; 97 years ago
Founder Guccio Gucci
Headquarters Florence, Italy
Number of locations
550 (2014)
Key people
Marco Bizzarri
(CEO)
Alessandro Michele
(Creative Director)
Revenue US$ 4.3 billion (2016)[1]
Parent Kering
Website www.gucci.com
Gucci (/ˈɡuːtʃi/, GOO-chee; Italian pronunciation: [ˈɡutt͡ʃi]) is an Italian luxury brand of fashion and leather goods, which is owned by the French holding company Kering.[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.[10]