In 2023, Gucci, the renowned Italian luxury fashion brand, welcomed a new chief designer at its helm. De Sarno, a 42-year-old Italian minimalist, took over as Gucci's chief designer, succeeding Alessandro Michele, one of the towering figures of the fashion industry. With this transition, Gucci entered a new era under the leadership of De Sarno, who brought his unique vision and expertise to the brand.
Gucci, founded in 1921 by Guccio Gucci, has a rich legacy and heritage that has made it a global powerhouse in the fashion industry. Despite its long history, Gucci has managed to stay relevant and innovative, continuously evolving to meet the demands of the modern consumer. With De Sarno at the helm, Gucci is poised to continue its legacy of excellence and creativity.
Is Gucci still family-owned?
Gucci is no longer a family-owned business. Over the years, the ownership of Gucci has changed hands multiple times. In 1993, Gucci was acquired by the French luxury group Kering (formerly known as PPR), marking a significant shift in the brand's ownership. Since then, Gucci has been a part of the Kering portfolio, alongside other prestigious fashion brands.
Owner of Gucci net worth
As of the latest available information, the net worth of the owner of Gucci, Kering, is estimated to be in the billions. Kering, under the leadership of its chairman and CEO, François-Henri Pinault, has a diverse portfolio of luxury brands, with Gucci being one of its crown jewels. The success of Gucci has contributed significantly to Kering's overall net worth and standing in the luxury goods market.
Brands owned by Gucci
Gucci, under the umbrella of Kering, is part of a prestigious portfolio of luxury brands. Some of the other brands owned by Kering include Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, and more. Each of these brands brings its unique identity and style to the Kering group, contributing to its success and global influence in the fashion industry.
François Pinault net worth today
François Pinault, the chairman and CEO of Kering, is a prominent figure in the luxury goods industry. As of today, François Pinault's net worth is estimated to be in the billions, reflecting his success in building and expanding the Kering empire. With a keen eye for talent and a strategic vision for the company, Pinault has played a pivotal role in the growth and success of Kering and its portfolio of luxury brands.
Who is Gucci owned by?
Gucci is owned by Kering, a French multinational luxury group. Kering acquired Gucci in 1993, marking a turning point in the brand's history. Since then, Gucci has been a key asset within the Kering portfolio, contributing to the group's overall success and stature in the luxury fashion market. Under Kering's ownership, Gucci has flourished and solidified its position as one of the most iconic and influential fashion brands in the world.
Who owns Gucci today?
Today, Gucci is owned by Kering, under the leadership of François-Henri Pinault. Kering's ownership of Gucci has been instrumental in the brand's growth and success over the years. With a strong commitment to creativity, sustainability, and innovation, Kering has supported Gucci in its endeavors to push boundaries and redefine luxury fashion for a new generation of consumers.
Is Balenciaga owned by Gucci?
Balenciaga is also a part of the Kering group, alongside Gucci. While Balenciaga and Gucci are both prestigious luxury fashion brands, they operate as separate entities within the Kering portfolio. Each brand has its unique identity, design aesthetic, and target audience, contributing to the diversity and strength of the Kering group's luxury offerings.
Gucci largest shareholders
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