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Guccio Gucci, S.p.A.

Trade name	Gucci
Type	Subsidiary (S.p.A.)
Industry	Fashion
Founded	1921; 102 years ago
Founder	Guccio Gucci
Headquarters	Via Tornabuoni 73/R 50123 Florence Italy 43°46′16″N 11°15′04″E / 43.7712°N 11.25117°ECoordinates: 43°46′16″N 11°15′04″E / 43.7712°N 11.25117°E
Number of locations	487 (2019)
Key people	Marco Bizzarri (CEO)
Revenue	€9.62 billion (2019)
Number of employees	17,157 (2019)
Parent	Kering
Website	gucci.com

Gucci (, GOO-chee; Italian pronunciation: [ˈɡuttʃi]) is an Italian high-end luxury fashion house based in Florence, Italy.^[1][2][3] Its product lines include handbags, ready-to-wear, footwear, accessories, and home decoration; and it licenses its name and branding to Coty, Inc. for fragrance and cosmetics under the name Gucci Beauty.^[4]

Gucci was founded in 1921 by Guccio Gucci (1881–1953) in Florence, Tuscany. Under the direction of Aldo Gucci (son of Guccio), Gucci became a worldwide-known brand, an icon of the Italian Dolce Vita. Following family feuds during the 1980s, the Gucci family was entirely ousted from the capital of the company by 1993. After this crisis, the brand was revived with a provocative ‘Porno Chic’ props. In 1999, Gucci was acquired by the French conglomerate Pinault Printemps Redoute, which later became Kering. During the 2010s, Gucci became an iconic ‘geek-chic’ brand.

In 2019, Gucci operated 487 stores for 17,157 employees, and generated €9.628 billion in sales (€8.2 billion in 2018).^[5] Marco Bizzarri is CEO of Gucci since December 2014, and Alessandro Michele was creative director from January 2015 to November 23, 2022.^[6] Gucci is a subsidiary of the French luxury group Kering.

History

1921 birth in Florence

The Gucci family claims its origins are rooted in the merchant city of Florence since around 1410. Guccio Giovanbattista Giacinto Dario Maria Gucci (1881–1953) left Florence for Paris, and settled in London in 1897 to work at the high-end Savoy Hotel. While working as a bellhop there, he would load/unload the luggage of the hotel’s wealthy clients, learning about their tastes in fashion, quality, fabrics, and traveling conditions. He later worked four years for the Compagnie des Wagons-Lits, the European rail company that specialized in upscale travel leisure, thus further enhancing his experience with luxurious traveling lifestyles. After World War I, he worked for the maker of fine luggage Franzi.^[7][8]

In 1921, Guccio Gucci bought his own shop on Via della Vigna Nuova in Florence, Azienda Individuale Guccio Gucci,^[9] where he sold imported leather luggage. He also opened a small workshop to have his own leather goods made by local craftsmen. Eventually, a larger workshop had to be acquired to house Gucci’s sixty artisans. In 1935, the invasion of Ethiopia by Mussolini led the League of Nations to impose a trade embargo on Italy. Leather became scarce, pushing Guccio Gucci to introduce other fabrics in the composition of the products, such as raffia, wicker, wood, linen and jute. The rombi motif, a Gucci signature, was created. The Guccis developed a new tanning technique to produce «cuoio grasso«, which became a Gucci trademark. In 1937, Gucci launched its handbags.^[8][7]

Guccio’s wife and children all worked in the shop. Aldo, the son of Guccio, became increasingly involved in the family company since he started working there in 1925. He convinced his father to grow by opening a new shop in Rome (21 Via Condotti) in 1938, and launched more Gucci accessories (gloves, belts, wallets, keychains). During World War II, the artisans of Gucci worked on making boots for the Italian infantry.^[8][7]

The company made handbags of cotton canvas rather than leather during World War II as a result of material shortages. The canvas, however, was distinguished by a signature double-G symbol combined with prominent red and green bands. After the war, the Gucci crest, which showed a shield and armored knight surrounded by a ribbon inscribed with the family name, became synonymous with the city of Florence.

Post-war Dolce Vita

After the war, Guccio Gucci distributed the shares of the company to his three sons (Aldo, Vasco and Rodolfo). In 1947, Gucci launched the Bamboo bag.^[10] The brand launched its first global tagline, Quality is remembered long after price is forgotten. The iconic moccasins (Gucci loafer) were launched in 1952. Guccio Gucci died on 2 January 1953 in Milan. In November 1953, Gucci opened its first US store on 5th Avenue and 58th Street in New York. A second NY shop opened in the Saint Regis Hotel in 1960, and a third on 5th Avenue and 54th Street in 1973, leading the locals to call this NY area «Gucci City».^[7]

In 1961, Gucci opened stores in London and Palm Beach, and launched the Jackie Bag. In March 1963, Gucci opened its first French store near Place Vendôme in Paris.^[7] The double-G logo for belt buckles and other accessory decorations was introduced in 1964.^[11] The Flora scarf was designed in 1966 by Rodolfo Gucci and Vittorio Accornero for Grace Kelly, Princess of Monaco, who became a notable consumer of Gucci products. In October 1968, Gucci opened a store at 347 Rodeo Drive, driving many Hollywood stars to endorse the brand. With the Rodeo Drive opening came the launch of Gucci’s first dresses. Gucci’s breakthrough in the United States led to its global development in Asia (Tokyo opening in 1972, Hong Kong in 1974) and the Middle East.^[7] In Brussels, Aldo’s son Roberto piloted the first Gucci franchised store. By 1969, Gucci was managing ten shops in the United States. 84,000 Gucci moccasins were sold in the US alone that year. US President John F. Kennedy called Aldo Gucci the «first Italian ambassador to the United States».^[8]

Gucci launched a Rolls-Royce luggage set in 1970^[7] and partnered with American Motors Corporation (AMC) to create the Gucci version of the AMC Hornet that was marketed during the 1971, 1972, and 1973 model years. The Gucci Sportabout wagon became one of the first American cars to offer a special luxury trim package created by a famous fashion designer.^[12][13][14] Gucci launched Gucci Perfumes (Il Mio Profumo) and its first watch (Model 2000) in 1972, its first franchised store in the US in 1973, and opened the Gucci Galleria in its Beverly Hills store in 1977, a private art gallery adjoined to the store and reserved to premium clients who were given a golden key to access it.^[7][8] From 1978 to 1984 a Miami-based coachbuilder marketed a Gucci edition of the Cadillac Seville sedan (the 1978 model is exhibited at the Gucci Museum).^[15]

In 1985, the Gucci loafer became part of the permanent collection of the New York Moma.^[16]

1980s Gucci’s family feud

In 1969, Giorgio, the son of Aldo, had sparked the first family feud by launching Gucci Boutique on his own, which was finally reabsorbed by the family group in 1972.^[8] During the 1980s, the Gucci saga eroded the family-held top management of the company and fed the press headlines. Paolo Gucci, son of Aldo, tried to launch the brand Gucci Plus on his own. Aldo was criticized for developing most of the international business under Gucci America, which he owned. In 1982, to ease tensions in the family, the Gucci group was consolidated and became a publicly-traded company, Guccio Gucci SpA.^[17][7] In May 1983, Rodolfo died. His son Maurizio Gucci inherited his father’s majority stake in the company and launched a legal war against his uncle Aldo for full control of Gucci (a prosecution led by the city prosecutor Rudolph Giuliani, and with Domenico de Sole representing the Gucci family).^[7] Maurizio Gucci took over the company’s direction. In 1986, Aldo Gucci, 81, with only 16.7% of Gucci left in his possession, was sentenced to a year in prison for tax evasion^[18][19] (in a prison where Albert Nipon was also an inmate^[7]). The artwork of the Gucci Galleria was liquidated.^[7] In 1988, Maurizio Gucci sold almost 47.8% of Gucci to the Bahrain-based investment fund Investcorp (owner of Tiffany since 1984), and withheld the other 50%.^[20]

Despite the family disputes, between 1981 and 1987, the sales of trademarked Gucci products reached $400 million,^[21] and $227 million in 1990 alone.^[22] The 1980s were characterized by a mass-production of Gucci products, which generated revenue but negatively affected Gucci’s position as an exclusive luxury brand. Maurizio Gucci hired Dawn Mello to put Gucci back on tracks.^[23][22]

From 1991 to 1993, Gucci’s finances were still in the red. Maurizio Gucci was blamed for spending extravagant amounts of money on the company’s headquarters in Florence (Via delle Caldaie palazzo) and in Milan. Investcorp bought the remaining 50% of Guccio Gucci S.p.A. from Maurizio Gucci in 1993, ending the family involvement in the group.^[24] In March 1995, Maurizio Gucci was shot dead in the lobby of Gucci’s Milan office.^[25] His ex-wife Patrizia Reggiani served 16 years in jail for hiring the hitman to murder him.^[26]

Porno Chic Revival

Dawn Mello^[27] was hired in November 1989 as Gucci’s executive vice president and chief designer. She reduced the number of stores from over 1,000 to 180 in a move to rebuild the brand’s exclusivity. She also reduced the number of items sold by Gucci from 22,000 to 7,000. She revived the Bamboo bag and the Gucci loafer. She moved Gucci’s headquarters back from Milan to Florence, where the history of Gucci is deeply rooted.^[22]

Dawn Mello hired Tom Ford to oversee the women’s ready-to-wear collection.^[24] In 1994, Tom Ford was named creative director of Gucci.^[28] Ford and Mello revisited the 1970s archives of the brand. Ford’s 1995 collection, which included the sensual white dresses with provocative cut-outs, became an instant hit.^[24] Revived through the hot-bod hedonism of Tom Ford’s creations, Gucci also launched provocative products in limited edition such as silver handcuffs,^[29] a G-string^[30] and provocative ad campaigns such as the G logo shaved on pubic hair.^[31]

Domenico De Sole, legal adviser to the Gucci family since the 1980s and CEO of Gucci since 1994, campaigned for Gucci’s leather manufacturers in Italy to keep working together and developed a partners’ program to strengthen their ties. He reviewed the pricing of each product and gradually raised Gucci’s advertising budget from $6 million in 1993 to $70 million in 1997.^[32] In October 1995, the company was publicly indexed on the New York Stock Exchange with an initial stock value set at US$22.^[24] Then, from 1995 to 1997, Investcorp sold its interests in Gucci for around US$1.9 billion.^[33]

LVMH-PPR struggle over Gucci

By January 1999, the French luxury conglomerate LVMH, which had been buying shares of Gucci discreetly since 1995, reached 34% ownership in Gucci Group NV.^[34] Seeking a way out of LVMH’s control, Tom Ford and Domenico De Sole turned to the French financier François Pinault and his group Pinault Printemps Redoute, which later became Kering, for an emergency exit. In March, Pinault’s group bought out 40% of Gucci at $75 a share, and LVMH’s shares decreased to 20.7% in a dilution process. Through the deal, PPR also purchased Yves Saint Laurent from Sanofi and sold it back for the same price to the Gucci Group.^[35] This coup d’état in the fashion world launched a cold war between LVMH and the new Gucci-PPR coalition.^[36] A tension occurred in December 2000 when Gucci bought 51% of Alexander McQueen’s couture house, as McQueen was also the creative designer of LVMH’s Givenchy at that time.^[37] The feud around Gucci ended in September 2001 when all parties reached an agreement.^[36] By the end of 2003, Tom Ford and Domenico De Sole made it official that they would not renew their contract with Gucci-PPR that ended in April 2004.^[38]

Following Ford’s departure, Gucci Group retained three designers to continue the success of the company’s flagship label: John Ray, Alessandra Facchinetti and Frida Giannini, all of whom had worked under Ford’s creative direction. Facchinetti was elevated to Creative Director of Women’s wear in 2004 and designed for two seasons before leaving the company. Ray served as Creative Director of Menswear for three years. Frida Giannini – a Gucci handbag designer since 2002, head of accessories since 2004, and creative director of women’s ready-to-wear and accessories since 2005 – was appointed creative director of Gucci in 2006.^[39] Patrizio di Marco, formerly CEO of Bottega Veneta, was named CEO of Gucci in 2008.^[40] Both acclaimed and criticized for perpetually revisiting Tom Ford’s archives, Frida Giannini eventually toned down Ford’s explosive ‘Porno Chic’ props over the years «from sexy to sensual», and started to experiment with ‘androgynous Bohemian’ styles with a 19th-century reminiscence.^[41] She also developed «neo-classics» such as the New Bamboo and the New Jackie handbags.^[42] Patrizio di Marco focused on the post-2008 crisis with fewer styles and more midrange products.^[43] In 2010, Gucci launched a partnership with the auction house Christie’s to develop a wider repository of the brand’s archives and provide an authenticity certification service.^[42] In 2011, the company opened the Gucci Museum (Gucci Museo) in Florence to celebrate its 90th anniversary.^[44] Between 2010 and 2015, 220 new Gucci stores opened, bringing the total store count to 500.^[45]

Postgender geek-chic

In December 2014, Marco Bizzarri, former CEO of Bottega Veneta, was named CEO of Gucci.^[46] He was tasked to reverse Gucci’s declining sales by giving a new impetus to the brand.^[47] In January 2015, Bizzarri appointed Alessandro Michele creative director of Gucci. Alessandro Michele had been working for Gucci since 2002 and served as Frida Giannini’s deputy and head accessories designer. During the Fall show of February 2015, Alessandro Michele introduced «a different Gucci»,^[48][49] one with a «sophisticated, intellectual and androgynous feel».^[47]

Alessandro Michele launched the Renaissance of Gucci.^[50] He revived Gucci classics like the double-G logo,^[51] the Jackie O. bag,^[52] and created iconic products such as the Dionysus handbag.^[53] With a feminized menswear, a strong feminist stance and a ‘geek-chic’ style, Alessandro Michele introduced postgender props for Gucci.^[54]

In September 2016, Gucci inaugurated the Gucci Hub, its new Milan headquarters built in the former Caproni aeronautical factory.^[55] In July 2017, Gucci announced the launch of Gucci Décor, the first time the brand tested itself in the home decoration segment.^[56] In April 2018, Gucci inaugurated the ArtLab, a 37,000-square-metre center of innovation outside of Florence in Italy, where new leather goods, footwear, new materials, metal hardware and packaging are developed and tested.^[57] In November 2018, Gucci opened the Gucci Wooster Bookstore in New York, a 2,000-book shop curated by the founder of Dashwood Books David Strettell.^[58] In April 2019, the company launched Gucci 9, a 500-employee network of 6 call centers worldwide for high-end customer service.^[59] Gucci also revived its makeup collection^[60] and launched its first fine jewelry collection.^[61]

In 2019, Gucci’s sales reached 9.6 billion euros.^[5]

In December 2020, following an agreement between Kering and Alibaba, Gucci launched two stores (fashion and beauty) on Tmall.^[62]

In May 2021, Gucci launched a collection of glasses, Hollywood Forever.^[63][64]

On November 23, 2022, Alessandro Michele left the post of creative director of Gucci.^[65]

Disney Collection

Since 2019, originally in celebration of Mickey Mouse’s 90th birthday, Gucci has held a collection of Disney apparel, including for Lunar New Year.^[66]

Corporate structure

Gucci’s holding company Guccio Gucci S.p.A. is based in Florence, Italy, and is a subsidiary of the French luxury group Kering. In 2018, Gucci operated 540 stores for 14,628 employees. The company generated €9.628 billion in revenue (€8.2 billion in 2018), and €3,947 billion in profits (€3.2 billion in 2018).^[5]

Governance

In the history of Gucci, up until the end of the Gucci family era, the design, promotion, and production of Gucci products were handled by the members of the Gucci family.^[67]

CEO

• Since 2014: Marco Bizzarri
• 2008–2014: Patrizio di Marco ^[68]
• 2004–2008: Mark Lee ^[69]
• 1994–2004: Domenico De Sole

Creative designers

• Since 2015: Alessandro Michele
• 2006–2015: Frida Giannini
• 1995–2004: Tom Ford
• 1989–1995: Dawn Mello

Initiatives

Culture

In 2011, the company opened the Gucci Museum (Gucci Museo) inside the 14th-century Palazzo della Mercanzia in Florence to celebrate its 90th anniversary.^[70][44] In 2016, Alessandro Michele curated two additional rooms dedicated to Tom Ford’s collections.^[71] In January 2018, following a renovation, the Gucci Museum reopened with a new name, the Gucci Garden, and a new restaurant within its walls, the Gucci Osteria, managed by Massimo Bottura.^[72] The Gucci Osteria was awarded one Michelin star in November 2019.^[73] In February 2020, a second Gucci Osteria opened on the rooftop of the Gucci Rodeo Drive store in Los Angeles.^[74]

In April 2017, Gucci financed the restoration of the Boboli Gardens at the Uffizi Gallery in Florence.^[75] In June 2019, Gucci financed the restoration of the historic Rupe Tarpea and Belvedere Gardens in Rome.^[76]

In 2008, Gucci launched the Gucci Tribeca Documentary Fund, an $80,000 fund to finance movies promoting social change and presented at the Tribeca Film Festival.^[77] By 2011, the fund grew to $150,000, including $50,000 for a newly created Women Documentary Award.^[78] In 2011, with the Venice Film Festival, Gucci also launched the ‘Gucci Award for Women in Cinema’ to underline the impact of women in film-making.^[79]

From 2005 to 2015, Gucci donated $20 million to UNICEF’s Schools for Africa program. Once Chime for Change was created, it became the funding vehicle of the Gucci-UNICEF partnership.^[80] Chime for Change was founded in February 2013 by Frida Giannini, Salma Hayek and Beyoncé as a global campaign for the improvement of education, health and justice for women worldwide.^[81] In June 2013, Chime for Change organized the Sound of Change Live concert which generated $4 million to fund 200 projects in 70 countries.^[82] In December 2013, Gucci inked a partnership with Twitter and Women Who Code to create the women-focused hackathon Chime Hack.^[83]

Gucci sells a yellow t-shirt that reads «My Body My Choice» and redistributes its proceeds to Chime for Change.^[84] In July 2013, activist Lydia Emily was commissioned to paint a mural on Skid Row, Los Angeles of a woman named Jessica, who is a survivor of human trafficking.^[85] In January 2019, Chime for Change launched the murals campaign «To Gather Together» promoting gender equality and designed by the artist MP5.^[86] In 2020, Gucci launched an «Unconventional Beauty» ad campaign, including a model with Down syndrome.^[87]

During the COVID-19 pandemic, Gucci pledged €2 million to two crowdfunding campaigns, the first to support the Italian Civil Protection Department, and the second for the COVID-19 Solidarity Response Fund.^[88]

Environment

In 2015, Gucci launched its own environmental profit and loss initiative.^[89] In October 2017, Gucci announced it would ban furs from its stores in 2018.^[90] In June 2018, the brand launched ‘Equilibrium’, its platform to communicate on its social and environmental efforts and progress.^[91] In September 2019, Marco Bizzarri announced Gucci’s intention to go entirely carbon neutral.^[92] In 2020, Gucci joined the UNDP-led Lion’s Share Fund to support wildlife conservation.^[93]

In popular culture

Eponymous adjective

«Gucci» is often used as an eponymous adjective; for example, «I feel Gucci!» or «that’s so Gucci!» are used to describe feeling luxurious or referencing something as being luxurious.^[94][95] The earliest known instance of Gucci used in this sense is Lenny Kravitz describing his bedroom as «very Gucci»^[96] in the September 1999 issue of Harper’s Bazaar.^[96]

Movies

After initially announcing plans for a movie about the Gucci dynasty in 2007,^[97] filmmaker Ridley Scott detailed specifics about his movie in November 2019; titled House of Gucci, the movie would star Lady Gaga as Patrizia Reggiani and Adam Driver as Maurizio Gucci.^[98] House of Gucci‘s world premiere took place at the Odeon Luxe Leicester Square in London on November 9, 2021.^[99] In 2000, Martin Scorsese had also announced plans to make a movie about the Gucci family.^[100]

Guinness World Records

• 1974: The Model 2000 Gucci watch broke the record for selling more than one million units in two years.^[8]
• 1998: The Gucci «Genius Jeans» set the record as the most expensive pair of jeans. The jeans were distressed, ripped, and covered with African-inspired beads and were priced at US$3,134 in Milan.^[101][102]

Counterfeiting

During the 1970s, the explosive popularity of Gucci turned the brand into a prime target of the counterfeiting industry.^[7] The Gucci workshops elaborated the brindle pigskin tanning technique that became a Gucci signature, and a tanning process difficult to counterfeit. In 1977 alone, Gucci launched 34 lawsuits for counterfeiting.^[8] By the mid-1980s, the brand was involved in «thousands of confiscations and lawsuits all over the world».^[103]

In 2013, the UK’s Intellectual Property Office issued a ruling that Gucci had lost the rights to its GG trademark in the UK «to a version of the GG logo in four categories, which encompassed garments such as bracelets, shoulder bags, scarves and coats».^[104] However, «according to Gucci, the ruling does not affect the use of its GG logo in the region» because «Gucci is the owner of several other valid registrations for this mark, including a Community Trade Mark (covering the European Union) for its iconic GG logo and those rights are directly enforceable in the U.K.»^[104]

In November 2008, the website TheBagAddiction.com was shut down after being sued by Gucci for selling counterfeit products.^[105] In 2013, Gucci cracked down on 155 domain names used by counterfeiters to sell fake Gucci products.^[106] In 2015, Gucci’s parent company Kering sued the Chinese website Alibaba for listing a lot of «obviously fake Gucci products» on its website.^[107] In April 2016, Gucci’s anti-counterfeiting legal actions backfired when the targeted products were the papier-mâché shaped exactly like Gucci products and burned by Chinese people during the ancestral Qingming Jie tradition.^[108] In April 2017, Gucci won a lawsuit against 89 Chinese websites selling fake Gucci products.^[109] In October 2018, Marco Bizzarri warned the Chinese ecommerce giants Alibaba and JD.com that Gucci could not open shop on their websites as long as they would not remove the many fake Gucci products out of their listings.^[110] In December 2019, Gucci sued three dozen websites selling fake Gucci products.^[111]

Controversies

In April 2016, the UK’s Advertising Standards Authority banned a Gucci online video ad because it starred an «unhealthily thin» model.^[112]

In February 2019, Gucci removed a black balaclava sweater with a rollup collar and a cut-out red-lipped mouth from its shelves after it had been compared to a blackface costume.^[113][114] Alessandro Michele responded that his inspiration came from the flamboyant Leigh Bowery but apologized for the way it had been interpreted.^[115] To address this issue, Gucci launched the ‘Gucci North America Changemakers Scholarship’ program dedicated to foster diversity within the fashion industry with a $5-million annual fund to support non-profits and community-based programs involved with «the African-American community and communities of color at-large».^[116] In May 2019, the Sikhs community in India criticized Gucci’s cultural appropriation of a religious item when the Italian brand commercialized turbans at $800 apiece.^[117] In July 2019, Gucci appointed a Global Head of Diversity to address the brand’s latest issues with cultural diversity.^[118] In October 2019, Gucci launched a $1.5-million scholarship program for US students traditionally underrepresented in the fashion industry.^[119]

In May 2019, Kering agreed to pay a $1.25-billion tax settlement with the Italian fiscal authorities following Gucci’s tax irregularities during the 2011-2017 fiscal periods.^[120]

During a September 2019 show that resembled a défilé of mental patients, catwalk model Ayesha Tan Jones held up their hands-on which «mental health is not fashion» was written, a reaction to the brand’s inappropriate commercial use of the imagery of mental illness.^[121]

See also

• Made in Italy

Bibliography

• Forden, Sara G. (2001). The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed. Custom House. ISBN 978-0060937751.
• Gucci, Patricia (2016). In the Name of Gucci: A Memoir. Crown Archetype. ISBN 978-0804138932.
• Gucci, Jenny (2008). Gucci Wars: How I Survived Murder and Intrigue at the Heart of the World’s Biggest Fashion House. John Blake. ISBN 978-1844545322.

References

External links

• Official website

Guccio Gucci, S.p.A.

Trade name	Gucci
Type	Subsidiary (S.p.A.)
Industry	Fashion
Founded	1921; 102 years ago
Founder	Guccio Gucci
Headquarters	Via Tornabuoni 73/R 50123 Florence Italy 43°46′16″N 11°15′04″E / 43.7712°N 11.25117°ECoordinates: 43°46′16″N 11°15′04″E / 43.7712°N 11.25117°E
Number of locations	487 (2019)
Key people	Marco Bizzarri (CEO)
Revenue	€9.62 billion (2019)
Number of employees	17,157 (2019)
Parent	Kering
Website	gucci.com

Gucci (, GOO-chee; Italian pronunciation: [ˈɡuttʃi]) is an Italian high-end luxury fashion house based in Florence, Italy.^[1][2][3] Its product lines include handbags, ready-to-wear, footwear, accessories, and home decoration; and it licenses its name and branding to Coty, Inc. for fragrance and cosmetics under the name Gucci Beauty.^[4]

Gucci was founded in 1921 by Guccio Gucci (1881–1953) in Florence, Tuscany. Under the direction of Aldo Gucci (son of Guccio), Gucci became a worldwide-known brand, an icon of the Italian Dolce Vita. Following family feuds during the 1980s, the Gucci family was entirely ousted from the capital of the company by 1993. After this crisis, the brand was revived with a provocative ‘Porno Chic’ props. In 1999, Gucci was acquired by the French conglomerate Pinault Printemps Redoute, which later became Kering. During the 2010s, Gucci became an iconic ‘geek-chic’ brand.

In 2019, Gucci operated 487 stores for 17,157 employees, and generated €9.628 billion in sales (€8.2 billion in 2018).^[5] Marco Bizzarri is CEO of Gucci since December 2014, and Alessandro Michele was creative director from January 2015 to November 23, 2022.^[6] Gucci is a subsidiary of the French luxury group Kering.

History

1921 birth in Florence

The Gucci family claims its origins are rooted in the merchant city of Florence since around 1410. Guccio Giovanbattista Giacinto Dario Maria Gucci (1881–1953) left Florence for Paris, and settled in London in 1897 to work at the high-end Savoy Hotel. While working as a bellhop there, he would load/unload the luggage of the hotel’s wealthy clients, learning about their tastes in fashion, quality, fabrics, and traveling conditions. He later worked four years for the Compagnie des Wagons-Lits, the European rail company that specialized in upscale travel leisure, thus further enhancing his experience with luxurious traveling lifestyles. After World War I, he worked for the maker of fine luggage Franzi.^[7][8]

In 1921, Guccio Gucci bought his own shop on Via della Vigna Nuova in Florence, Azienda Individuale Guccio Gucci,^[9] where he sold imported leather luggage. He also opened a small workshop to have his own leather goods made by local craftsmen. Eventually, a larger workshop had to be acquired to house Gucci’s sixty artisans. In 1935, the invasion of Ethiopia by Mussolini led the League of Nations to impose a trade embargo on Italy. Leather became scarce, pushing Guccio Gucci to introduce other fabrics in the composition of the products, such as raffia, wicker, wood, linen and jute. The rombi motif, a Gucci signature, was created. The Guccis developed a new tanning technique to produce «cuoio grasso«, which became a Gucci trademark. In 1937, Gucci launched its handbags.^[8][7]

Guccio’s wife and children all worked in the shop. Aldo, the son of Guccio, became increasingly involved in the family company since he started working there in 1925. He convinced his father to grow by opening a new shop in Rome (21 Via Condotti) in 1938, and launched more Gucci accessories (gloves, belts, wallets, keychains). During World War II, the artisans of Gucci worked on making boots for the Italian infantry.^[8][7]

The company made handbags of cotton canvas rather than leather during World War II as a result of material shortages. The canvas, however, was distinguished by a signature double-G symbol combined with prominent red and green bands. After the war, the Gucci crest, which showed a shield and armored knight surrounded by a ribbon inscribed with the family name, became synonymous with the city of Florence.

Post-war Dolce Vita

After the war, Guccio Gucci distributed the shares of the company to his three sons (Aldo, Vasco and Rodolfo). In 1947, Gucci launched the Bamboo bag.^[10] The brand launched its first global tagline, Quality is remembered long after price is forgotten. The iconic moccasins (Gucci loafer) were launched in 1952. Guccio Gucci died on 2 January 1953 in Milan. In November 1953, Gucci opened its first US store on 5th Avenue and 58th Street in New York. A second NY shop opened in the Saint Regis Hotel in 1960, and a third on 5th Avenue and 54th Street in 1973, leading the locals to call this NY area «Gucci City».^[7]

In 1961, Gucci opened stores in London and Palm Beach, and launched the Jackie Bag. In March 1963, Gucci opened its first French store near Place Vendôme in Paris.^[7] The double-G logo for belt buckles and other accessory decorations was introduced in 1964.^[11] The Flora scarf was designed in 1966 by Rodolfo Gucci and Vittorio Accornero for Grace Kelly, Princess of Monaco, who became a notable consumer of Gucci products. In October 1968, Gucci opened a store at 347 Rodeo Drive, driving many Hollywood stars to endorse the brand. With the Rodeo Drive opening came the launch of Gucci’s first dresses. Gucci’s breakthrough in the United States led to its global development in Asia (Tokyo opening in 1972, Hong Kong in 1974) and the Middle East.^[7] In Brussels, Aldo’s son Roberto piloted the first Gucci franchised store. By 1969, Gucci was managing ten shops in the United States. 84,000 Gucci moccasins were sold in the US alone that year. US President John F. Kennedy called Aldo Gucci the «first Italian ambassador to the United States».^[8]

Gucci launched a Rolls-Royce luggage set in 1970^[7] and partnered with American Motors Corporation (AMC) to create the Gucci version of the AMC Hornet that was marketed during the 1971, 1972, and 1973 model years. The Gucci Sportabout wagon became one of the first American cars to offer a special luxury trim package created by a famous fashion designer.^[12][13][14] Gucci launched Gucci Perfumes (Il Mio Profumo) and its first watch (Model 2000) in 1972, its first franchised store in the US in 1973, and opened the Gucci Galleria in its Beverly Hills store in 1977, a private art gallery adjoined to the store and reserved to premium clients who were given a golden key to access it.^[7][8] From 1978 to 1984 a Miami-based coachbuilder marketed a Gucci edition of the Cadillac Seville sedan (the 1978 model is exhibited at the Gucci Museum).^[15]

In 1985, the Gucci loafer became part of the permanent collection of the New York Moma.^[16]

1980s Gucci’s family feud

In 1969, Giorgio, the son of Aldo, had sparked the first family feud by launching Gucci Boutique on his own, which was finally reabsorbed by the family group in 1972.^[8] During the 1980s, the Gucci saga eroded the family-held top management of the company and fed the press headlines. Paolo Gucci, son of Aldo, tried to launch the brand Gucci Plus on his own. Aldo was criticized for developing most of the international business under Gucci America, which he owned. In 1982, to ease tensions in the family, the Gucci group was consolidated and became a publicly-traded company, Guccio Gucci SpA.^[17][7] In May 1983, Rodolfo died. His son Maurizio Gucci inherited his father’s majority stake in the company and launched a legal war against his uncle Aldo for full control of Gucci (a prosecution led by the city prosecutor Rudolph Giuliani, and with Domenico de Sole representing the Gucci family).^[7] Maurizio Gucci took over the company’s direction. In 1986, Aldo Gucci, 81, with only 16.7% of Gucci left in his possession, was sentenced to a year in prison for tax evasion^[18][19] (in a prison where Albert Nipon was also an inmate^[7]). The artwork of the Gucci Galleria was liquidated.^[7] In 1988, Maurizio Gucci sold almost 47.8% of Gucci to the Bahrain-based investment fund Investcorp (owner of Tiffany since 1984), and withheld the other 50%.^[20]

Despite the family disputes, between 1981 and 1987, the sales of trademarked Gucci products reached $400 million,^[21] and $227 million in 1990 alone.^[22] The 1980s were characterized by a mass-production of Gucci products, which generated revenue but negatively affected Gucci’s position as an exclusive luxury brand. Maurizio Gucci hired Dawn Mello to put Gucci back on tracks.^[23][22]

From 1991 to 1993, Gucci’s finances were still in the red. Maurizio Gucci was blamed for spending extravagant amounts of money on the company’s headquarters in Florence (Via delle Caldaie palazzo) and in Milan. Investcorp bought the remaining 50% of Guccio Gucci S.p.A. from Maurizio Gucci in 1993, ending the family involvement in the group.^[24] In March 1995, Maurizio Gucci was shot dead in the lobby of Gucci’s Milan office.^[25] His ex-wife Patrizia Reggiani served 16 years in jail for hiring the hitman to murder him.^[26]

Porno Chic Revival

Dawn Mello^[27] was hired in November 1989 as Gucci’s executive vice president and chief designer. She reduced the number of stores from over 1,000 to 180 in a move to rebuild the brand’s exclusivity. She also reduced the number of items sold by Gucci from 22,000 to 7,000. She revived the Bamboo bag and the Gucci loafer. She moved Gucci’s headquarters back from Milan to Florence, where the history of Gucci is deeply rooted.^[22]

Dawn Mello hired Tom Ford to oversee the women’s ready-to-wear collection.^[24] In 1994, Tom Ford was named creative director of Gucci.^[28] Ford and Mello revisited the 1970s archives of the brand. Ford’s 1995 collection, which included the sensual white dresses with provocative cut-outs, became an instant hit.^[24] Revived through the hot-bod hedonism of Tom Ford’s creations, Gucci also launched provocative products in limited edition such as silver handcuffs,^[29] a G-string^[30] and provocative ad campaigns such as the G logo shaved on pubic hair.^[31]

Domenico De Sole, legal adviser to the Gucci family since the 1980s and CEO of Gucci since 1994, campaigned for Gucci’s leather manufacturers in Italy to keep working together and developed a partners’ program to strengthen their ties. He reviewed the pricing of each product and gradually raised Gucci’s advertising budget from $6 million in 1993 to $70 million in 1997.^[32] In October 1995, the company was publicly indexed on the New York Stock Exchange with an initial stock value set at US$22.^[24] Then, from 1995 to 1997, Investcorp sold its interests in Gucci for around US$1.9 billion.^[33]

LVMH-PPR struggle over Gucci

By January 1999, the French luxury conglomerate LVMH, which had been buying shares of Gucci discreetly since 1995, reached 34% ownership in Gucci Group NV.^[34] Seeking a way out of LVMH’s control, Tom Ford and Domenico De Sole turned to the French financier François Pinault and his group Pinault Printemps Redoute, which later became Kering, for an emergency exit. In March, Pinault’s group bought out 40% of Gucci at $75 a share, and LVMH’s shares decreased to 20.7% in a dilution process. Through the deal, PPR also purchased Yves Saint Laurent from Sanofi and sold it back for the same price to the Gucci Group.^[35] This coup d’état in the fashion world launched a cold war between LVMH and the new Gucci-PPR coalition.^[36] A tension occurred in December 2000 when Gucci bought 51% of Alexander McQueen’s couture house, as McQueen was also the creative designer of LVMH’s Givenchy at that time.^[37] The feud around Gucci ended in September 2001 when all parties reached an agreement.^[36] By the end of 2003, Tom Ford and Domenico De Sole made it official that they would not renew their contract with Gucci-PPR that ended in April 2004.^[38]

Following Ford’s departure, Gucci Group retained three designers to continue the success of the company’s flagship label: John Ray, Alessandra Facchinetti and Frida Giannini, all of whom had worked under Ford’s creative direction. Facchinetti was elevated to Creative Director of Women’s wear in 2004 and designed for two seasons before leaving the company. Ray served as Creative Director of Menswear for three years. Frida Giannini – a Gucci handbag designer since 2002, head of accessories since 2004, and creative director of women’s ready-to-wear and accessories since 2005 – was appointed creative director of Gucci in 2006.^[39] Patrizio di Marco, formerly CEO of Bottega Veneta, was named CEO of Gucci in 2008.^[40] Both acclaimed and criticized for perpetually revisiting Tom Ford’s archives, Frida Giannini eventually toned down Ford’s explosive ‘Porno Chic’ props over the years «from sexy to sensual», and started to experiment with ‘androgynous Bohemian’ styles with a 19th-century reminiscence.^[41] She also developed «neo-classics» such as the New Bamboo and the New Jackie handbags.^[42] Patrizio di Marco focused on the post-2008 crisis with fewer styles and more midrange products.^[43] In 2010, Gucci launched a partnership with the auction house Christie’s to develop a wider repository of the brand’s archives and provide an authenticity certification service.^[42] In 2011, the company opened the Gucci Museum (Gucci Museo) in Florence to celebrate its 90th anniversary.^[44] Between 2010 and 2015, 220 new Gucci stores opened, bringing the total store count to 500.^[45]

Postgender geek-chic

In December 2014, Marco Bizzarri, former CEO of Bottega Veneta, was named CEO of Gucci.^[46] He was tasked to reverse Gucci’s declining sales by giving a new impetus to the brand.^[47] In January 2015, Bizzarri appointed Alessandro Michele creative director of Gucci. Alessandro Michele had been working for Gucci since 2002 and served as Frida Giannini’s deputy and head accessories designer. During the Fall show of February 2015, Alessandro Michele introduced «a different Gucci»,^[48][49] one with a «sophisticated, intellectual and androgynous feel».^[47]

Alessandro Michele launched the Renaissance of Gucci.^[50] He revived Gucci classics like the double-G logo,^[51] the Jackie O. bag,^[52] and created iconic products such as the Dionysus handbag.^[53] With a feminized menswear, a strong feminist stance and a ‘geek-chic’ style, Alessandro Michele introduced postgender props for Gucci.^[54]

In September 2016, Gucci inaugurated the Gucci Hub, its new Milan headquarters built in the former Caproni aeronautical factory.^[55] In July 2017, Gucci announced the launch of Gucci Décor, the first time the brand tested itself in the home decoration segment.^[56] In April 2018, Gucci inaugurated the ArtLab, a 37,000-square-metre center of innovation outside of Florence in Italy, where new leather goods, footwear, new materials, metal hardware and packaging are developed and tested.^[57] In November 2018, Gucci opened the Gucci Wooster Bookstore in New York, a 2,000-book shop curated by the founder of Dashwood Books David Strettell.^[58] In April 2019, the company launched Gucci 9, a 500-employee network of 6 call centers worldwide for high-end customer service.^[59] Gucci also revived its makeup collection^[60] and launched its first fine jewelry collection.^[61]

In 2019, Gucci’s sales reached 9.6 billion euros.^[5]

In December 2020, following an agreement between Kering and Alibaba, Gucci launched two stores (fashion and beauty) on Tmall.^[62]

In May 2021, Gucci launched a collection of glasses, Hollywood Forever.^[63][64]

On November 23, 2022, Alessandro Michele left the post of creative director of Gucci.^[65]

Disney Collection

Since 2019, originally in celebration of Mickey Mouse’s 90th birthday, Gucci has held a collection of Disney apparel, including for Lunar New Year.^[66]

Corporate structure

Gucci’s holding company Guccio Gucci S.p.A. is based in Florence, Italy, and is a subsidiary of the French luxury group Kering. In 2018, Gucci operated 540 stores for 14,628 employees. The company generated €9.628 billion in revenue (€8.2 billion in 2018), and €3,947 billion in profits (€3.2 billion in 2018).^[5]

Governance

In the history of Gucci, up until the end of the Gucci family era, the design, promotion, and production of Gucci products were handled by the members of the Gucci family.^[67]

CEO

• Since 2014: Marco Bizzarri
• 2008–2014: Patrizio di Marco ^[68]
• 2004–2008: Mark Lee ^[69]
• 1994–2004: Domenico De Sole

Creative designers

• Since 2015: Alessandro Michele
• 2006–2015: Frida Giannini
• 1995–2004: Tom Ford
• 1989–1995: Dawn Mello

Initiatives

Culture

In 2011, the company opened the Gucci Museum (Gucci Museo) inside the 14th-century Palazzo della Mercanzia in Florence to celebrate its 90th anniversary.^[70][44] In 2016, Alessandro Michele curated two additional rooms dedicated to Tom Ford’s collections.^[71] In January 2018, following a renovation, the Gucci Museum reopened with a new name, the Gucci Garden, and a new restaurant within its walls, the Gucci Osteria, managed by Massimo Bottura.^[72] The Gucci Osteria was awarded one Michelin star in November 2019.^[73] In February 2020, a second Gucci Osteria opened on the rooftop of the Gucci Rodeo Drive store in Los Angeles.^[74]

In April 2017, Gucci financed the restoration of the Boboli Gardens at the Uffizi Gallery in Florence.^[75] In June 2019, Gucci financed the restoration of the historic Rupe Tarpea and Belvedere Gardens in Rome.^[76]

In 2008, Gucci launched the Gucci Tribeca Documentary Fund, an $80,000 fund to finance movies promoting social change and presented at the Tribeca Film Festival.^[77] By 2011, the fund grew to $150,000, including $50,000 for a newly created Women Documentary Award.^[78] In 2011, with the Venice Film Festival, Gucci also launched the ‘Gucci Award for Women in Cinema’ to underline the impact of women in film-making.^[79]

From 2005 to 2015, Gucci donated $20 million to UNICEF’s Schools for Africa program. Once Chime for Change was created, it became the funding vehicle of the Gucci-UNICEF partnership.^[80] Chime for Change was founded in February 2013 by Frida Giannini, Salma Hayek and Beyoncé as a global campaign for the improvement of education, health and justice for women worldwide.^[81] In June 2013, Chime for Change organized the Sound of Change Live concert which generated $4 million to fund 200 projects in 70 countries.^[82] In December 2013, Gucci inked a partnership with Twitter and Women Who Code to create the women-focused hackathon Chime Hack.^[83]

Gucci sells a yellow t-shirt that reads «My Body My Choice» and redistributes its proceeds to Chime for Change.^[84] In July 2013, activist Lydia Emily was commissioned to paint a mural on Skid Row, Los Angeles of a woman named Jessica, who is a survivor of human trafficking.^[85] In January 2019, Chime for Change launched the murals campaign «To Gather Together» promoting gender equality and designed by the artist MP5.^[86] In 2020, Gucci launched an «Unconventional Beauty» ad campaign, including a model with Down syndrome.^[87]

During the COVID-19 pandemic, Gucci pledged €2 million to two crowdfunding campaigns, the first to support the Italian Civil Protection Department, and the second for the COVID-19 Solidarity Response Fund.^[88]

Environment

In 2015, Gucci launched its own environmental profit and loss initiative.^[89] In October 2017, Gucci announced it would ban furs from its stores in 2018.^[90] In June 2018, the brand launched ‘Equilibrium’, its platform to communicate on its social and environmental efforts and progress.^[91] In September 2019, Marco Bizzarri announced Gucci’s intention to go entirely carbon neutral.^[92] In 2020, Gucci joined the UNDP-led Lion’s Share Fund to support wildlife conservation.^[93]

In popular culture

Eponymous adjective

«Gucci» is often used as an eponymous adjective; for example, «I feel Gucci!» or «that’s so Gucci!» are used to describe feeling luxurious or referencing something as being luxurious.^[94][95] The earliest known instance of Gucci used in this sense is Lenny Kravitz describing his bedroom as «very Gucci»^[96] in the September 1999 issue of Harper’s Bazaar.^[96]

Movies

After initially announcing plans for a movie about the Gucci dynasty in 2007,^[97] filmmaker Ridley Scott detailed specifics about his movie in November 2019; titled House of Gucci, the movie would star Lady Gaga as Patrizia Reggiani and Adam Driver as Maurizio Gucci.^[98] House of Gucci‘s world premiere took place at the Odeon Luxe Leicester Square in London on November 9, 2021.^[99] In 2000, Martin Scorsese had also announced plans to make a movie about the Gucci family.^[100]

Guinness World Records

• 1974: The Model 2000 Gucci watch broke the record for selling more than one million units in two years.^[8]
• 1998: The Gucci «Genius Jeans» set the record as the most expensive pair of jeans. The jeans were distressed, ripped, and covered with African-inspired beads and were priced at US$3,134 in Milan.^[101][102]

Counterfeiting

During the 1970s, the explosive popularity of Gucci turned the brand into a prime target of the counterfeiting industry.^[7] The Gucci workshops elaborated the brindle pigskin tanning technique that became a Gucci signature, and a tanning process difficult to counterfeit. In 1977 alone, Gucci launched 34 lawsuits for counterfeiting.^[8] By the mid-1980s, the brand was involved in «thousands of confiscations and lawsuits all over the world».^[103]

In 2013, the UK’s Intellectual Property Office issued a ruling that Gucci had lost the rights to its GG trademark in the UK «to a version of the GG logo in four categories, which encompassed garments such as bracelets, shoulder bags, scarves and coats».^[104] However, «according to Gucci, the ruling does not affect the use of its GG logo in the region» because «Gucci is the owner of several other valid registrations for this mark, including a Community Trade Mark (covering the European Union) for its iconic GG logo and those rights are directly enforceable in the U.K.»^[104]

In November 2008, the website TheBagAddiction.com was shut down after being sued by Gucci for selling counterfeit products.^[105] In 2013, Gucci cracked down on 155 domain names used by counterfeiters to sell fake Gucci products.^[106] In 2015, Gucci’s parent company Kering sued the Chinese website Alibaba for listing a lot of «obviously fake Gucci products» on its website.^[107] In April 2016, Gucci’s anti-counterfeiting legal actions backfired when the targeted products were the papier-mâché shaped exactly like Gucci products and burned by Chinese people during the ancestral Qingming Jie tradition.^[108] In April 2017, Gucci won a lawsuit against 89 Chinese websites selling fake Gucci products.^[109] In October 2018, Marco Bizzarri warned the Chinese ecommerce giants Alibaba and JD.com that Gucci could not open shop on their websites as long as they would not remove the many fake Gucci products out of their listings.^[110] In December 2019, Gucci sued three dozen websites selling fake Gucci products.^[111]

Controversies

In April 2016, the UK’s Advertising Standards Authority banned a Gucci online video ad because it starred an «unhealthily thin» model.^[112]

In February 2019, Gucci removed a black balaclava sweater with a rollup collar and a cut-out red-lipped mouth from its shelves after it had been compared to a blackface costume.^[113][114] Alessandro Michele responded that his inspiration came from the flamboyant Leigh Bowery but apologized for the way it had been interpreted.^[115] To address this issue, Gucci launched the ‘Gucci North America Changemakers Scholarship’ program dedicated to foster diversity within the fashion industry with a $5-million annual fund to support non-profits and community-based programs involved with «the African-American community and communities of color at-large».^[116] In May 2019, the Sikhs community in India criticized Gucci’s cultural appropriation of a religious item when the Italian brand commercialized turbans at $800 apiece.^[117] In July 2019, Gucci appointed a Global Head of Diversity to address the brand’s latest issues with cultural diversity.^[118] In October 2019, Gucci launched a $1.5-million scholarship program for US students traditionally underrepresented in the fashion industry.^[119]

In May 2019, Kering agreed to pay a $1.25-billion tax settlement with the Italian fiscal authorities following Gucci’s tax irregularities during the 2011-2017 fiscal periods.^[120]

During a September 2019 show that resembled a défilé of mental patients, catwalk model Ayesha Tan Jones held up their hands-on which «mental health is not fashion» was written, a reaction to the brand’s inappropriate commercial use of the imagery of mental illness.^[121]

See also

• Made in Italy

Bibliography

• Forden, Sara G. (2001). The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed. Custom House. ISBN 978-0060937751.
• Gucci, Patricia (2016). In the Name of Gucci: A Memoir. Crown Archetype. ISBN 978-0804138932.
• Gucci, Jenny (2008). Gucci Wars: How I Survived Murder and Intrigue at the Heart of the World’s Biggest Fashion House. John Blake. ISBN 978-1844545322.

References

External links

• Official website

Guccio Gucci, S.p.A.

Trade name	Gucci
Type	Subsidiary (S.p.A.)
Industry	Fashion
Founded	1921; 102 years ago
Founder	Guccio Gucci
Headquarters	Via Tornabuoni 73/R 50123 Florence Italy 43°46′16″N 11°15′04″E / 43.7712°N 11.25117°ECoordinates: 43°46′16″N 11°15′04″E / 43.7712°N 11.25117°E
Number of locations	487 (2019)
Key people	Marco Bizzarri (CEO)
Revenue	€9.62 billion (2019)
Number of employees	17,157 (2019)
Parent	Kering
Website	gucci.com

Gucci (, GOO-chee; Italian pronunciation: [ˈɡuttʃi]) is an Italian high-end luxury fashion house based in Florence, Italy.^[1][2][3] Its product lines include handbags, ready-to-wear, footwear, accessories, and home decoration; and it licenses its name and branding to Coty, Inc. for fragrance and cosmetics under the name Gucci Beauty.^[4]

Gucci was founded in 1921 by Guccio Gucci (1881–1953) in Florence, Tuscany. Under the direction of Aldo Gucci (son of Guccio), Gucci became a worldwide-known brand, an icon of the Italian Dolce Vita. Following family feuds during the 1980s, the Gucci family was entirely ousted from the capital of the company by 1993. After this crisis, the brand was revived with a provocative ‘Porno Chic’ props. In 1999, Gucci was acquired by the French conglomerate Pinault Printemps Redoute, which later became Kering. During the 2010s, Gucci became an iconic ‘geek-chic’ brand.

In 2019, Gucci operated 487 stores for 17,157 employees, and generated €9.628 billion in sales (€8.2 billion in 2018).^[5] Marco Bizzarri is CEO of Gucci since December 2014, and Alessandro Michele was creative director from January 2015 to November 23, 2022.^[6] Gucci is a subsidiary of the French luxury group Kering.

History

1921 birth in Florence

The Gucci family claims its origins are rooted in the merchant city of Florence since around 1410. Guccio Giovanbattista Giacinto Dario Maria Gucci (1881–1953) left Florence for Paris, and settled in London in 1897 to work at the high-end Savoy Hotel. While working as a bellhop there, he would load/unload the luggage of the hotel’s wealthy clients, learning about their tastes in fashion, quality, fabrics, and traveling conditions. He later worked four years for the Compagnie des Wagons-Lits, the European rail company that specialized in upscale travel leisure, thus further enhancing his experience with luxurious traveling lifestyles. After World War I, he worked for the maker of fine luggage Franzi.^[7][8]

In 1921, Guccio Gucci bought his own shop on Via della Vigna Nuova in Florence, Azienda Individuale Guccio Gucci,^[9] where he sold imported leather luggage. He also opened a small workshop to have his own leather goods made by local craftsmen. Eventually, a larger workshop had to be acquired to house Gucci’s sixty artisans. In 1935, the invasion of Ethiopia by Mussolini led the League of Nations to impose a trade embargo on Italy. Leather became scarce, pushing Guccio Gucci to introduce other fabrics in the composition of the products, such as raffia, wicker, wood, linen and jute. The rombi motif, a Gucci signature, was created. The Guccis developed a new tanning technique to produce «cuoio grasso«, which became a Gucci trademark. In 1937, Gucci launched its handbags.^[8][7]

Guccio’s wife and children all worked in the shop. Aldo, the son of Guccio, became increasingly involved in the family company since he started working there in 1925. He convinced his father to grow by opening a new shop in Rome (21 Via Condotti) in 1938, and launched more Gucci accessories (gloves, belts, wallets, keychains). During World War II, the artisans of Gucci worked on making boots for the Italian infantry.^[8][7]

The company made handbags of cotton canvas rather than leather during World War II as a result of material shortages. The canvas, however, was distinguished by a signature double-G symbol combined with prominent red and green bands. After the war, the Gucci crest, which showed a shield and armored knight surrounded by a ribbon inscribed with the family name, became synonymous with the city of Florence.

Post-war Dolce Vita

After the war, Guccio Gucci distributed the shares of the company to his three sons (Aldo, Vasco and Rodolfo). In 1947, Gucci launched the Bamboo bag.^[10] The brand launched its first global tagline, Quality is remembered long after price is forgotten. The iconic moccasins (Gucci loafer) were launched in 1952. Guccio Gucci died on 2 January 1953 in Milan. In November 1953, Gucci opened its first US store on 5th Avenue and 58th Street in New York. A second NY shop opened in the Saint Regis Hotel in 1960, and a third on 5th Avenue and 54th Street in 1973, leading the locals to call this NY area «Gucci City».^[7]

In 1961, Gucci opened stores in London and Palm Beach, and launched the Jackie Bag. In March 1963, Gucci opened its first French store near Place Vendôme in Paris.^[7] The double-G logo for belt buckles and other accessory decorations was introduced in 1964.^[11] The Flora scarf was designed in 1966 by Rodolfo Gucci and Vittorio Accornero for Grace Kelly, Princess of Monaco, who became a notable consumer of Gucci products. In October 1968, Gucci opened a store at 347 Rodeo Drive, driving many Hollywood stars to endorse the brand. With the Rodeo Drive opening came the launch of Gucci’s first dresses. Gucci’s breakthrough in the United States led to its global development in Asia (Tokyo opening in 1972, Hong Kong in 1974) and the Middle East.^[7] In Brussels, Aldo’s son Roberto piloted the first Gucci franchised store. By 1969, Gucci was managing ten shops in the United States. 84,000 Gucci moccasins were sold in the US alone that year. US President John F. Kennedy called Aldo Gucci the «first Italian ambassador to the United States».^[8]

Gucci launched a Rolls-Royce luggage set in 1970^[7] and partnered with American Motors Corporation (AMC) to create the Gucci version of the AMC Hornet that was marketed during the 1971, 1972, and 1973 model years. The Gucci Sportabout wagon became one of the first American cars to offer a special luxury trim package created by a famous fashion designer.^[12][13][14] Gucci launched Gucci Perfumes (Il Mio Profumo) and its first watch (Model 2000) in 1972, its first franchised store in the US in 1973, and opened the Gucci Galleria in its Beverly Hills store in 1977, a private art gallery adjoined to the store and reserved to premium clients who were given a golden key to access it.^[7][8] From 1978 to 1984 a Miami-based coachbuilder marketed a Gucci edition of the Cadillac Seville sedan (the 1978 model is exhibited at the Gucci Museum).^[15]

In 1985, the Gucci loafer became part of the permanent collection of the New York Moma.^[16]

1980s Gucci’s family feud

In 1969, Giorgio, the son of Aldo, had sparked the first family feud by launching Gucci Boutique on his own, which was finally reabsorbed by the family group in 1972.^[8] During the 1980s, the Gucci saga eroded the family-held top management of the company and fed the press headlines. Paolo Gucci, son of Aldo, tried to launch the brand Gucci Plus on his own. Aldo was criticized for developing most of the international business under Gucci America, which he owned. In 1982, to ease tensions in the family, the Gucci group was consolidated and became a publicly-traded company, Guccio Gucci SpA.^[17][7] In May 1983, Rodolfo died. His son Maurizio Gucci inherited his father’s majority stake in the company and launched a legal war against his uncle Aldo for full control of Gucci (a prosecution led by the city prosecutor Rudolph Giuliani, and with Domenico de Sole representing the Gucci family).^[7] Maurizio Gucci took over the company’s direction. In 1986, Aldo Gucci, 81, with only 16.7% of Gucci left in his possession, was sentenced to a year in prison for tax evasion^[18][19] (in a prison where Albert Nipon was also an inmate^[7]). The artwork of the Gucci Galleria was liquidated.^[7] In 1988, Maurizio Gucci sold almost 47.8% of Gucci to the Bahrain-based investment fund Investcorp (owner of Tiffany since 1984), and withheld the other 50%.^[20]

Despite the family disputes, between 1981 and 1987, the sales of trademarked Gucci products reached $400 million,^[21] and $227 million in 1990 alone.^[22] The 1980s were characterized by a mass-production of Gucci products, which generated revenue but negatively affected Gucci’s position as an exclusive luxury brand. Maurizio Gucci hired Dawn Mello to put Gucci back on tracks.^[23][22]

From 1991 to 1993, Gucci’s finances were still in the red. Maurizio Gucci was blamed for spending extravagant amounts of money on the company’s headquarters in Florence (Via delle Caldaie palazzo) and in Milan. Investcorp bought the remaining 50% of Guccio Gucci S.p.A. from Maurizio Gucci in 1993, ending the family involvement in the group.^[24] In March 1995, Maurizio Gucci was shot dead in the lobby of Gucci’s Milan office.^[25] His ex-wife Patrizia Reggiani served 16 years in jail for hiring the hitman to murder him.^[26]

Porno Chic Revival

Dawn Mello^[27] was hired in November 1989 as Gucci’s executive vice president and chief designer. She reduced the number of stores from over 1,000 to 180 in a move to rebuild the brand’s exclusivity. She also reduced the number of items sold by Gucci from 22,000 to 7,000. She revived the Bamboo bag and the Gucci loafer. She moved Gucci’s headquarters back from Milan to Florence, where the history of Gucci is deeply rooted.^[22]

Dawn Mello hired Tom Ford to oversee the women’s ready-to-wear collection.^[24] In 1994, Tom Ford was named creative director of Gucci.^[28] Ford and Mello revisited the 1970s archives of the brand. Ford’s 1995 collection, which included the sensual white dresses with provocative cut-outs, became an instant hit.^[24] Revived through the hot-bod hedonism of Tom Ford’s creations, Gucci also launched provocative products in limited edition such as silver handcuffs,^[29] a G-string^[30] and provocative ad campaigns such as the G logo shaved on pubic hair.^[31]

Domenico De Sole, legal adviser to the Gucci family since the 1980s and CEO of Gucci since 1994, campaigned for Gucci’s leather manufacturers in Italy to keep working together and developed a partners’ program to strengthen their ties. He reviewed the pricing of each product and gradually raised Gucci’s advertising budget from $6 million in 1993 to $70 million in 1997.^[32] In October 1995, the company was publicly indexed on the New York Stock Exchange with an initial stock value set at US$22.^[24] Then, from 1995 to 1997, Investcorp sold its interests in Gucci for around US$1.9 billion.^[33]

LVMH-PPR struggle over Gucci

By January 1999, the French luxury conglomerate LVMH, which had been buying shares of Gucci discreetly since 1995, reached 34% ownership in Gucci Group NV.^[34] Seeking a way out of LVMH’s control, Tom Ford and Domenico De Sole turned to the French financier François Pinault and his group Pinault Printemps Redoute, which later became Kering, for an emergency exit. In March, Pinault’s group bought out 40% of Gucci at $75 a share, and LVMH’s shares decreased to 20.7% in a dilution process. Through the deal, PPR also purchased Yves Saint Laurent from Sanofi and sold it back for the same price to the Gucci Group.^[35] This coup d’état in the fashion world launched a cold war between LVMH and the new Gucci-PPR coalition.^[36] A tension occurred in December 2000 when Gucci bought 51% of Alexander McQueen’s couture house, as McQueen was also the creative designer of LVMH’s Givenchy at that time.^[37] The feud around Gucci ended in September 2001 when all parties reached an agreement.^[36] By the end of 2003, Tom Ford and Domenico De Sole made it official that they would not renew their contract with Gucci-PPR that ended in April 2004.^[38]

Following Ford’s departure, Gucci Group retained three designers to continue the success of the company’s flagship label: John Ray, Alessandra Facchinetti and Frida Giannini, all of whom had worked under Ford’s creative direction. Facchinetti was elevated to Creative Director of Women’s wear in 2004 and designed for two seasons before leaving the company. Ray served as Creative Director of Menswear for three years. Frida Giannini – a Gucci handbag designer since 2002, head of accessories since 2004, and creative director of women’s ready-to-wear and accessories since 2005 – was appointed creative director of Gucci in 2006.^[39] Patrizio di Marco, formerly CEO of Bottega Veneta, was named CEO of Gucci in 2008.^[40] Both acclaimed and criticized for perpetually revisiting Tom Ford’s archives, Frida Giannini eventually toned down Ford’s explosive ‘Porno Chic’ props over the years «from sexy to sensual», and started to experiment with ‘androgynous Bohemian’ styles with a 19th-century reminiscence.^[41] She also developed «neo-classics» such as the New Bamboo and the New Jackie handbags.^[42] Patrizio di Marco focused on the post-2008 crisis with fewer styles and more midrange products.^[43] In 2010, Gucci launched a partnership with the auction house Christie’s to develop a wider repository of the brand’s archives and provide an authenticity certification service.^[42] In 2011, the company opened the Gucci Museum (Gucci Museo) in Florence to celebrate its 90th anniversary.^[44] Between 2010 and 2015, 220 new Gucci stores opened, bringing the total store count to 500.^[45]

Postgender geek-chic

In December 2014, Marco Bizzarri, former CEO of Bottega Veneta, was named CEO of Gucci.^[46] He was tasked to reverse Gucci’s declining sales by giving a new impetus to the brand.^[47] In January 2015, Bizzarri appointed Alessandro Michele creative director of Gucci. Alessandro Michele had been working for Gucci since 2002 and served as Frida Giannini’s deputy and head accessories designer. During the Fall show of February 2015, Alessandro Michele introduced «a different Gucci»,^[48][49] one with a «sophisticated, intellectual and androgynous feel».^[47]

Alessandro Michele launched the Renaissance of Gucci.^[50] He revived Gucci classics like the double-G logo,^[51] the Jackie O. bag,^[52] and created iconic products such as the Dionysus handbag.^[53] With a feminized menswear, a strong feminist stance and a ‘geek-chic’ style, Alessandro Michele introduced postgender props for Gucci.^[54]

In September 2016, Gucci inaugurated the Gucci Hub, its new Milan headquarters built in the former Caproni aeronautical factory.^[55] In July 2017, Gucci announced the launch of Gucci Décor, the first time the brand tested itself in the home decoration segment.^[56] In April 2018, Gucci inaugurated the ArtLab, a 37,000-square-metre center of innovation outside of Florence in Italy, where new leather goods, footwear, new materials, metal hardware and packaging are developed and tested.^[57] In November 2018, Gucci opened the Gucci Wooster Bookstore in New York, a 2,000-book shop curated by the founder of Dashwood Books David Strettell.^[58] In April 2019, the company launched Gucci 9, a 500-employee network of 6 call centers worldwide for high-end customer service.^[59] Gucci also revived its makeup collection^[60] and launched its first fine jewelry collection.^[61]

In 2019, Gucci’s sales reached 9.6 billion euros.^[5]

In December 2020, following an agreement between Kering and Alibaba, Gucci launched two stores (fashion and beauty) on Tmall.^[62]

In May 2021, Gucci launched a collection of glasses, Hollywood Forever.^[63][64]

On November 23, 2022, Alessandro Michele left the post of creative director of Gucci.^[65]

Disney Collection

Since 2019, originally in celebration of Mickey Mouse’s 90th birthday, Gucci has held a collection of Disney apparel, including for Lunar New Year.^[66]

Corporate structure

Gucci’s holding company Guccio Gucci S.p.A. is based in Florence, Italy, and is a subsidiary of the French luxury group Kering. In 2018, Gucci operated 540 stores for 14,628 employees. The company generated €9.628 billion in revenue (€8.2 billion in 2018), and €3,947 billion in profits (€3.2 billion in 2018).^[5]

Governance

In the history of Gucci, up until the end of the Gucci family era, the design, promotion, and production of Gucci products were handled by the members of the Gucci family.^[67]

CEO

• Since 2014: Marco Bizzarri
• 2008–2014: Patrizio di Marco ^[68]
• 2004–2008: Mark Lee ^[69]
• 1994–2004: Domenico De Sole

Creative designers

• Since 2015: Alessandro Michele
• 2006–2015: Frida Giannini
• 1995–2004: Tom Ford
• 1989–1995: Dawn Mello

Initiatives

Culture

In 2011, the company opened the Gucci Museum (Gucci Museo) inside the 14th-century Palazzo della Mercanzia in Florence to celebrate its 90th anniversary.^[70][44] In 2016, Alessandro Michele curated two additional rooms dedicated to Tom Ford’s collections.^[71] In January 2018, following a renovation, the Gucci Museum reopened with a new name, the Gucci Garden, and a new restaurant within its walls, the Gucci Osteria, managed by Massimo Bottura.^[72] The Gucci Osteria was awarded one Michelin star in November 2019.^[73] In February 2020, a second Gucci Osteria opened on the rooftop of the Gucci Rodeo Drive store in Los Angeles.^[74]

In April 2017, Gucci financed the restoration of the Boboli Gardens at the Uffizi Gallery in Florence.^[75] In June 2019, Gucci financed the restoration of the historic Rupe Tarpea and Belvedere Gardens in Rome.^[76]

In 2008, Gucci launched the Gucci Tribeca Documentary Fund, an $80,000 fund to finance movies promoting social change and presented at the Tribeca Film Festival.^[77] By 2011, the fund grew to $150,000, including $50,000 for a newly created Women Documentary Award.^[78] In 2011, with the Venice Film Festival, Gucci also launched the ‘Gucci Award for Women in Cinema’ to underline the impact of women in film-making.^[79]

From 2005 to 2015, Gucci donated $20 million to UNICEF’s Schools for Africa program. Once Chime for Change was created, it became the funding vehicle of the Gucci-UNICEF partnership.^[80] Chime for Change was founded in February 2013 by Frida Giannini, Salma Hayek and Beyoncé as a global campaign for the improvement of education, health and justice for women worldwide.^[81] In June 2013, Chime for Change organized the Sound of Change Live concert which generated $4 million to fund 200 projects in 70 countries.^[82] In December 2013, Gucci inked a partnership with Twitter and Women Who Code to create the women-focused hackathon Chime Hack.^[83]

Gucci sells a yellow t-shirt that reads «My Body My Choice» and redistributes its proceeds to Chime for Change.^[84] In July 2013, activist Lydia Emily was commissioned to paint a mural on Skid Row, Los Angeles of a woman named Jessica, who is a survivor of human trafficking.^[85] In January 2019, Chime for Change launched the murals campaign «To Gather Together» promoting gender equality and designed by the artist MP5.^[86] In 2020, Gucci launched an «Unconventional Beauty» ad campaign, including a model with Down syndrome.^[87]

During the COVID-19 pandemic, Gucci pledged €2 million to two crowdfunding campaigns, the first to support the Italian Civil Protection Department, and the second for the COVID-19 Solidarity Response Fund.^[88]

Environment

In 2015, Gucci launched its own environmental profit and loss initiative.^[89] In October 2017, Gucci announced it would ban furs from its stores in 2018.^[90] In June 2018, the brand launched ‘Equilibrium’, its platform to communicate on its social and environmental efforts and progress.^[91] In September 2019, Marco Bizzarri announced Gucci’s intention to go entirely carbon neutral.^[92] In 2020, Gucci joined the UNDP-led Lion’s Share Fund to support wildlife conservation.^[93]

In popular culture

Eponymous adjective

«Gucci» is often used as an eponymous adjective; for example, «I feel Gucci!» or «that’s so Gucci!» are used to describe feeling luxurious or referencing something as being luxurious.^[94][95] The earliest known instance of Gucci used in this sense is Lenny Kravitz describing his bedroom as «very Gucci»^[96] in the September 1999 issue of Harper’s Bazaar.^[96]

Movies

After initially announcing plans for a movie about the Gucci dynasty in 2007,^[97] filmmaker Ridley Scott detailed specifics about his movie in November 2019; titled House of Gucci, the movie would star Lady Gaga as Patrizia Reggiani and Adam Driver as Maurizio Gucci.^[98] House of Gucci‘s world premiere took place at the Odeon Luxe Leicester Square in London on November 9, 2021.^[99] In 2000, Martin Scorsese had also announced plans to make a movie about the Gucci family.^[100]

Guinness World Records

• 1974: The Model 2000 Gucci watch broke the record for selling more than one million units in two years.^[8]
• 1998: The Gucci «Genius Jeans» set the record as the most expensive pair of jeans. The jeans were distressed, ripped, and covered with African-inspired beads and were priced at US$3,134 in Milan.^[101][102]

Counterfeiting

During the 1970s, the explosive popularity of Gucci turned the brand into a prime target of the counterfeiting industry.^[7] The Gucci workshops elaborated the brindle pigskin tanning technique that became a Gucci signature, and a tanning process difficult to counterfeit. In 1977 alone, Gucci launched 34 lawsuits for counterfeiting.^[8] By the mid-1980s, the brand was involved in «thousands of confiscations and lawsuits all over the world».^[103]

In 2013, the UK’s Intellectual Property Office issued a ruling that Gucci had lost the rights to its GG trademark in the UK «to a version of the GG logo in four categories, which encompassed garments such as bracelets, shoulder bags, scarves and coats».^[104] However, «according to Gucci, the ruling does not affect the use of its GG logo in the region» because «Gucci is the owner of several other valid registrations for this mark, including a Community Trade Mark (covering the European Union) for its iconic GG logo and those rights are directly enforceable in the U.K.»^[104]

In November 2008, the website TheBagAddiction.com was shut down after being sued by Gucci for selling counterfeit products.^[105] In 2013, Gucci cracked down on 155 domain names used by counterfeiters to sell fake Gucci products.^[106] In 2015, Gucci’s parent company Kering sued the Chinese website Alibaba for listing a lot of «obviously fake Gucci products» on its website.^[107] In April 2016, Gucci’s anti-counterfeiting legal actions backfired when the targeted products were the papier-mâché shaped exactly like Gucci products and burned by Chinese people during the ancestral Qingming Jie tradition.^[108] In April 2017, Gucci won a lawsuit against 89 Chinese websites selling fake Gucci products.^[109] In October 2018, Marco Bizzarri warned the Chinese ecommerce giants Alibaba and JD.com that Gucci could not open shop on their websites as long as they would not remove the many fake Gucci products out of their listings.^[110] In December 2019, Gucci sued three dozen websites selling fake Gucci products.^[111]

Controversies

In April 2016, the UK’s Advertising Standards Authority banned a Gucci online video ad because it starred an «unhealthily thin» model.^[112]

In February 2019, Gucci removed a black balaclava sweater with a rollup collar and a cut-out red-lipped mouth from its shelves after it had been compared to a blackface costume.^[113][114] Alessandro Michele responded that his inspiration came from the flamboyant Leigh Bowery but apologized for the way it had been interpreted.^[115] To address this issue, Gucci launched the ‘Gucci North America Changemakers Scholarship’ program dedicated to foster diversity within the fashion industry with a $5-million annual fund to support non-profits and community-based programs involved with «the African-American community and communities of color at-large».^[116] In May 2019, the Sikhs community in India criticized Gucci’s cultural appropriation of a religious item when the Italian brand commercialized turbans at $800 apiece.^[117] In July 2019, Gucci appointed a Global Head of Diversity to address the brand’s latest issues with cultural diversity.^[118] In October 2019, Gucci launched a $1.5-million scholarship program for US students traditionally underrepresented in the fashion industry.^[119]

In May 2019, Kering agreed to pay a $1.25-billion tax settlement with the Italian fiscal authorities following Gucci’s tax irregularities during the 2011-2017 fiscal periods.^[120]

During a September 2019 show that resembled a défilé of mental patients, catwalk model Ayesha Tan Jones held up their hands-on which «mental health is not fashion» was written, a reaction to the brand’s inappropriate commercial use of the imagery of mental illness.^[121]

See also

• Made in Italy

Bibliography

• Forden, Sara G. (2001). The House of Gucci: A Sensational Story of Murder, Madness, Glamour, and Greed. Custom House. ISBN 978-0060937751.
• Gucci, Patricia (2016). In the Name of Gucci: A Memoir. Crown Archetype. ISBN 978-0804138932.
• Gucci, Jenny (2008). Gucci Wars: How I Survived Murder and Intrigue at the Heart of the World’s Biggest Fashion House. John Blake. ISBN 978-1844545322.

References

External links

• Official website

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<>

Gucci

существительное

Гуччи

м.р.

The people on Santee Alley are not the ones who shop at Gucci.

завсегдатаи района Санте Алле — это совсем не те, кто отоваривается в Гуччи.

Gucci

м.р.
(Текстильная промышленность)

Thus Gucci simply becomes Lu-Gucci, Prada-Kny is registered in place of Prada.

Так из Gucci получается Lu-Gucci, вместо Prada можно зарегистрировать Prada-Kny.

Контексты

The people on Santee Alley are not the ones who shop at Gucci.
завсегдатаи района Санте Алле — это совсем не те, кто отоваривается в Гуччи.

Thus Gucci simply becomes Lu-Gucci, Prada-Kny is registered in place of Prada.
Так из Gucci получается Lu-Gucci, вместо Prada можно зарегистрировать Prada-Kny.

She snuck them out in a Gucci travel bag, a little Christmas present from me.
Все остальное она вынесла в дорожной сумке от Гуччи, это небольшой подарок от меня.

So, you ready to hang up your pink Gucci suit and come bail out with your real friends?
Значит, ты готов повесить свой розовый костюмчик от Gucci и пойти побултыхаться со своими настоящими друзьями?

Or we could slide the ring over, split the cash and get our Gucci on!
Или мы могли бы сплавить кольцо, разделить деньги и одеться в Гуччи!

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Предложения со словом «gucci»

Her beautiful Gucci bags had been ripped open with a knife, and all of her clothes were strewn about the sofa and chair.	Ее превосходные чемоданы были беспощадно взрезаны острым лезвием, а их содержимое разбросано по всей комнате.
He sat atop a gold Hummer with customized Gucci accessories, which only a Persian would think was cool. Mr. Xerxis, the Lesbos wouldn’t move.	Он сидел на вершине золотого Хаммера с заказными аксессуарами Гучи, которые только Персы считают крутыми.
An interior door opened and a bejeweled, Gucci-draped , elderly woman stepped into the reception area.	Открылась внутренняя дверь, и в приемную вышла увешанная драгоценностями, богато одетая пожилая дама.
Or we could slide the ring over, split the cash and get our Gucci on!	Или мы могли бы сплавить кольцо, разделить деньги и одеться в Гуччи !
The Gucci dwarf, and that drongo Danny!	Гном в Гуччи , и этот неандерталец Дэнни!
The man wears $1,000 suits and Gucci loafers.	Мужик носит костюмы за штуку баксов и ботинки от Гуччи .
I don’t see Howard Hamlin… ruining his $300 Gucci loafers out here.	Я не могу представить, чтобы Говард Хэмлин пачкал здесь свои 300 — долларовые ботинки от Гуччи .
She bought a dark-blue pants suit, black coveralls, and an imitation Gucci valise from a street vendor on Lexington Avenue. So far everything was going smoothly.	Она купила темно — синий брючный костюм, черную спецовку и чемодан — имитацию Гаучо у уличного торговца на Лексингтон — авеню. Пока все шло гладко.
Jaeger suits, Gucci shoes, Chanel bag.	Костюмы от Джагера, туфли от Гуччи , сумочку от Шанель.
A beautiful Western woman helping out world sufferers in a stunning Gucci scarf.	Прекрасная белая женщина, помогающая угнетённым в шикарном шарфе от Gucci .
It’s a Gucci brand designed by the Milan designers.	Это от Гуччи , разработано миланскими модельерами.
Well, when he’s not running errands for his uncle, he’s a known counterfeiter, does everything from knock-off DVDs to Gucci bags.	Ну, когда он не выполняет поручения дяди, он известный фальсификатор, он может все, от подделки DVD — дисков до сумочек Gucci .
More Gucci , less Axe Body Spray.	Больше Гуччи , меньше спрея для тела Axe.
She snuck them out in a Gucci travel bag, a little Christmas present from me.	Все остальное она вынесла в дорожной сумке от Гуччи , это небольшой подарок от меня.
I’m a long-time customer of that dry cleaner and that was a Gucci blouse.	Я долгое время пользуюсь услугами этой химчистки и это была блузка от Гуччи .
I marched right over, I dump her purse out and I smashed her Gucci sunglasses.	Я подошла, отшвырнула её сумочку и вмазала прям по очкам от Гуччи .
That wolf in Gucci clothing that tried to Judas me on the U.S. national bank consult.	Волком в шкуре от Гуччи , которая как Иуда предала меня в сделке с НацБанком США.
Yo, man, I got these knockoff Gucci shades- 20 bucks, and they’re yours.	Йоу, мужик, у меня есть поддельные солнцезащитные очки от Gucci — 20 баксов — и они твои.
The official remix features Diddy, Rick Ross, & Gucci Mane.	В официальном ремиксе представлены Diddy, Rick Ross и Gucci Mane.
The video for the official remix features Diddy and Rick Ross but not Gucci Mane nor his verse due to Gucci serving a prison sentence.	В видео для официального ремикса есть Дидди и Рик Росс, но не Гуччи Мане и его стихи из — за того, что Гуччи отбывает тюремное заключение.
Among the more popular include Marc Jacobs and Gucci , named for Marc Jacobs and Guccio Gucci respectively.	Среди наиболее популярных — Marc Jacobs и Gucci , названные в честь Marc Jacobs и Guccio Gucci соответственно.
Other related terms include Hampstead liberal, Gucci socialist, cashmere communist, and in Ireland, smoked salmon socialist.	Другие родственные термины включают хэмпстедский либерал, социалистический Гуччи , кашемировый коммунист, а в Ирландии — социалистический копченый лосось.
Their clients include John Legend, Avril Lavigne, Madonna, Tegan and Sara, Miley Cyrus, Eva Longoria, Gucci , Task Rabbit and Tory Burch.	Среди их клиентов — Джон Ледженд, Аврил Лавин, Мадонна, Тиган и Сара, Майли Сайрус, Ева Лонгория, Гуччи , таск Кролик и Тори Берч.
Some examples are in a 2018 Gucci runway show, white models wore Sikh headdresses, causing a lot of backlash.	Некоторые примеры находятся в 2018 году на подиуме Gucci , белые модели носили сикхские головные уборы, вызывая много отрицательной реакции.
The song was released as a free download from Gucci’s channel on YouTube and various blogs.	Песня была выпущена в качестве бесплатной загрузки с канала Gucci на YouTube и различных блогах.
In 2008, Franco was named as the face of Gucci’s men’s fragrance line.	В 2008 году Франко был назван лицом мужской парфюмерной линии Gucci .
Birdman now sports a star tattoo on the crown of his head, Gucci Mane has an ice cream tattoo on his right cheek, and Lil Wayne has tattoos on his eyelids and forehead.	У Бердмена теперь есть татуировка звезды на макушке головы, у Гуччи Мане — татуировка мороженого на правой щеке, а у Лил Уэйн — татуировки на веках и лбу.
Even more if we think that Guccio Gucci itself was an employee of Franzi.	Даже больше, если мы думаем, что сам Гуччо Гуччи был сотрудником Franzi.
I also would appreciate someone with knowledge putting in more about his recent collaboration with Gucci and what that means.	Я также был бы признателен, если бы кто — то со знанием дела рассказал больше о его недавнем сотрудничестве с Gucci и о том, что это значит.

На основании Вашего запроса эти примеры могут содержать грубую лексику.

На основании Вашего запроса эти примеры могут содержать разговорную лексику.

Gucci, Prada, not just football and engine-tuning.

Гуччи, Прада, а не только про футбол и ремонт моторов.

Calvi opened the new Gucci Sydney store on 30 November 2011.

30 ноября 2011 года Кальви участвовала в открытии нового магазина Гуччи в Сиднее.

Unless they’re wearing Gucci or Prada…

Пусть мы не носили Гуччи и Прада…

I was intimidated by the big labels — Prada, Gucci and Dior.

«Я был запуган крупными брендами, такими как Прада, Гуччи и Диор.

I like the Gucci, Gucci I like the dollar bill.

Gucci! Gucci, baby, what happened to you?

Гуччи, детка, что с тобой случилось?

In 1933, Guccio Gucci‘s son, Aldo Gucci joined the family business.

В 1933 году сын Гуччио Гуччи, Альдо Гуччи, присоединился к семейному бизнесу.

We got Gucci, Armani, another Gucci.

In 1982, Gucci became a public limited company, and leadership passed to Rodolfo’s son, Maurizio Gucci, who held 50 percent of the company’s shares.

В 1982 году Гуччи становится закрытой компанией, шефство в которой достается сыну Родольфо, Маурицио Гуччи, которому принадлежало 50% акций.

Gucci was founded by Guccio Gucci in the early 1920’s in a small shop in Florence.

Гуччи был основан Гуччио Гуччи в начале 1920-х годов в небольшом магазине во Флоренции.

Today Gucci also means elegant optical frames and sunglasses.

Сегодня Gucci — это еще и изысканные оправы и солнцезащитные очки.

Gucci shoes were especially commended for its quality and comfort.

Обувь Gucci прежде всего ценят за высокое качество и удобство в носке.

I really like Gucci at the moment.

She saved up and bought her first ever handbag from Gucci.

Откладывая деньги, она купила первую в своей жизни сумочку — от Gucci.

Then there is a Gucci store.

Look at this lush offering from Gucci.

Обратите внимание хотя бы на этот прекрасный вариант от Gucci.

You also recently collaborated on a project with Gucci.

I haven’t liked much Gucci this season.

Мне не очень нравится «Лейпциг» в этом сезоне.

Gucci is renowned worldwide for its fashion authority, Italian craftsmanship and quality…

Бренд Gucci признан во всем мире за свой авторитет в мире моды, итальянское мастерство и качество.

Competition from other fashion houses like Gucci had taken its toll.

Конкуренция с другими Домами моды, такими как Gucci, приводило к убыткам.

Ничего не найдено для этого значения.

Результатов: 2016. Точных совпадений: 2016. Затраченное время: 69 мс

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Gucci
Тип	Филиал от PPR (Euronext: PP)
Год основания	1921
Основатели	Guccio Gucci
Расположение	Флоренция, Италия
Ключевые фигуры	Guccio Gucci (основатель), Robert Polet (президент, CEO), Alexis Babeau (финансовый директор), Frida Giannini (креативный директор)
Отрасль	Потребительские товары
Продукция	текстиль, одежда, парфюмерия, аксессуары, предметы роскоши, интерьер
Материнская компания	PPR
Сайт	Официальный сайт

Гуччи (итал. Gucci) (также Дом Гуччи (англ. House of Gucci)) — итальянский дом моды и модный бренд. Gucci считается одним из самых известных, престижных и легко узнаваемых модных брендов в мире. Дом Gucci принадлежит французскому конгломерату Pinault-Printemps-Redoute (PPR) и является второй крупнейшей по объёмам продаж модной компанией после LVMH.

История

1921—1983

Дом Gucci (House of Gucci) основан во Флоренции в 1921 году Гуччо Гуччи (итал. Guccio Gucci) (1881—1953). В 1938 компания расширяется и открывает бутик в Риме. В 1947 году Gucci выпускает сумку с бамбуковыми ручками, которая до сих пор является фирменным продуктом компании. В течение 1950-х годов компания также разрабатывает фирменные полосатую узкую крепкую ткань и замшевые мокасины с металлическими застежками. После смерти Гучио в 1953 году его сын Альдо Гуччи помог направить компанию к международной известности, открыв первые бутики в Лондоне, Париже и Нью-Йорке. Даже в самые ранние годы компании семья Гуччи была известна своими яростными внутренними конфликтами. Разногласия по поводу наследства, фондовых вложений и каждодневных управлений магазинами часто разделяли семью и сводили в союзы. Собрания по поводу расширения сети за рубежом и будущего компании часто заканчивались вспышками гнева и метаниями друг в друга сумок и кошельков.

В конце 1960-х Gucci нацеливается на Дальний Восток для своего дальнейшего расширения, открыв магазины в Гонконге, Токио и Корее. В то же время компания разрабатывает свой известный логотип GG (инициалы Гуччо Гуччи), шёлковый шарф Flora, который носила голливудская актриса Грейс Келли, и плечевую сумку Jackie O, которую сделала знаменитой Джеки Кеннеди, жена президента США Джона Ф. Кеннеди. В конце 1970-х Gucci оставалась одной из первых компаний по производству предметов роскоши в мире, пока серия катастрофических деловых решений и семейных ссор почти не привела компанию к банкротству. В то время братья Альдо и Родольфо Гуччи контролировали ровно 50% долей компании. В 1979 году Альдо разрабатывает коллекцию аксессуаров Gucci Accessories Collection, или GAC, предполагая поддержать продажи сектора парфюмерных товаров Gucci Parfums, которыми занимались его сыновья. GAC включает в себя такие небольшие аксессуары, как косметички, зажигалки и ручки, которые стоили гораздо меньше, чем другие каталоговые аксессуары компании. Альдо перепоручает контроль над Parfums своему сыну Роберто из-за ослабевшего контроля над общим управлением компанией со стороны Родольфо.

Альдо Гуччи расширяет интересы компании, вливаясь в новые рынки, включая соглашение с American Motors Corporation (AMC). Автомобиль AMC Hornet 1972 года, укомплектованный фургоном «Sportabout», стал одним из первых американских автомобилей со специальной роскошной комплектацией, созданной известным модным дизайнером. Автомобили от Gucci изнутри смело обшиты полосатой зелёной, красной и бежевой текстурой, дизайнерскими эмблемами, внешний цвет авто также был подобран дизайнером. Несмотря на то что Gucci Accessories Collection расходилась хорошо, этот факт стал одним из мотивов разрушения династии Гуччи. В течение нескольких лет продукты от Parfums стали продаваться лучше, чем от Accessories. Новоиспеченный оптовый бизнес стал исключительным брендом для более, чем тысячи магазинов линии GAC и только в США, ухудшив положение бренда среди модных потребителей. Как пишет редактор Vanity Fair Грэйдон Картер (англ. Graydon Carter), «в 1960-х и 1970-х годах Gucci была на вершине шика, благодаря таким иконам, как Одри Хепберн, Грейс Келли и Жаклин Онассис. Но в 1980-х Gucci теряет своё положение, становясь клейким аэропортовым брендом.»

Дешёвые товары от Gucci наводнили маркеты, далее принижая имя компании. Тем временем, семейные ссоры сказывались не лучшим образом на делах компании в Италии. Родольфо и Альдо пререклись по поводу отделения Parfums, скудных 20% от доли которого контролировал Родольфо. В середине 1980-х, когда Альдо был осуждён за уклонение от уплаты налогов в США по показаниям собственного сына, возмутительные заголовки жёлтой прессы создавали публичный образ Gucci так же, как и товары компании.

Большие перетряски в компании произошли после смерти Родольфо в 1983 году, когда он оставил свои 50 % доли компании своему сыну Маурицио Гуччи (итал. Maurizio Gucci). Маурицио вместе с Паоло, сыном Альдо, решил увеличить своё влияние в Совете директоров компании и образовал для этого отделение лицензирования Gucci Licensing в Голландии. После того, как остальное семейство покинуло компанию, впервые за последние годы лишь один человек стоял у руля компании Gucci. Маурицио прекратил семейные разногласия, которые рвали компанию изнутри, и решил искать другие таланты во имя будущего Gucci.

Корпорация Gucci

Изменения в компании, произошедшие в конце 1980-х годов, сделали Gucci одним из самых влиятельных и прибыльных модных домов в мире. В октябре 1995 года компания стала публичной и выпустила акции на AEX и NYSE по $22 за каждую. 1997 год также оказался весьма удачным для компании, так как ею была приобретена часовая компания Severin-Montres, переименованная впоследствии в Gucci Timepieces.

Новый менеджмент

В 1989 году Маурицио Гуччи убеждает Доун Мелло (англ. Dawn Mello), оживившую New York’s Bergdorf Goodman в 1970-х, что сделало ее звездой в розничном бизнесе, присоединиться к реструктурированной Gucci Group в качестве исполнительного вице-президента и всемирного креативного директора. У руля Gucci America был Доменико Де Соль (итал. Domenico De Sole), бывший юрист, помогавший Маурицио в реструктуризации компании в 1987 и 1989 годах. Последним дополнением к креативной команде, которая уже включала в себя дизайнеров от Джефри Бина (англ.  Geoffrey Beene) до Келвина Кляйна, стал молодой дизайнер Том Форд. Выросший в Техасе и Нью-Мексико, он интересовался модой с подросткового возраста, но решил заняться карьерой дизайнера после того, как закончил Школу Дизайна Parsons в 1986 году по архитектурной специальности. Мело нанимает Форда в 1990 году, убеждая своего партнёра, писателя и редактора Ричарда Бакли.

Ранние 1990-е стали для Gucci худшими годами в истории компании. Маурицио раздражает дистрибьюторов, акционеров Investcorp, и руководителей в Gucci America тем, что резко сдерживает продажи Gucci Accessories Collection, которая в США отдельно приносят 110 миллионов долларов дохода ежегодно. Новые аксессуары компании не могут преодолеть этого ослабления и, как следствие, следующие три года компания переносит тяжёлые потери и колеблется на грани банкротства. Маурицио был обаятельным человеком, который страстно любил свой семейный бизнес, но после четырёх лет большинство старших менеджеров компании принимает решение, что он неспособен более руководить компанией. Его менеджмент возымел неблагоприятный эффект на желательность бренда, качество продукции и управление распределения. Он был вынужден продать свои доли компании Investcorp в августе 1993 года. Доун Мелло возвращается к своей работе в Bergdorf Goodman менее, чем через год после ухода Маурицио, а позицию креативного директора занимает 32-летний Том Форд. Форд проработал годы под невдохновляющим руководством Маурицио и Мелло и теперь захотел повернуть имидж компании в новом направлении. Де Соль, поднявшийся до должности президента и главного исполнительного директора Gucci Group NV, осознает, что если Gucci станет прибыльной компанией, это потребует нового имиджа, и он принимает новое видение Форда.

Тем временем, Доменико Де Соль отклоняет запрос компании Arnault на совете директоров, где та хотела получить доступ к конфиденциальной информации компании по заработку, стратегическим собраниям и дизайнерским концептам. Де Соль противодействует выпуском новых акций для ослабления значимости пакетов акций Arnault. Он также приближается к французской компании Pinault-Printemps-Redoute (PPR) с целью возможности формирования стратегического союза. Франсуа Пино, основатель компании, соглашается с этой идеей и приобретает 37 млн акций компании, или 40 % доли. Доля Arnault разбавлена до 20 %. Юридическая борьба продолжилась требованием поставить под вопрос законность нового партнёрства Gucci-PPR. Тем не менее, суды Нидерландов окончательно поддержали сделку PPR, так как она не нарушает деловые законы страны. PPR сейчас владеет 68 % группы. Вторым большим акционером является Crédit Lyonnais с 11 %. К сентябрю 2001 года соглашение было распределено между Gucci Group, LVMH и PPR. 2001 год также стал невероятным годом для Gucci Group с приобретением процентов компаний Bottega Venetta, Di Modolo, Balenciaga и с формированием партнёрства со Stella McCartney.

После неудачной попытки возобновления контракта с PPR в 2003 году, Том Форд и Доменико Де Соль решают покинуть Gucci Group. Последнее шоу Форда для Gucci было возвращением к корням его первой успешной коллекции — к культу знаменитости. На рекламных принтах отображались модели в гладких, простых платьях, вдохновленные гламуром звёзд немого кино 1920-х. Форд повысил ценность доступной одежды прет-а-порте и использовал такие экзотические материалы, как кожу аллигатора и свиную шкуру. Его коллекция для Yves Saint Laurent последовала после лидера предыдущего сезона в женской одежде от Gucci с форменными кимоно и азиатскими платьями и с классическими смокингами и куртками в мужской коллекции. Объявление о его уходе из компании сопроводила полная продажа многих вещей в нью-йоркских магазинах, а списки ожидания его последних аксессуаров были сформированы всего в течение нескольких дней после показа коллекции в Милане. В 2005 году Том Форд начал разрабатывать дизайн линии косметики для Estee Lauder и спланировал свою собственную линию прет-а-порте и аксессуаров под лейблом Tom Ford.

После ухода Форда Gucci Group удержала дизайнеров для продолжения успеха главного лейбла компании — Алессандру Факкинетти (итал. Alessandra Facchinetti) и Фриду Джаннини (итал. Frida Giannini), которые работали под креативным руководством Форда. Факкинетти выросла в должности до Креативного директора женской одежды в 2004 году и занималась дизайном в течение двух сезонов до своего ухода из компании после управленческого конфликта. Рэй занимал должность креативного директора мужской одежды в течение трёх лет до своей отставки в январе 2006 года. 32-летняя Джаннини, бывшая ответственной за разработку мужских и женских аксессуаров, в настоящее время занимает должность Креативного директора целого бренда. Коллекция Джаннини весны 2006 года была восхвалена за свою цветовую гамму и энергию, впервые после сезона Форда 1995 года воссоздавая ажиотаж вокруг прет-а-порте от компании. Коллекции Джаннини с тех пор ушли от эротических образов Форда 1990-х.

Gucci сегодня

Согласно данным журнала BusinessWeek в 2008 году бренд Gucci заработал €2.2 миллиарда^[1].

Бренды

Gucci Group благодаря серии слияний неуклонно расширяется за пределы бренда Gucci. К 2004 году Gucci Group владеет целыми или частями долей следующих компаний и брендов:

• Одежда
  • Gucci (100 % доля собственности и 100 % производства часов)
  • Yves Saint Laurent (100 %, также 100 % — парфюмерия и часы)
  • Sergio Rossi (100 %)
  • Bottega Veneta (78.5 %)
  • Alexander McQueen (51 %, также парфюмерия — 100 %)
  • Stella McCartney (50 %, также парфюмерия — 100 %)
  • Balenciaga (91 %)

• Парфюмерия
  • Roger & Gallet
  • Boucheron (также ювелирное дело и часы)
  • Ermenegildo Zegna
  • Oscar de la Renta

• Часы
  • Bedat & Co (85 %)

Мировые офисы и штаб-квартиры компании расположены во Флоренции, Париже, Лондоне и Нью-Йорке. Штаб-квартиры PPR — в Париже.

Примечания

Ссылки

• Официальный сайт Gucci
• Гуччио Гуччи — история бренда
• Интервью с Фридой Джианини (англ.)

	Gucci на Викискладе?