|Net Worth:||$18.1 billion|
What is Gucci’s Net Worth
Gucci is an Italian highly luxurious, and opulent fashion brand with its headquarters situated in Florence, Italy. Its product categories include ready-to-wear, accessories, footwear, handbags, and home decoration. Additionally, it grants Coty, Inc. a trademark license for the Gucci Beauty line of fragrances and cosmetics.
Guccio Gucci (1881-1953), a designer from Florence, Tuscany, founded Gucci in 1921. Under Guccio’s son Aldo’s direction, Gucci became a household name and a representation of the Italian Dolce Vita.
Subsequently, in 1993, the Gucci family completely lost control of the company’s cash due to internal conflicts that had started in the 1980s.
‘Porno Chic’ provocative artifacts were used to rebuild the brand after this disaster. The French business Pinault Printemps Redoute, later known as Kering, acquired Gucci in 1999. Gucci developed a renowned “geek-chic” reputation in the 2010s.
Gucci has 17,157 staff working in 487 establishments in 2019, which produced €9.628 billion in revenue (up from €8.2 billion in 2018). Marco Bizzarri has been the CEO of Gucci since December 2014.
From January 2015 to November 23, 2022, Alessandro Michele served as the fashion room’s creative director. The French opulence company Kering owns Gucci.
Here on Networthforum, we calculate all net worths using data drawn from public sources. We often incorporate tips and feedback from individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of Gucci. So feel free to check back for the current Gucci net worth in case of any update on its net worth.
Leave a Reply