In this documentary, meet the famous fashion dynasty: House of Gucci. Gucci is an Italian high-end luxury fashion house based in Florence, Italy. Its product lines include handbags, ready-to-wear, footwear, and accessories, makeup, fragrances, and home decoration.
Gucci was founded in 1921 by Guccio Gucci 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). Marco Bizzarri is CEO of Gucci since December 2014, and Alessandro Michele creative director since January 2015. Gucci is a subsidiary of the French luxury group Kering.
Despite the family disputes, between 1981 and 1987, the sales of trademarked Gucci products reached $400 million, and $227 million in 1990 alone. 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.
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. In March 1995, Maurizio Gucci was shot dead in the lobby of Gucci's Milan office. His ex-wife Patrizia Reggiani served 16 years in jail for hiring the hitman to murder him.
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).
This will answer
Is House of Gucci a true story?
What story is House of Gucci based on?
Is the Gucci family still rich?
Is Gucci's wife still in jail?
Who owns Gucci now?
How much is Lady Gucci worth?
How old is Alessandra Gucci?
Where are Gucci daughters?
Are any Gucci still alive?
Who created Gucci?
Who is the heir of Gucci?
What is Gucci mean in Italian?
What is Gucci's logo?
Is Gucci owned by Tom Ford?
Is Alessandra Gucci rich?
Does Alessandra Gucci talk to her mother?
Who is Tom Ford net worth?
Where is Gucci's wife now?
Where is Mrs Gucci now?
How old are the Gucci sisters?
Is Tom Ford still with Gucci?
Who raised Alessandra and Allegra Gucci?
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