| The House of Gucci which is more popularly known as | | | | internationally. Gucci has around 425 stores worldwide. |
| just Gucci, is truly an icon in Italian fashion as well as a | | | | They wholesale their products through their |
| renowned leather goods designer label. This fashion | | | | franchisees and the upscale department stores. |
| house was founded by the Italian Guccio Gucci in 1921 | | | | Through a turnaround devised within the company in |
| in Florence. Gucci has been considered to be one of | | | | the late 1980s, Gucci was made into one of the most |
| the most prestigious, famous and easily recognizable | | | | influential fashion houses in the world and into a very |
| fashion brands globally. This fashion house belongs to | | | | profitable business operation. Gucci later on went public |
| the Pinault-Printemps-Redoute (PPR) which is a well | | | | in October of 1995 and had its very first public offering |
| known French conglomerate company. | | | | on the NYSE and AEX for $22 per share. In |
| Back in 2006, Gucci has been able to generate a | | | | November of 1997, Gucci acquired Severin-Montres, a |
| global revenue of more than US$7 billion based on a | | | | watch licensee, which they renamed Gucci |
| report done by BusinessWeek magazine. It also | | | | Timepieces. The firm was also acknowledged by |
| ranked 46th in the annual chart of the magazine for | | | | many organizations for its financial and economic |
| the "Top 100 Brands". Because of this, Gucci has been | | | | performance, management quality as well as it |
| cited to be the next biggest selling fashion houseor | | | | strategic vision. |
| label after LVMH. It is also the best selling Italian brand | | | | |