Who owns Gucci? All info

Who owns Gucci is a question many a fan of the clothing brand asks. The fashion company has gained even greater popularity in recent years thanks to strong marketing campaigns. The luxury brand is a traditional label with origins in Italy.

Who owns Gucci? Simply explained

Who owns Gucci is easy to explain. The Gucci brand and the company Guccio Gucci S.p.A are owned by the French luxury goods group Kering.

• Gucci was founded in 1921 by master saddler Guccio Gucci. The leather goods and luggage were made in Florence at the time.

• Over the next few years, the label made a name for itself with its handbags and expanded internationally in 1953.

• In the 1970s, Gucci also began making clothing and perfumes.

• In the 1980s, family conflicts arose among the company’s founding family and the brand lost its appeal.

• In 1989, the Bahrain-based company “Investcorp International” acquired 50 per cent of the company.

• Maurizio Gucci, the grandson of Guccio Gucci sold the remaining 50 percent to “Investcorp International” in 1993.

• Since 2004, Kering owns 99.4 percent of the fashion company.