Who owns the brand Gucci?

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 was creative director from January 2015 to November 23, 2022. Gucci is a subsidiary of the French luxury group Kering.

What brands own of Kering?

A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, as well as Kering Eyewear.

Who is the largest shareholder of Gucci?

Either way, with Bertelli’s stake in hand, LVMH became Gucci’s largest single shareholder, and Arnault did not stop there. By mid-January, LVMH revealed that it had upped its stake in Gucci yet to 26.7 percent.

Does Prada own Gucci?

Prada who had acquired the shares of Gucci eventually sold them to LVMH. LVMH came in to take over Gucci. However, the fight had just started. The second luxury magnate in France – after Bernard Arnault – Mr.

Who owns Kering now 2022?

The parent holding company of Kering is Groupe Artémis. In 2020, Kering made 13.1 billion euros in revenue, 17.5% from the previous year. The group has 30.956 employees and 1.381 stores. Its brands Gucci, Saint Laurent and Bottega Veneta generated 84% of the group’s revenue.

Why is Kering sold Puma?

Kering said the sale proceeds will be used for general corporate purposes and will further boost its financial structure. It could also give the company additional ammunition for acquisitions. Last month, Chief Executive Officer Francois-Henri Pinault said Kering had the financial means to look at deals.