Gucci, the iconic Italian fashion house known for its luxury designs and high-quality products, has undergone several changes in ownership and leadership over the years. The brand operates under the guidance of its CEO, Stefano Cantino, who took on the role in early 2025. In this article, we will delve into the current ownership of Gucci, the brands owned by the fashion house, and the individuals who are currently at the helm of this prestigious luxury brand.
Who is Gucci owned by?
Gucci is owned by the French luxury group Kering, formerly known as PPR (Pinault-Printemps-Redoute). Kering acquired Gucci in 1999, marking the beginning of a new chapter for the iconic Italian fashion house. Under the leadership of Kering, Gucci has experienced significant growth and success, solidifying its position as one of the world's leading luxury brands.
Brands owned by Gucci
In addition to Gucci, Kering also owns a portfolio of other prestigious luxury brands. Some of the notable brands under the Kering umbrella include Saint Laurent, Balenciaga, Bottega Veneta, and Alexander McQueen. Each of these brands brings its unique aesthetic and design ethos to the Kering group, contributing to its diverse and dynamic portfolio of luxury fashion houses.
Current owner of Gucci
As mentioned earlier, Gucci is currently owned by Kering, a French luxury conglomerate with a strong presence in the fashion and luxury goods industry. Kering's ownership of Gucci has been instrumental in the brand's continued success and growth, providing the resources and strategic direction needed to maintain its position as a leading luxury fashion house.
Who bought out Gucci?
Kering, then known as PPR, bought out Gucci in 1999 in a landmark acquisition that reshaped the luxury fashion landscape. The acquisition marked the beginning of a new era for Gucci, as the brand came under the ownership of a larger luxury group with the resources and expertise to support its growth and development.
What happened to Gucci owner?
Following Kering's acquisition of Gucci in 1999, the brand's original owners, the Gucci family, no longer had a controlling stake in the company. The Gucci family had played a significant role in the history and success of the brand, but with the acquisition by Kering, ownership of Gucci passed into the hands of the French luxury conglomerate.
Is Gucci still family owned?
Gucci is no longer a family-owned business, as ownership of the brand now resides with Kering, a publicly traded company with shareholders and a board of directors. While the Gucci family played a pivotal role in the brand's early history and success, the company's ownership structure has evolved over the years, with Kering now serving as the parent company of Gucci.
Is Balenciaga owned by Gucci?
Balenciaga is not owned by Gucci, but rather by Kering, the same luxury group that owns Gucci. Balenciaga is a separate brand within the Kering portfolio, known for its avant-garde designs and innovative approach to fashion. Both Gucci and Balenciaga operate as distinct entities under the Kering umbrella, each with its unique identity and creative direction.
Who owns Gucci today?
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