Who Owns GUCCI Billion Dollars Brand {Updated}

In 1921,Guccio Gucci started his own shop in Florence, where he made imported luggage. Along with the shop, Guccio Gucci also set up a small workshop, where he started making small things at the local level, all those things were made using leather. Because Guccio Gucci understood the quality of leather and the quality of the rich people like it, so he took care of that from the beginning and started making that quality according to the rich from the very first day in general. Due to the good quality of the goods, the demand for the respect made by him increased so much that his small workshop started falling short. Due to the high demand for Gucci goods, his workshop was now small, now he decided to expand the workshop but still he was not able to decide to become a big brand with the local brand mindset.
Gucci’s wife and his five sons all cooperated with him in running the shop. In 1925, Gucci’s eldest son, Aldo Gucci, took full interest in his father’s business and began expanding his father’s work. In 1938, Aldo Gucci convince his father Guccio Gucci, started a new shop in Rome town. From the very beginning, Gucci presented his brand as a luxury brand and with the same thinking, he kept the interior, look and feel of the store. After the Second World War, due to the decrease in the availability of leather, Gucci started making cotton canvas bags instead of leather. In this, he used green and red color ribbons and used double G font, later it became Gucci’s signature style. Gucci’s business began to boom after children joined the business and opened a new shop in Milan in 1951.After two years Guccio Gucci left this world and then his children started taking over the business and after 2nd weeks of Gucci’s death opened a new store in New York. His brand had become so famous that even John Kennedy’s wife started using Gucci’s product. I think readers get the answer in the articles of the question Who Owns GUCCI, answer is Guccio Gucci is the founder and the owner of the brand and the later on all his sons take the charge of the brand.

By the 1990s, there were so many quarrels and disputes among the Gucci brothers that customers started saying that they had forgotten to do Gucci innovations. Here comes a twist in the Gucci brand where they hired Tom Ford as creative director in 1994. Make over the brand under the guidance of Tom Ford and the brand grew sales by 90% and became the Most Trusted and fashionable Brand in no time. Tom Ford knew that humans need sex, so he got Gucci’s products designed keeping in mind the sex and excitement and in which he got success. Because of which his competitor is also surprised that Gucci is doing what kind of experiment, but Gucci got the advantage and got the main sales growth. He started designing the product on a 60% classic and 40% trends.