The House of Gucci, better known simply as Gucci (Italian pronunciation: [ɡuttʃʃi]), is an Italian fashion and leather goods label, part of the Gucci Group, which is owned by French company Pinault-Printemps-Redoute (PPR). Gucci was founded by Guccio Gucci in Florence in 1921.[1]
Gucci generated circa €2.2 billion worldwide of revenue in 2008 according to BusinessWeek magazine and climbed to 41st position in the magazine's annual 2009 "Top Global 100 Brands" chart created by Interbrand.[2] Gucci is also the biggest-selling Italian brand in the world.[2] Gucci operates about 278 directly operated stores worldwide (at September 2009) and it wholesales its products through franchisees and upscale department stores.[3]
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