The fashion industry is full of rumors and speculations, and one that has been circulating for a while is whether Tom Ford, the famous American fashion designer, is the owner of Gucci. In this article, we’ll explore the truth behind this rumor and shed light on the facts.
Who is Tom Ford?
Tom Ford is a well-known American fashion designer who has worked with several high-end fashion brands. He gained fame in the 1990s when he became the creative director at Gucci and helped revamp the brand’s image. After leaving Gucci in 2004, he launched his own brand called “Tom Ford” which includes clothing, accessories, fragrances, and eyewear.
The History of Gucci
Gucci is an Italian luxury brand that was founded in 1921 by Guccio Gucci. The brand started as a small leather goods store in Florence but soon grew to become a globally recognized luxury brand. Over the years, the brand has changed hands several times and has undergone many transformations.
In 1990, Tom Ford was appointed as the creative director of Gucci. He was responsible for turning around the company’s fortunes by introducing new designs and marketing strategies that made it more appealing to younger audiences.
Is Tom Ford Owner of Gucci?
No, Tom Ford is not the owner of Gucci. In fact, he hasn’t been associated with the brand since he left his position as creative director in 2004.
Currently, Gucci is owned by Kering Group (previously known as PPR), a French multinational luxury goods conglomerate that also owns other luxury brands such as Saint Laurent, Balenciaga, Alexander McQueen, and Bottega Veneta.
Conclusion
In conclusion, while Tom Ford played a significant role in reviving Gucci’s fortunes during his time as creative director, he is not the owner of the brand. Gucci is currently owned by Kering Group, a French multinational luxury goods conglomerate. It’s important to separate fact from fiction in the fashion industry, and this article hopefully clears up any confusion about who owns Gucci.