Who Owns Gucci Now?

Gucci, the Italian luxury brand, has been a fashion icon for decades. It is known for its high-end fashion products such as clothes, accessories, and perfumes.

But have you ever wondered who owns Gucci now? In this article, we will take a closer look at the history of Gucci and its current ownership.

The Origins of Gucci

Gucci was founded in 1921 by Guccio Gucci in Florence, Italy. The brand started as a small leather goods and luggage company and quickly gained popularity among the wealthy elite of Europe. By the 1950s, Gucci had become one of the most sought-after luxury brands in the world.

The Rise and Fall of Gucci

In the 1970s and 1980s, Gucci experienced a decline due to poor management decisions and family feuds. It was during this time that various companies attempted to acquire the brand. However, it was in 1993 when Maurizio Gucci sold his stake in the company to Investcorp that things turned around for Gucci.

The Arrival of Tom Ford

In 1994, Tom Ford joined Gucci as creative director and turned around the fortunes of the brand with his innovative designs and marketing strategies. Under Ford’s leadership, Gucci became one of the most profitable luxury brands in the world.

The Acquisition by Kering

In 1999, French luxury conglomerate Kering (formerly known as Pinault-Printemps-Redoute or PPR) acquired a controlling stake in Gucci. Kering is now one of the largest luxury goods companies in the world with brands such as Yves Saint Laurent, Balenciaga, Alexander McQueen, and Bottega Veneta under its umbrella.

Current Ownership Structure

As of 2021, Kering owns 70.2% of Gucci’s shares, making it the majority stakeholder in the company. The remaining shares are publicly traded on the Italian stock exchange.


Gucci has had a long and tumultuous history, but it has managed to remain one of the most iconic luxury brands in the world. Its current ownership by Kering ensures that the brand will continue to thrive and innovate for years to come.