Who Owns North Face Gucci?

If you’re a fashion enthusiast, you might have heard of North Face and Gucci. Both brands are well-known for their high-quality products and unique designs.

But have you ever wondered who owns these companies? In this article, we’ll explore the ownership of North Face Gucci.

Firstly, let’s talk about North Face. The company was founded in 1966 by Douglas Tompkins and Kenneth “Hap” Klopp.

It started as a small store that sold mountaineering gear but quickly grew into a renowned brand that offers a wide range of outdoor clothing and equipment. In 2000, North Face was acquired by VF Corporation, which is an American apparel and footwear company that also owns other popular brands like Vans, Timberland, and Dickies.

Now let’s move on to Gucci. The Italian luxury brand was established in 1921 by Guccio Gucci in Florence.

It initially specialized in leather goods but later expanded its product range to include clothing, shoes, accessories, and fragrances. In 1994, Gucci went public and became one of the most valuable fashion companies in the world. However, it faced financial difficulties in the late 90s due to internal conflicts among its management team.

To save the company from bankruptcy, Gucci was acquired by French luxury group Kering (previously known as PPR) in 2004. Kering is the parent company of several other high-end brands such as Saint Laurent, Alexander McQueen, and Balenciaga.

So to answer the question – who owns North Face Gucci? The answer is VF Corporation owns North Face while Kering owns Gucci.

In conclusion, both North Face and Gucci are successful brands that have been acquired by larger corporations over time. While they may have different Target markets and product offerings, they share a common goal – to create innovative products that cater to their customers’ needs.