Gucci was founded by Guccio Gucci in the early 1920s. As an immigrant in Paris and then London‚ Guccio made a living working in luxurious hotels and was impressed with the affluent luggage he saw the guests carrying. Inspired particularly by the elevated lifestyle he witnessed in the Savoy Hotel in London‚ on his return to Italy he decided to merge this refined style of living with the exclusive skills of his native craftsmen. Specifically he utilised the skills of local Tuscan artisans. He began
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GUCCI Dr. Nan McIssac MKT/571 The retailer of my choice will be Gucci. I am in love with everything about Gucci and what it represents. Gucci was founded by Guccio Gucci in Florence‚ Italy in 1921. Gucci is an Italian fashion label which produces clothing‚ watches‚ jewelry‚ shoes and leather goods. In 2010 Gucci launched it’s very first children’s clothing line. It is the biggest selling Italian brand and it is exquisite. It should not be surprising as to
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In 1921‚ Guccio Gucci opened a leather goods company and small luggage store in his native Florence. Though his vision for the brand was inspired by London‚ and the refined aesthetic of English nobility he had witnessed while working in the Savoy Hotel‚ his goal on returning to Italy was to ally this classy sensibility with the unique skills of his native Italy. Specifically‚ with the master craftsmanship of local Tuscan artisans. Within a few years‚ the label enjoyed such success the sophisticated
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GUCCI HANDBAGS Gucci Handbags Gucci handbags are some of the most desired and most attractive handbags available in the market. Synonymous with elegance and quality‚ the price of Gucci handbags‚ from the bamboo-handled handbag which catapulted the Gucci brand into international fame in the 1940s (and still used today) to the sleek new collection for 2005‚ varies from an affordable $100.00 to as high as $3‚000.00. The newest line of Gucci Handbags was launched in the latter part of 2004
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supply chain1 Professor Corrado Cerruti‚ University of Roma Tor Vergata‚ Italy and Professor Alan Harrison‚ Cranfield School of Management‚ UK Case date: 2005 Gucci Group: a brief overview Gucci Group‚ with consolidated sales over 3.2bn‚ is a world-leading‚ multi-brand company in the fashion business. In addition to the core Gucci brand‚ the Group incorporated other leading brands such as Yves Saint Laurent‚ Sergio Rossi‚ Boucheron‚ Bottega Veneta and Balenciaga together with designer brands
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A Anna Abrell‚ Lottie Batchelor‚ Ankita Choudhary‚ Yuou Du‚ Marianne Halmela‚ Martin Zirfas Table of Contents ! " Gucci’s strategy! " The luxury goods sector! " Gucci SWOT analysis! " Strategic group analysis! " Future predictions Is Gucci good at strategy? ! " When Tom Ford was in charge‚ the business was more design-focused & control was centralised - there were disputes between Tom & De Sol regarding managerial control " With the appointment of Robert Polet‚ control became decentralised
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Executive Summary Gucci Group is a luxury goods retailer focusing on improving their market share while producing high quality fashionable items. Initially‚ Gucci’s poor business strategy and internal family conflict directly resulted in decreased sales and net income. When Investcorp took control of the company‚ Gucci regained their success through quality management and acquisitions. Gucci’s product line now includes a large range of products. We would like to continue Gucci’s success and believe
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Gucci (Italian pronunciation: [ˈɡuttʃi]) is an Italian luxury fashion house‚ part of the Gucci Group‚ which is owned by French company Kering formerly known as PPR.[2][3][4] Gucci was founded by Guccio Gucci in Florence in 1921.[5] Gucci generated about € 4.2 billion in revenue worldwide 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.[6] Gucci is also the biggest-selling Italian brand.[6] Gucci
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have to mention that the desired identity by the company can be different from perceived identity by customers. (Elite VS Middle VS Accessible) Time Period Directed by Management result Desired Identity Perceived Identity 1920’s ~ 1970’s Guccio Gucci Prosperity Middle luxury Middle luxury 1970’ ~ 1980’s Aldo & Rodolfo Internal conflict Middle luxury Middle luxury 1980’s ~1990’s Maurizio Adversity Elite luxury Middle luxury 1990’s ~ 2005’s Tom & Domenico Prosperity Middle luxury Middle
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Problem Statement With current economic downturn‚ should Robert Polet concentrate solely on strengthening the Gucci brand further‚ or should he expand the multi-brand strategy to the next level? Situation Analysis As the economy began to deteriorate near the end of 2008‚ luxury brands like Gucci‚ Prada‚ and Louis Vuitton all began to feel the effects. Consumers were beginning to spend less and save money through the times of economic uncertainty. One of the hardest hit industries what that of
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