Gucci s exceptional and dynamic growth is a guarantee of longevity. We work with suppliers, from mining to recycling, to verify that our requirements are being met for the people and communities in our supply chain. Gucci was founded in 1921 when guccio gucci opened a leather goods company and small luggage store in his native florence. It is part of the gucci group, which is owned by french company ppr. Jan 15, 2020 gucci was founded in 1921 when guccio gucci opened a leather goods company and small luggage store in his native florence. From november 16, 2018 to february 1, 2019, visitors to the shanghai exhibition center explored the world of louis vuitton, got to know. It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income. As of 2019, 38 percent of the guccis revenues were generated. Gucci is one of the most iconic and wellknown luxury personal goods brands in the world.
The gucci story gucci was named the hottest brand of 2017 according to a business of fashion article. Gucci annual report concept published on nov 23, 2017 an abstract approach to an annual report that focuses on the launch of guccis 10year culture of. Contents strategic report 4 chairmans letter 8 ceos letter driving positive change 14 financial and operational highlights 17 business model 18 luxury market. December 31, 2019 management report of the board of directors version as of march 27, 2020 march 2020 pdf 2 mo. Guccis exceptional and dynamic growth is a guarantee of longevity. A brand should be viewed in the context of the business in which it operates.
The global personal luxury goods market, of which gucci is a major player, has grown in value substantially in recent years, rising from 147 billion euros in 2009 to 281 billion euros in 2019. We recognize that the philosophy of sustainable value is at the heart of our management policies and our corporate conduct, which means that we have implemented a process to integrate social, environmental, ethical, human rights and consumer concerns into our business operations. We work with suppliers, from mining to recycling, to verify that our requirements are being met for. Frances lvmh may or may not take over italys gucci group, but the real story lies in what made this old brand so valuable in the first place. When used in this annual report on form 10k, the term includes and. V olez, voguez, voyagez louis vuitton, the exhibition inaugurated at the grand palais in paris in 2015, has been touring the world. Brand finance australia 100 global 500 airlines 30 30 february 2015february 2016march. Plan continued to build on the work we launched at the beginning of our 20152017 strategic planning cycle.
Approved by the icf global board of directors in january 2018, icfs 2018 strategic. Located in the prestigious galleria vittorio emanuele ii, prada was an exclusive, stylish store selling luggage, accessories and luxury goods, in fine materials and of. Following revenue increases of 48 and 39 percent over the first and second quarters of the year, respectively, its. Gucci company profile office locations, competitors. The management has a lot of control over what and how much information it wants to.
Two of the priority areas had a further, specific focus for 2018. Mar 27, 2020 the global personal luxury goods market, of which gucci is a major player, has grown in value substantially in recent years, rising from 147 billion euros in 2009 to 281 billion euros in 2019. Today, it is part of fashion conglomerate kering, which is controlled by. Since the beginning gucci has been transformed into one of the biggest brand in the world. Puma annual report 2017 puma annual report 2017 2 consolidated financial statements consolidated financial statements.
Gucci annual report concept published on nov 23, 2017 an abstract approach to an annual report that focuses on the launch of gucci s 10year culture of purpose sustainability plan and its longt. For the first show of milan fashion week, alessandro michele presented many faces but did they reflect a new diversity in fashion. Exact name of registrant as specified in its charter. Form 10k x annual report pursuant to section or 15d of the securities exchange act of 1934 for fiscal year ended. Joseph trapanese we welcomed 46,000 new members to the ascap family in 2018, including songwriter amy allen halsey, without me. Italy 50 2017 the annual report on the most valuable italian brands may 2017. Annual report 201819 innovation creativity leadership. Gucci is committed to the sustainability objectives set out at group level. Statement by the persons responsible for the interim financial report. After appearances in tokyo, seoul, and new york, its next stop was shanghai. Canon annual report 2018 fiscal year ended december 31, 2018 canon annual report 2018. Nov 23, 2017 gucci annual report concept published on nov 23, 2017 an abstract approach to an annual report that focuses on the launch of guccis 10year culture of purpose sustainability plan and its longt.
Gucci is the indispensable backbone of our portfolio. For this reason brand finance always conducts a branded business valuation as part of any brand valuation. Luxury group, with the acquisition by gucci group of. Hatch bob goodlatte music modernization act of 2018 also known as the mma. In 2018, its revenue topped the 8 billion mark, con. Annual reports reference documents reports and presentations. The slides pdf will be available ahead of the audiocast at. Corporate information gucci official site united states. Guccis exponential growth spurt continues fashionista.
See insights on gucci including office locations, competitors, revenue, financials, executives, subsidiaries and more at craft. The presentation slides and 2018 financial report pdf will be made. Feb 18, 2020 gucci is one of the most iconic and wellknown luxury personal goods brands in the world. Feb 14, 2018 the gucci story gucci was named the hottest brand of 2017 according to a business of fashion article. Gucci will be exiting 2017 a significantly bigger brand than when it entered. Our main publications presentations, press release, financial documents, annual report, comparative information, webcasts.
Prada was founded in 19 by mario prada, miuccia pradas grandfather, in milan. An abstract approach to an annual report that focuses on the launch of guccis 10year culture of purpose sustainability plan and its longterm. In 2018, kering published its first integrated report, covering all of. Gucci has 12,839 employees across 2 locations and 6. In addition, gucci group has no obligation to update any forwardlooking statement. Corporate social responsibility is one of guccis core values and is at the base of the brands identity. Factors that may affect the gucci groups operations are discussed in the companys annual report on form 20f for 2002, as amended, filed with the u.
Gucci branded business value a brand should be viewed in the context of the business in which it operates. Click the button below to request a report when hardcopies become available. Kering group financials report and brands results fashionbi. Italy 50 2017 the annual report on the most valuable italian brands. Gucci and saint laurent continue to deliver exceptional growth up 36. Annual report and key performance indicators of gucci. The basic factors of communication that must be considered in the presentation of the annual report are compliance with accounting principles and regulations, accuracy of the information presented, and how much information you are going to disclose. The kering sustainability report is published every year.