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The double-G brand for belt buckles and other accent decorations was introduced in 1964. The Flora scarf was designed in 1966 by Rodolfo Gucci and Vittorio Accornero for Grace Kelly Princess of Monaco who grew to become a notable client of Gucci products. In October 1968, Gucci opened a retailer on 347 Rodeo Drive, driving many Hollywood stars to endorse the brand. With the Rodeo Drive opening came the launch of Gucci's first dresses. Gucci's breakthrough within the United States led to its world growth in Asia and the Middle East.
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Gucci's holding firm Guccio Gucci S.p.A. relies in Florence, Italy, and is a subsidiary of the French luxury group Kering. In 2018, Gucci operated 540 stores for 14,628 employees. The company generated €9.628 billion in revenue (€8.2 billion in 2018), and €3,947 billion in profits (€3.2 billion in 2018). He reviewed the pricing of every product and steadily raised Gucci's advertising finances from $6 million in 1993 to $70 million in 1997. In October 1995, the corporate was publicly indexed on the New York Stock Exchange with an initial stock worth set at US$22.
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