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Gucci's holding company Guccio Gucci S.p.A. is predicated in Florence, Italy, and is a subsidiary of the French luxury group Kering. In 2018, Gucci operated 540 stores for 14,628 workers. The company generated €9.628 billion in income (€8.2 billion in 2018), and €3,947 billion in earnings (€3.2 billion in 2018). He reviewed the pricing of every product and progressively raised Gucci's promoting price range 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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In December 2014, Marco Bizzarri, former CEO of Bottega Veneta, was named CEO of Gucci. He was tasked to reverse Gucci's declining gross sales by giving a new impetus to the model. In January 2015, Bizzarri appointed Alessandro Michele creative director of Gucci. Alessandro Michele had been working for Gucci since 2002 and served as Frida Giannini's deputy and head equipment designer. During the Fall show of February 2015, Alessandro Michele introduced "a unique Gucci", one with a "subtle, intellectual and androgynous really feel".
The double-G logo for belt buckles and other accessory decorations was launched in 1964. The Flora scarf was designed in 1966 by Rodolfo Gucci and Vittorio Accornero for Grace Kelly Princess of Monaco who turned a notable consumer of Gucci products. In October 1968, Gucci opened a store on 347 Rodeo Drive, driving many Hollywood stars to endorse the brand. With the Rodeo Drive opening came the launch of Gucci's first attire. Gucci's breakthrough within the United States led to its global growth in Asia and the Middle East.
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