Gucci Group, an Italian company with a Dutch address that sells French fashion, does quite well in Japan, too. The fashion house makes and markets upscale handbags and other leather goods, shoes, ready-to-wear clothing, cosmetics, fragrances, skin care, jewelry, and watches. In addition to the Gucci brand, the company sells products under such major premium brands as Bottega Veneta and Yves Saint Laurent. Gucci operates more than 680 boutiques worldwide and wholesales its products through franchisees and high-end department stores. French retailer PPR has purchased almost all of the remaining shares in the company, taking its interest up to 99.9% in 2010. Mission: Gucci is one the most renowned and in?uential luxury brands in the world today, a genuine global reference for fashion and accessories, and a benchmark for a modern, innovative business. Founded in Florence in 1921, the House is renowned for eclectic and contemporary creations that represent the pinnacle of Italian craftsmanship and are unsurpassed in quality, attention to detail and imaginative design.
195 Broadway Floor 12, New York, NY 10007
CategoryDepartment, Clothing & Shoe Stores
For us, purpose and progress are paramount to the very ethos of Gucci. Our mission is to encourage everyone to express their full selves: their gender, sexuality, race, ethnicity, culture and disability. This ethos also extends to the planet, as well as the way we work and the methods and materials we use to make our universe come to life through our myriad products. Over the last year, our commitments to building a responsible and sustainable business have been just as important as our creative identity. In fact, we see our creativity as our strongest tool for finding new solutions to move forward into a better future. Even before the spotlight was shone brightly on social injustice and inequities in 2020, we have taken responsibility to ensure lasting changes — through CHIME FOR CHANGE as well as our CHANGEMAKERS programs and, like so many, we still have a long way to go. Indeed, the talk of needing deep, systemic change across our industry must be put into real practice and we take our role to influence this change very seriously. Working with leaders in various communities and fields to bring a new generation of thinkers, makers and activists into our universe, many of whom we have the honour of featuring in this report. In 2021, we are proud to have made major sustainability achievements inside our company, and far beyond, which are detailed throughout this report. I am especially proud of the progress we have made on diversity and inclusivity, including gender equality and accessibility. Diversity is an integral part of our culture; it drives creativity and we embrace everyone’s unique qualities. Part of our vision for “responsible” luxury includes transforming the supply chain so we can give back to nature — not just minimise our impact on it, as we have done by reducing KPIs like carbon emissions and manufacturing waste. What is exciting is that we can literally use our own supply chains to do this. Regenerative agriculture is a lever for luxury and fashion to help reverse the trajectory of climate change and biodiversity loss, and our ambition is to source regenerative raw materials for our collections in order for us to continue to innovate in design and manufacturing. Today, one of the greatest obligations is to care for the planet and to develop creative ways of striving for beauty and self-expression. As we’ve discovered, there are so many opportunities and technical innovations opening up for our industry to upend the age-old conventional systems and create lasting positive change.