Gucci's holding company Guccio Gucci S.p.A. is based in Florence, Italy, and is a subsidiary of the French luxury group Kering. In 2018, Gucci operated 540 stores for 14,628 employees. Kering also owns the luxury brands Balenciaga, Bottega Veneta, Alexander McQueen and Yves Saint Laurent. The Kering group is one of the largest fashion groups in the world and they will continue to evolve plus add more luxury brands into their portfolio.

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