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Net profits and losses of Italian company Guccio Gucci in 2014-2018

In 2017, the Italian fashion company Guccio Gucci S.p.A. reported a net profit worth approximately 57 million euros. This figure represented an increase of over 6 million euros compared to the previous year, when the company registered a net profit of 51 million euros.

An Italian success story

The numbers shown in this graph only refer to the net profit of the company’s Italian subsidiary located in Florence. In the meantime, the Gucci brand, now owned by the Kering Group, generated over eight billion euros worth of revenues in 2018 and was valued at almost 11 trillion euros in the same year.

Foreign groups shopping for Italian brands

Acquired by Kering Group in 1999, Gucci was one of the first Italian luxury brands to be sold to larger international corporations. Thanks to several strategic acquisitions over the course of its history, the Group has become a superpower in the luxury sector, ranking second among the leading luxury companies in terms of global sales.

Net profits and losses of the Italian luxury fashion company Guccio Gucci in 2014 and 2018*

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Source

Release date

November 2019

Region

Italy

Survey time period

2014 to 2018

Supplementary notes

*Data referred to 2014 and 2015 were collected from previous publications.
Figures were rounded.

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