Guccio Gucci: EBITDA 2011-2017
company’s turnover amounted to 214 million euros in 2017.
Gucci S.p.A.
Guccio Gucci S.p.A. is active in the design and production of women’s and men’s ready-to-wear, handbags, small leather goods, accessories, footwear, jewelry, beauty products and children’s clothing. Founded in 1921 in Florence, the company has grown to become a leader in the luxury goods sector. Since 1999, Guccio Gucci S.p.A. operates as a subsidiary of the Kering Group, a giant in the luxury sector which controls brands such as Bottega Veneta and Saint Laurent.
The brand Gucci
Gucci is one of the most recognizable and desired brands worldwide. The brand Gucci generated revenues worth over eight billion euros in 2018 and its brand value was estimated at 22.4 billion euros. Moreover, Gucci counted over 24 million followers on Instagram in 2018 and over 17 million on Facebook. These figures reflect the success of the brand achieved through a well-designed expansive market strategy implemented in the last few years.
In 2017, the Italian fashion company Guccio Gucci S.p.A. registered an EBITDA, which stands for earnings before interests, taxes, depreciation and amortization, of -314 million euros. Despite registering a negative EBITDA, the Gucci S.p.A.
Guccio Gucci S.p.A. is active in the design and production of women’s and men’s ready-to-wear, handbags, small leather goods, accessories, footwear, jewelry, beauty products and children’s clothing. Founded in 1921 in Florence, the company has grown to become a leader in the luxury goods sector. Since 1999, Guccio Gucci S.p.A. operates as a subsidiary of the Kering Group, a giant in the luxury sector which controls brands such as Bottega Veneta and Saint Laurent.
The brand Gucci
Gucci is one of the most recognizable and desired brands worldwide. The brand Gucci generated revenues worth over eight billion euros in 2018 and its brand value was estimated at 22.4 billion euros. Moreover, Gucci counted over 24 million followers on Instagram in 2018 and over 17 million on Facebook. These figures reflect the success of the brand achieved through a well-designed expansive market strategy implemented in the last few years.