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Inside luxurious brand's massive changes over the years
Gucci is a synonym for a luxurious and fashionable lifestyle. For several years, Gucci has been one of the most famous brands in the world and has been associated with some of the biggest names in the world.
However, the journey has not been as smooth as everything would have believed it to be. The brand went through a lot of difficult situations like bankruptcy and even a murder – which is the inspiration behind Ridley Scott’s latest movie ‘House of Gucci’.
The aforementioned issues have been some of the reasons why Gucci endured a lot of suffering. However, in recent years, Gucci has once again become an exclusive brand for the rich and affluent people.
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The turnaround has happened because of the new management and a new owner. So, who owns Gucci now? And why did the Gucci family sell the brand to another organization?
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