Gucci
Gucci is an Italian premium fashion brand with headquarters in Florence. Gucci, whether for men or women, is one of the most popular and successful luxury brands in the world. Gucci offers a wide range of products such as purses, fragrances, clothing, sunglasses, and a variety of other accessories, all of which are contemporary and eclectic in nature.
Gucci isn't just marketing a product. Rather, it is marketing exclusivity and a distinct image of wealthy people. As a result, not everyone can afford or wear Gucci, giving the brand a unique status. Many consumers are willing to pay more than $500 if it means wearing Gucci clothing. This is because they want to show other people they can afford any Gucci they want.
Gucci has extremely high standards for its products, and any flaw will render the piece unwearable. Gucci uses the best quality raw materials, including leather, bamboo, and exotic skins from crocodiles, pythons, ostriches, and anacondas (not the most animal friendly). The business released its first vegan shoes in 2021, made of Demetra, a leather substitute.
Most Expensive Gucci Items
- Gucci Stuart Hughes Belt: $250,000
- Rock crystal and 18K gold ear pendants auctioned by Christie’s in 2011: $74,500