In 1994, Gucci Group NV was incorporated. The same year, Tom Ford, previously
Chief Women's Ready-to-Wear Designer, was appointed as Creative Director of
Gucci's entire product range. His seminal fall/winter 1995-1996 collection
transformed Gucci's style with a remix of classic and modern, tradition and
innovation. It was an immediate hit with the critics and the public and marked
the re-launch of the Gucci brand.
In 1995, Domenico De Sole was appointed as President and CEO of Gucci Group
NV after holding the position of President of Gucci America Inc. (1984-1994)
and Chief Operating Officer of the Gucci Group (1994-1995). The De Sole-Ford
team would reinvent Gucci over the following years.
In October of 1995, Investcorp floated 48.2% of Gucci Group NV on the New
York and Amsterdam Stock Exchanges. The Initial Public Offering was positively
received by the market, leading Investcorp to offer the remaining 51.8% of the
company five months later. Gucci's shares were in international demand.
Gucci Timepieces was created in November 1997 when Gucci Group NV acquired
the operating assets of the Severin Montres Group, one of the world's largest
manufacturers and distributors of watches. Severin Montres, a Gucci licensee
for 23 years, had developed an extensive directly operated distribution network
in the United States, Canada, Hong Kong, the UK and Germany, as well as third
party arrangements elsewhere.
In 1999 Gucci Group NV acquired Yves Saint Laurent Couture and Sanofi
Beauté‚ a prestigious perfume and cosmetics company that boasts YSL fragrances
such as Opium and Paris, as well as a wealth of other perfume licenses
including Roger & Gallet, Krizia, Fendi and Oscar de la Renta. In 1999,
Gucci Group NV also acquired a 70% controlling interest in Sergio Rossi, a
leading Italian luxury shoe company.
The growth of Gucci Group NV continued in 2000 with the acquisition of
Boucheron International S.A. Founded in France in 1858, Boucheron has a long
established heritage as one of the world's most exclusive jewellery, watch and
perfume brands. Also in 2000, Gucci secured further control over its brands by
obtaining license rights held by Cartier International for Yves Saint Laurent
Couture watches and jewellery. Both moves reflect Gucci's confidence in the
global potential of the jewellery and watches segments of the luxury goods
market.
Lingray Watches is an online retailer of Gucci Watches and
Rado
Watches amongst many other brands.
All our watches come with a two year warranty and are guaranteed
authentic.
Disclaimer: All information on this site is provided for informational purposes only! By no means is any
information presented herein intended to substitute for the advice provided to you by any health care or other professional
or organization.
