Gucci Extends Company Benefits to Three Leather Goods Suppliers (2024)

GUCCI‘S BENEFITS: Italian unions are applauding Gucci‘s extension of a number of company benefits to three of its leather goods suppliers — GARPE, GPA and GT — based in the Tuscan region, in the cities of Florence, Siena and Grosseto, respectively. Gucci controls the three firms, which it terms “industrial platforms.”

In the 2022 to 2025 period, around 1,500 employees will see the introduction of a 14th monthly salary; a performance bonus hinging on training skills and know-how “as a distinctive competitive factor,” Gucci said in a joint statement with unions Filctem CGIL; an amount of 1,350 euros to purchase goods and services for employees and their families; the use of the company canteen with a “minimum economic contribution,” and leave of absence or permits “in favor of gender parity, workers in particular situations and specific protection for victims of gender violence.”

The agreement with Gucci “represents an important result in the integration of the work conditions among employees of the same group, a harmony of treatments that has democratized the economic conditions of the Gucci workers,” said Sonia Paoloni, national secretary of the Florence-based Filctem Cgil unions on Friday.

The unions, she said, increasingly aim to extend “in a practical way, rights and benefits for all workers engaged in the realization of a product.” Those who contribute to the creation of a brand “must have the same treatments for a Made in Italy that is really for everybody,” concluded Paoloni.

Gucci Extends Company Benefits to Three Leather Goods Suppliers (2024)

FAQs

Gucci Extends Company Benefits to Three Leather Goods Suppliers? ›

GUCCI'S BENEFITS: Italian unions are applauding Gucci's extension of a number of company benefits to three of its leather goods suppliers — GARPE, GPA and GT — based in the Tuscan region, in the cities of Florence, Siena and Grosseto, respectively. Gucci controls the three firms, which it terms “industrial platforms.”

What are the benefits of Gucci products? ›

  • Highest Quality. The first benefit that comes to mind when it comes to a Gucci handbag is the superior quality you can expect. ...
  • Perfect Finish. Each of the Gucci handbags are finished to perfection. ...
  • Great Investment. ...
  • Superb Materials. ...
  • Finest Quality Hardware.
  • Resale Options.

Where does Gucci source their leather? ›

Most of Gucci's leather manufacturing happens in Italy. The brand is proud of the fact that it uses Italian leather and that their items are primarily made in Italy. Shop a collection of Gucci leather items from some of the world's top boutiques on 1stDibs.

Does Gucci still use leather? ›

We began using metal-free leather back in 2015 when we launched a pilot for three iconic Gucci bag and wallet collections. We have scaled up metal-free leather from 0.2% since then to 40% of our total leather production in 2021 and 49% in 2022, with a goal to achieve 100% metal or chrome free tanning by 2025.

How did Gucci become successful? ›

He opened his first store in 1921, and the brand was an instant success. Guccio's attention to detail, use of high-quality materials, and focus on craftsmanship set his products apart from other leather goods in the market. The Gucci brand quickly gained reputation for its luxury and elegance.

What is Gucci's competitive advantage? ›

Gucci's success can be attributed to its focus on creating a strong brand identity, creating a unique customer experience, and investing in digital marketing. Through these strategies, Gucci has been able to create a strong, positive image that resonates with customers around the world.

What are the strengths of the Gucci company? ›

The strengths of the Gucci fashion brand include:
  • A strong brand image and brand equity in the business environment.
  • A secure chain value with its suppliers and retailers, one of its most important current assets.
  • An excellent advertising and marketing strategy.

How many suppliers does Gucci have? ›

Number of suppliers: 400 first-tier suppliers, 3,600 subcontracted suppliers Main production countries listed as: Italy (100%) Gucci does not publish a full public list of the names and addresses of its supplier factories, but this list is shared confidentially with unions.

Who is the Gucci supplier? ›

The suppliers are GARPE, GPA and GT, based in the Tuscan region, in the cities of Florence, Siena and Grosseto.

What leather is used by Gucci? ›

Gucci: Gucci is another luxury brand known for its high-quality leather products, including handbags, shoes, and accessories. The brand uses a variety of leathers, including calfskin, python, and crocodile, to create its famous products.

Who is bigger, Gucci or Louis Vuitton? ›

Louis Vuitton, US$26.3 billion, retains 2nd in the ranking and Chanel, US$19.4 billion climbs to 3rd position, pushing Gucci in 4th at US$17.8 billion.

Is Gucci leather good quality? ›

The leather used in Gucci products is of premium quality and is sourced from some of the best tanneries in the world.

Does Gucci use animal skin for leather? ›

The GG Marmont leather bags—largely made of calfskin—are well-known Gucci products, but the brand never reveals the suffering sewn into them. For calfskin bags, workers kill gentle calves and then tear their skin off—after they've already been torn away from their mothers. Other Gucci items are made of exotic skins.

Who is Gucci's main competitor? ›

Competitors of Gucci within the Kering Group are Saint Laurent, Balenciaga, and Bottega Veneta. They compete based on digital initiatives, brand heritage, and appealing to Millennials.

What makes Gucci so special? ›

Because Gucci is a prestigious line, it's one of the most highly regarded fashion luxuries. Also, the brand's reputation for superior materials, intricate design details, and fine craftsmanship have made it a favorite of people looking for high-end fashion.

What is Gucci's business strategy? ›

GUCCI's product strategy focuses on offering a wide range of luxury items that cater to the diverse preferences of its target market while staying true to the brand's core values of exclusivity, quality, and craftsmanship.

What is positive about Gucci? ›

We champion inclusivity, diversity and equality, so that everyone in our global community can be their authentic, unique and diverse selves. We are reducing our impacts and creating sustainable supply chains to help protect and restore nature for the future.

What are the benefits of working for Gucci? ›

Most Popular Benefits at Gucci
  • 401(k) Employees: 13.
  • Paid Holidays / Vacation. Employees: 13.
  • Paid Sick Leave. Employees: 10.
  • Life Insurance/Disability. Employees: 6.
  • Company Store Discount. Employees: 5.
  • Casual Dress/Atmosphere. Employees: 4.
  • Cell Phone. Employees: 4.
Oct 3, 2023

What is the main purpose of Gucci? ›

Gucci Mission Statement

The company`s mission is to become the leader in luxury market at worldwide level.

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