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Gucci is an Italian luxury fashion house best known for leather goods, ready-to-wear, footwear, and accessories. Gucci is owned by Kering, which reports Gucci’s performance as a named brand in its annual results.
Gucci’s Latest Reported Figures (Kering)
- Revenue: €7.7B (2024)
- Recurring operating income: €1.6B (2024)
- Recurring operating margin: 21.0% (2024)
- Retail share of revenue: 91% (2024)
Key Metrics Table
| Metric | Figure | Year | What it tells you |
|---|---|---|---|
| Revenue | €7.7B | 2024 | Brand scale under Kering reporting |
| Recurring operating income | €1.6B | 2024 | Operating profit proxy (excluding one-offs) |
| Recurring operating margin | 21.0% | 2024 | Profitability relative to revenue |
| Retail mix | 91% | 2024 | How dependent revenue is on directly operated stores |
Why Retail vs. Wholesale Matters in Luxury
Luxury brands with a high retail mix tend to have greater control over pricing, brand experience, and merchandising—but also higher fixed costs (rent, staffing, store capex). Kering’s reporting showing Gucci revenue heavily weighted to retail provides context for how store traffic and conversion impact overall performance.
FAQ
How much revenue did Gucci generate in 2024?
Kering reported Gucci revenue of about €7.7B in 2024.
What is Gucci’s operating margin?
Kering reported Gucci recurring operating margin of 21.0% in 2024.
Does Kering report Gucci separately?
Yes. Kering’s annual results include Gucci as a named brand with revenue and recurring operating income.
Sources
