Business Wars13 Juli 2022

Gucci vs Louis Vuitton | Ready-to-Wear | 3

Maurizio Gucci is out, and now for the first time since its founding, Gucci isn’t being run by a Gucc.i. At the top is CEO Domenico De Sole and his right hand man is exciting young fashion designer Tom Ford. Together the two of them make Gucci the hottest fashion and accessory company in the world.

Over at Louis Vuitton, Bernard Arnault wants in on the action. He hires his own young, hip designer, Marc Jacobs to oversee Louis Vuitton’s expansion into ready-to-wear clothing. But when Jacobs gets off to a rough start and Gucci’s stock drops due to an economic crisis in Asia, Arnault decides if he can’t beat Gucci, maybe it’s time to buy them.

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