Difference between Gucci and Louis Vuitton
Gucci and Louis Vuitton are two major fashion houses that are particularly well-known for their handbags. Each company has its own iconic logos and recognizable brand features, as well as a reputation for luxury and fashion.
History
Gucci or the House of Gucci is an Italian fashion label that was founded in 1921 in Florence. Gucci was founded by Guccio Gucci, whose sons went on to work in the business and to bring it to international prominence. The company was initially famous for the ferocious fighting that occurred between family members, but it was also able to grow quickly. The company is now owned by Pinault-Printemps-Redoute.
Louis Vuitton, or Louis Vuitton Malletier, is a French fashion company that was created in 1854. The business originally produced traveling cases and trunks, which it still manufactures today. The company underwent rapid expansion, despite having collaborated with the Vichy regime during the Second World War. It was after the war that the range of products produced by the company expanded and it began manufacturing purses and other items.
Product
Range
Gucci products include accessories, clothing, including children's clothing, and handbags. The Gucci range is notable for the striped webbing that appears on many of its products. This trademark style was developed in the 1950s and which was based on the material used on saddle girths. It was at the same time that Gucci first used its metal horse bit on its products. Another notable product was the Bamboo handled handbag, created in 1947. During the 1960s, the GG logo was created alongside products such as the Jackie O bag and Flora scarf. The company suffered during the 1970s, risking bankruptcy, but it was revived largely as a result of the success of the accessories range in the 1980s.
Louis Vuitton is particularly well-known for its handbags, but the company also produces shoes, watches, trunks and luggage, and accessories. The Louis Vuitton brand is known for its famous LV monogram, which is featured on many of its products, and its Monogram and Damier canvases.
Reputation
Both Gucci and Louis Vuitton have reputations for producing high quality, luxurious goods. Gucci and Louis Vuitton have both been associated with luxury fashion, celebrities and the world of rap, although they have also been affected by problems with cheap counterfeits.
Gucci was listed as one of the top 100 brands in the world by Interbrand in 2008. It has an annual revenue of about 2.2 billion Euros. It has the largest sales of any Italian brand. There are approximately 278 Gucci stores in the world, but Gucci products are also sold through other stores, predominantly large department stores.
Louis Vuitton is one of the leading fashion houses in the world. Its products are sold predominantly in department stores and boutiques. Louis Vuitton is keen to cultivate its reputation and it caters for a number of high profile celebrities. It has also featured celebrities such as Jennifer Lopez and Madonna in its advertising campaigns. Louis Vuitton was named as the 29th most valuable brand in the world in a study conducted in 2010. It has an estimated worth of about 19.7 billion dollars.
Similarities and Differences
Gucci and Louis Vuitton are two brand names that are associated with high fashion and which are among the most successful international fashion houses today.
- Gucci is an Italian company, Louis Vuitton is French.
- Gucci is characterized by the GG logo and striped webbing.
- Louis Vuitton is famous for its LV logo and its Monogrammed and Damier canvases.
- Louis Vuitton is also known for its handmade trunks and luggage.
- Both companies are among the most recognizable and wealthy brands in the world today.
