1980 : Aldo fires his son Paolo from his post as design director.
1960 : The New York store moves to a Fifth Avenue address inside the St. Regis Hotel. It’s the first of many Italian luxury brands that will soon dominate the ten-block stretch between 51st and 61st streets.
1951 : Giovan Battisti Giorgini, a Florentine aristocrat with connections in the American retail industry, invites Gucci to present its collection at a small show for American department-store buyers and journalists in Europe for the Paris couture shows. The soon-to-be-biannual event brings Gucci to an American audience for the first time—and eventually will evolve into Florence fashion week. The family opens its first store in Milan, on the Via Montenapoleone.
The French holding company Pinault-Printemps-Redoute, the company’s owner since 1999, took managerial control in 2004, to Ford’s extreme chagrin—and he departed, leaving the label with a very big pair of alligator loafers to fill. Ford had taken the company from virtual bankruptcy in 1994 to a value of $4.3 billion at the end of the decade, and the brand’s identity had never been stronger. Enter the relatively unassuming Frida Giannini, an accessories designer: She had been part of the Gucci design stable for nearly three years when she was awarded the top spot.