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In 1921, he founded the House of Gucci in Florence [7] [8] as a small family-owned leather shop. [1] He began selling saddles, leather bags and other accessories to horsemen in the 1920s. [4] During the 1930s League of Nations sanctions on Italy, which led to leather shortages, he innovated by developing a specially-woven hemp fabric from Naples.
Guess also created a lower priced collection sold exclusively through its outlet locations, and introduced its first brand extension, the upscale female line of clothing and accessories, named Marciano. [7] Guess continued its Guess Kids clothing line in the early 21st century. In 2006, it began promoting the line through its factory retail stores.
Men's designer bags are produced by well-known companies such as Prada, Louis Vuitton, Coach, and Bottega Veneta in a variety of shapes and sizes. The global men's bag and small leather goods trade is a $4-billion-a-year industry. [18] Sales of men's accessories including "holdall" bags are increasing in North America. [19]
It's been a long time coming, but Goodwill, the 120-year-old non-profit organization, has finally launched an online shopping site, bringing with it an initial inventory of 100,000 donated items...
By November 1986, the company was operating 12 stores, along with nearly 50 boutiques within larger department stores. Sara Lee Corporation divested itself of Coach first, by selling 19.5% of their shares of Coach at the Coach IPO in October 2000, followed in April 2001, with the distribution of their remaining shares to Sara Lee's stockholders ...
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