Tommy Hilfiger was born on March 24, 1951 and bought up in Elmira, New York. Hilfiger was from an Irish Catholic family, and the eldest son. He did his high schooling from Elmira Free Academy, and thus stopped it all the way after. Started working in retail when he was 18. Hilfiger would trek down to New York City to get his hands on jeans and bell-bottom pants which he customized and resold at local Elmira, New York Store, Brown’s.
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Tommy Hilfiger
Tommy Hilfiger was born on March 24, 1951 and bought up in Elmira, New York. Hilfiger was from an Irish Catholic family, and the eldest son. He did his high schooling from Elmira Free Academy, and thus stopped it all the way after. Started working in retail when he was 18. Hilfiger would trek down to New York City to get his hands on jeans and bell-bottom pants which he customized and resold at local Elmira, New York Store, Brown’s.
Gucci
In 1947, the company introduced the “Bamboo Bag”, which became company’s first iconic brand. A favorite of royalty and celebrity alike, the bag is still available.
In 1950s, with the stores opening in Milan and New York, Gucci started to gain global popularity.
Guccio Gucci dies in 1953, after which his sons (Aldo, Vasco, Ugo, and Rodolfo) took over the business. Aldo had helped lead the company to a position of international prominence. Even during the fledging years of Gucci, the family was known for its disputes and infighting.
In 1960’s, Gucci expands by opening stores in London, Palm Beach, Paris, and Beverly Hills. “Jackie O” the Gucci shoulder bag famed by Jackie Kennedy, wife of U.S. President John F. Kennedy. And the Flora Silk print scarf created by Grace Kelly- Hollywood actress.
In 1970’s, Gucci opened stores in Tokyo and Hong Kong. Thus continued to expand itself in the Far East.
In 1979, the GAC (Gucci Accessories Collection) was introduced by Aldo. He than relegated the control of perfumes to his son Roberto. However, the company was crashing down.The family’s infighting started to rise, taking the tolls on the operations of the company.
During the mid 1980’s Aldo was convicted for tax evasion in the U.S. by the testimony of his own son.
In 1982, Rodolfo transfers leadership to his son Maurizio Gucci, who holds 50% of the stakes. Rodolfo dies in 1983. In 1984, Domenico De Sole becomes president of Gucci America. Investcorp, a Bahrain-based investment company, purchases the remaining 50% belonging to Aldo Gucci and his descendants in the late 80s.
In 1994, Tom Ford becomes the Creative Director of Gucci thus leading the company to new heights. Domenico De Sole is appointed as the CEO in 1995 and the company becomes fully public.
European Company of the Year 1998: In 1998 Gucci was named as “The European Company of the Year” by the European Business Press Federation for its economic and strategic vision and the quality of management.
In 1999, Gucci enters into a strategic alliance with Pinault-Printemps-Redoute and transforms itself from a single brand company into a multibrand group.
In 2004, De Sole and Tom Ford left the company and Mark was appointed as the President and CEO of the Gucci division in 2005.
Currently Frida Giannini serves as the Creative Director for the company.
Brands:The company has expanded beyond just being Gucci by a series of takeovers.
The Gucci has complete or partial interests in the following companies or brands:
Fashion:
1. Gucci
2. Yves Saint Laurent
3. Sergio Rossi
4. Bottega Venetta
5. Alexander McQueen
6. Stella McCartney
7. Balenciaga
Perfume:
1.Roger & Galleto Boucheron( also jewelry and watches)
2. Ermenegildo Zegna
3. Oscar de la Renta
Watches:
1.Bedat & Co.
The official website of company
Diesel S.p.A.
Advertising:
Lotto
Products: Its products are now sold in more than 60 countries. Zhero Gravity shoes are the company’s new high-end boots bearing a unique lace less design.
The company is headquartered at Treviso, Italy.
Sponsors:There are a lot of players endorsing Lotto-
Football (Soccer) players- Dida, Doni, Julio Cruz, Ian Sharam, Kelvin Shaxson, Luca Toni, Stefano Fiore and many others.
Tennis Players- David Ferrer, Juan Carlos Ferrero, Gaston Gaudio, Razvan Sabau, Davide Sanguinetti.
Lotto produces jerseys for a number of teams around the world.
National Teams- Costa Rica, Kuwait, Oman, Panama, Vanuatu, Columbia.
The official website of lotto
Fila
In 1911, the Fila brothers formed a company named Fila in Biella, Piedmont. It actually started since the brothers were fired from adidas. Hence they started FILA which preferably stand for “Finally I Left Adidas”. The company mainly manufactures sportswear apparels and footwear’s.
The Italian ownership Holding di Partecipazioni sold the company to US hedge fund Cerberus Capital Management in 2003, since the company had over committed itself to very expensive endorsements. In Jan 2007, the global Fila brand was acquired by Fila Korea ltd (a separate company operating under license). And thus became South Korea’s largest sportswear brand.
Slazenger
Slazenger established in 1881, were the leading wooden racquet manufacturers in the world. They later took a very strong move into producing tennis balls resulting into the companies leap into the greatest business achievement.
Wimbledon magic:
In 1902, Slazenger’s became the official suppliers of tennis balls for the Championship- Wimbledon.
World War II:
During the World War II, a heavy air raid on London also affected the Slazenger factory. However the company continued the production at other centers.
Slazenger Acquisition:
Over years the Slazenger Company fell into hands of many people who could own it. In 1980’s, there were many brands available to the consumers. The metal racquets were gaining popularity and year’s later composite materials like graphite and fiberglass were used to produce racquets. Slazenger finally started to lose its brand popularity due to the increasing number of newcomers in the race. Eventually became a target to be acquired.
1985- The Slazenger Company was purchased by BTR along with another sporting brand Dunlop sport. Thus formed a company named Dunlop Slazenger.
1996- BTR sold its Dunlop Slazenger stakes in a management buyout which was backed by CINVen.
2004- CINVen sells Slazenger to Sports World International.
The Company is headquartered at Sydney, Australia.
Products: Racquets, Apparel, Accessories, Tennis Equipment, Cricket Equipment
Sponsors:
1. Michael Clarke is been endorsing this brand since he was a teenager.
2. They are currently the clothing sponsors for Geelong Football Club.
3. It’s a major sponsor for the Bulleen Melbourne Boomers in the WNBL.
4. Currently they are the clothing sponsors of the Pakistan National Cricket Team.
adidas
Adidas ltd AG is a German Sports apparel manufacture, part of the adidas group. Named after its founder Adolf Dassler in 1948. He was nicknamed as Adi. He started making shoes in 1920 along with his brother Rudolf, who later formed a new shoe company named RUDA; which was than renamed as PUMA. On Aug 18 1949, the company registered as adidas AG. The company’s official logo consists of three parallel stripes.
Acquisition:
In 1989, the company was bought in by Bernard Tapie, for 1.6 billion francs with the assistance of Credit Lyonnais bank. Madonna was hired to promote the company. In 1982, Tapie found it hard to pay the loan interest and finally the company was sold to Robert Louis-Dreyfus in Feb 1983 for a much higher amount. In 1997, adidas AG acquired the Salomon group mainly specialized in ski wear. And later the official corporate name was changed to adidas- Salomon AG. Adidas than took over and acquired Taylormade Golf company and Maxfli which made it a strong competitor against its rival Nike.
Reebok Acquisition:
In Aug 2005, adidas purchased the British rival Reebok for $3.8 billion (US). And thus became the number two shoe maker of the world after Nike.
In the same year adidas introduced a shoe with a microprocessor embedded inside and named it as “The World’s First Intelligent Shoe”.
Sponsors:
To begin with- London Olympics 2012- adidas is the official Sportswear sponsor.
There is a huge list of people who endorse adidas. The master-blaster in world cricket Sachin Tendulkar is the brand ambassador for adidas. Adidas is also the official sponsor for the Australian Cricket team. It also sponsors a lot more in Tennis, Football, Golf, and Swimming etc.
Slogan: “Impossible is Nothing”.