Gucci plans to commit $1.5 million on a new 5,089-sq.-foot retailer at 11601 Century Oaks Terr. in North Austin’s Area blended-use complex.
CULTUREMAP AUSTIN – Gucci, the legendary Italian purveyor of luxury baggage, apparel, jewelry, and cosmetics, is set to debut its to start with Austin outpost future yr.
Gucci strategies to expend $1.5 million on a new 5,089-sq.-foot keep at 11601 Century Oaks Terr. in North Austin’s Area blended-use sophisticated. Valhalla, New York-primarily based Environment Style Team is designing the store.
A filing with the State of Texas shows building on the retail outlet will start out July 1 and be completed January 14.
The Austin metro region does have a person Gucci retailer, which is at the San Marcos Quality Stores. The Area keep would be the area’s very first complete-scale Gucci shop, although. Gucci also has places in the Dallas-Fort Well worth, Houston, and San Antonio spots.
The Gucci line falls beneath a corporate umbrella that also includes large-stop trend brands this sort of as Alexander McQueen, Balenciaga, Bottega Veneta, and Yves Saint Laurent. Gucci is marking its 100th anniversary this yr.
In a current news release, François-Henri Pinault, chairman and CEO of Gucci’s parent organization, stated he was “particularly delighted with Gucci’s momentum as the manufacturer kicks off its centennial celebration.” In the to start with quarter of this year, Gucci posted $2.6 billion in income.
A review launched previous month by Luxe Digital ranked Gucci the most common luxurious model, as measured by Google queries, internet site visitors, and social media get to.
“In what could possibly be of tiny shock to numerous, Italian luxurious style home Gucci maintains the leading spot on the 2021 edition of our record of the most common luxury manufacturers on the net, effectively ahead of all its rivals and for four consecutive years,” Luxe Electronic observes.
Representatives of Gucci could not be achieved for remark.
This tale originally appeared in CultureMap Austin.
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