Gucci was founded in 1921 in Florence, Italy as a leather goods shop by Guccio Gucci. It has since grown into a global luxury brand known for its fashion, quality craftsmanship, and the interlocking GG logo. Gucci focuses on premium apparel, accessories, shoes and now also offers a range of home goods. It maintains high prices and an exclusive distribution network of directly operated stores and online in order to project its sophisticated brand image. Key competitors include other major luxury brands like Louis Vuitton, Chanel and Prada. Gucci has received numerous awards and recognition for its designs and success in the global fashion industry.