2001 was also an expansion year for the Gucci Group as it acquired percentages of not only Bottega Venetta but also Di Modolo. Balenciaga. and formed a partnership with Stella McCartney (The House of Gucci. which is also known by the simple yet iconic name "Gucci". is a major Italian fashion and leather products label. Originiall founded by Guccio Gucci in Florence in 1906.