Question: The Valigeria Franzi was an Italian manufacturer of leather bags and luggage founded in Milan in 1864 by Rocco Franzi, Guccio Gucci worked for the company until he set up Gucci in what year, an Italian luxury brand of fashion and leather goods, part of the Gucci Group, which is owned by the French holding company Kering?
Sentence (from "Gucci"): Gucci was founded by Guccio Gucci in Florence in 1921.
Relevant evidence: Yes