The term 'Luxury Purse Brand' can be summarized as Gucci, a five-letter Italian fashion house and luxury goods brand. Founded in 1921 by Guccio Gucci, the company is now one of the world's leading luxury brands, renowned for its high-end leather goods, clothing, and accessories. Gucci has become a symbol of status and sophistication, and its products are highly sought after by fashion-conscious consumers.