Gucci's move follows a similar initiative by Italian rivals Armani, which past year pledged to drop fur from its collections.
'Being socially responsible is one of Gucci's core values, and we will continue to strive to do better for the environment and animals, ' he said.
"Armani's fur-free announcement makes it clear that designers and consumers can have creative freedom and luxury all without supporting animal cruelty", Fur Free Alliance Chairman Joh Vinding said.
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Gucci will become part of the Fur Free Alliance, an global group of more than 40 organisations which campaigns on animal welfare and promotes alternatives to fur in the fashion industry.
Several high profile fashion brands have long shunned fur, including Kering-owned Stella McCartney.
The company's chief executive, Marco Bizzarri, said the move to go fur free formed part of a commitment to "sustainability".
Animal rights campaigners called the move a "huge game changer".
While fur farms were banned in the United Kingdom in 2003 due to cruelty concerns, foreign farmed fur is still imported into the United Kingdom from countries with lower animal welfare standards.
The Human Society said the fur-free policy includes mink, coyote, raccoon dog, fox, rabbit and astrakhan. The brand also announced that they will announce a charity auction of remaining animal fur items, with proceeds benefiting the aforementioned charities.