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  September 5, 2001
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Home > Company Index > Consumer Products-Non-Durables  > Luxury Goods > Gucci Group N.V.

Gucci Group N.V.
NYSE: GUC
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 PROFILE
Gucci, an Italian company that sells French fashion designed by American creative director Tom Ford, is as worldly as the jet-setters it caters to. Offerings include handbags and other leather goods (about 30% of sales), shoes, ready-to-wear clothing, ties, and watches. Gucci family squabbles and imprudent licensing once nearly doomed the firm. New management revived it with fresh product lines and increased control over licensees and franchisees. Gucci has about 180 company-owned and franchised stores worldwide. Gucci also owns most of French fashion house Yves Saint Laurent. French retailer Pinault-Printemps-Redoute owns 44% of Gucci; rival LVMH, thwarted in its attempts to buy the company, owns about 20%.

 COMPETITION
Chanel S.A. (dossier)
LVMH Moët Hennessy Louis Vuitton SA (LVMHY)
Compagnie FinanciEre Richemont AG (RCHMY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 2,258.50
1-Yr. Sales Growth: 82.7%
Employees: 9,223
Revenue per employee: $244,876.94

 KEY PEOPLE
• Domenico De Sole
    CEO
• Robert Singer
    CFO

 CONTACT INFO
Rembrandt Tower, 1 Amstelplein
1096 HA Amsterdam, The Netherlands
Phone: 31-20-462-1700
Fax: 31-20-465-3569
Online: Web Site

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