Gucci Group is one of the world's leading multi-brand luxury goods companies. Through its brands Gucci, Yves Saint Laurent, Sergio Rossi, Boucheron, Roger & Gallet, Bottega Veneta, Alexander McQueen, Stella McCartney and Balenciaga, the Group designs, produces and distributes high-quality personal luxury goods, including ready-to-wear, handbags, luggage, small leather goods, shoes, timepieces, jewelry, ties and scarves, eyewear, perfume, cosmetics and skincare products. The Group directly operates stores in major markets throughout the world and wholesales products through franchise stores, duty-free boutiques and leading department and specialty stores. Gucci Group is owned by PPR, one of the European leading companies in retail and the third largest luxury goods group in the world. Shares in PPR are traded on the Paris stock exchange.
Gucci is one of the world's leading purveyors of personal luxury goods. In 2003, Gucci generated € 1.5 billion in revenues and over € 420 million in operating profit before amortization of goodwill and restructuring.Through its Fashion and Accessories activities, Gucci sells leather goods (handbags, small leather goods and luggage), shoes, ready-to-wear, ties and scarves, jewelry, eyewear and perfume. The company manufactures and sources all products in Italy and licenses the production and distribution of eyewear, perfumes and men's ready-to-wear. The distribution network includes directly operated stores ("DOS") and franchised stores throughout the world and doors in select duty-free boutiques and department and specialty stores. In 2003, Gucci Fashion and Accessories generated € 1.4 billion in revenues and finished the year with 187 DOS and 30 franchised stores.Through Gucci Timepieces, located in Neuchatel Switzerland, the company assembles and distributes Gucci brand timepieces. Watches, which number more than one dozen distinct models, are distributed in all major markets around the world. In 2003, Gucci Timepieces generated approximately ; 166 million in revenues.
