Since joining PPR, Gucci Group has been radically transformed. Ranked number three in the luxury goods sector worldwide, the multi-brand group boasts ten of the most prestigious labels.
In order to develop its brands, Gucci Group has attracted some of the most talented Creative directors from around the world: Frida Giannini at Gucci, Tomas Maier at Bottega Veneta, Stefano Pilati at Yves Saint Laurent, Nicolas Ghesquière at Balenciaga… Not forgetting Alexander McQueen and Stella McCartney, for their eponymous brands.
The brands are very complementary in their products : ready-to-wear, shoes, leather goods and accessories. Gucci Group enjoys a balanced presence in Europe, the US and Asia. These competitive advantages enable Gucci Group to capitalise on the high-growth luxury goods markets.
Gucci Group
With 17.6% growth in 2006, the luxury goods business accounted for one-third of PPR's operating income, representing around 20% of revenue and securing the growth of the luxury goods business within the Group.
The Gucci Group’s managerial philosophy encourages the rapid development of each brand and promotes an environment that stimulates the expression of creative talent. The success of luxury brands lies in the flamboyant designer/director pairing. With its wealth of differences, where all the labels can thrive…
Luxury goods key figures
€3,568 million 2006 revenue
€565 million 2006 recurring operating income
454 directly-operated stores at end 2006
13,261 employees at end 2006
Breakdown of 2006 revenue by brand
Breakdown of 2006 revenue by product category
Breakdown of 2006 revenue by geographical area
