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Topic: Gucci Group


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In the News (Fri 13 Nov 09)

  
  Gucci Watches - Orolus.com
In 1995, Domenico De Sole was appointed as President and CEO of Gucci Group NV after holding the position of President of Gucci America Inc. (1984-1994) and Chief Operating Officer of the Gucci Group (1994-1995).
Gucci Timepieces was created in November 1997 when Gucci Group NV acquired the operating assets of the Severin Montres Group, one of the world's largest manufacturers and distributors of watches.
The growth of Gucci Group NV continued in 2000 with the acquisition of Boucheron International S.A. Founded in France in 1858, Boucheron has a long established heritage as one of the world's most exclusive jewelry, watch and perfume brands.
www.orolus.com /watchinfo/gucci-info.shtml   (371 words)

  
 Gucci - Wikipedia, the free encyclopedia
During the 1950s, Gucci also developed the trademark striped webbing, which was derived from the saddle girth, and the suede moccasin with a metal bit.
Gucci’s warm reception among the glitterati had an unintended side effect: the elevation of Tom Ford from designer to sex symbol.
Gucci Group became a publicly traded company in 1995, incorporated in the Netherlands, and listing on the New York and Amsterdam Stock Exchanges.
en.wikipedia.org /wiki/Gucci_Group   (2591 words)

  
 CNN.com - War makes Gucci wary - Mar. 27, 2003
The third biggest luxury goods maker Gucci Group NV posted a less-than-expected fall in 2002 net profit of 27 percent on Thursday and said it remained wary about the near term due to a weak economy and the Iraq war.
Gucci's net profit for the fiscal year ending on January 31 declined to 226.8 million euros from 312.5 million in 2001, better than a consensus forecast by analysts polled by Reuters of 213.4 million euros.
Gucci also said it had bought back 250,595 of its shares in the fourth quarter for 21.6 million euros and between February 1 and March 25 purchased 1.89 million more for 165 million euros.
www.cnn.com /2003/BUSINESS/03/27/gucci.reut   (444 words)

  
 Gucci; FashionUnited News
Gucci Group acquired 85 percent of Bedat in 2000 and the maker of elegant timepieces is now one of the smaller labels owned by the group, which include Boucheron, Balenciaga, Alexander McQueen and Stella McCartney.
Gucci Group, a subsidiary of Pinault Printemps Redoute, is not looking to reposition its top-end brand, Polet maintains, despite the launch in July of a more expensive line of leather goods.
Gucci Group owner PPR SA, said sales advanced 4 percent in the second quarter, buoyed by demand for the most expensive fashions and accessories in Asia.
www.fashionunited.co.uk /news/gucci.htm   (3726 words)

  
 CNN.com - Gucci stumbles on U.S. recession - Mar. 21, 2002
Gucci, LVMH and No. 2 luxury brand group Richemont of Switzerland are highly dependent on tourists splashing out on lavish purchases while on holiday, but air travel has plummeted following the attacks.
Gucci said it remained cautious about the coming year due to the uncertain political and economic environment.
Gucci's stock, which has risen about 8 percent on hopes of an economic recovery and a takeoff in travel, rose 1.4 percent to 104.50 euros in Amsterdam.
archives.cnn.com /2002/BUSINESS/03/21/gucci.profits   (342 words)

  
 CNN.com - Italy's Gucci fails to hit mark - June 19, 2002
Gucci, joins its biggest rivals LVMH Moet Hennessy Louis Vuitton and Switzerland's Richemont, in blaming poor economic conditions in the U.S. and the September 11 attacks for a drop in demand.
Gucci, which owns the Yves Saint Laurent, Sergio Rossi, Alexander McQueen and Stella McCartney brands, reiterated its outlook for 2002, saying diluted earnings per share would fall to 2.60 euros-3.00 euros and sales would rise slightly to 2.7 billion euros ($2.38 billion) from $2.285 billion in 2002.
Gucci shares, which closed in Amsterdam at 100.39 euros on Tuesday, have gained around four percent so far this year, despite weak profits because majority owner French retailer Pinault Printempts Redoute has made an offer to buy all Gucci shares at $101.50 in 2004.
archives.cnn.com /2002/BUSINESS/06/19/gucci/index.html   (340 words)

  
 At Gucci, Robert Polet upends high-fashion rules   (Site not responding. Last check: 2007-11-06)
The strategy, so far, is reaping results, at least in sales: Gucci Group posted a 13 percent rise in sales in the second quarter to $789 million, at current exchange rates, with Gucci label sales up 13 percent to $468 million.
Gucci's sales rose from $250 million in 1993, at current exchange rates, to $3.2 billion in 2004, making Gucci the world's third-largest luxury company, after LVMH and Compagnie Financiere Richemont SA, the owner of Cartier.
Gucci executives play down the high number of executive departures, noting that 16 new executives have been hired in the past year.
www.post-gazette.com /pg/05221/551010.stm   (1865 words)

  
 CNN.com - Gucci warns profit may decline - Dec. 18, 2001
Gucci, LVMH and No. 2 luxury brand group Richemont of Switzerland are highly dependent on tourists splashing out on lavish purchases while on holiday, but air travel has plummeted.
Gucci, which owns the Yves Saint Laurent, Sergio Rossi, Alexander McQueen and Stella McCartney brands, also said on Monday net income halved to $56.3 million, or 55 cents a share, in its third quarter ending October 31, compared with $114.1 million in the same period a year ago.
Third-quarter group sales fell 7.9 percent to $566.2 billion and turnover in its core Gucci division, accounting for about 70 percent of the total, slipped 9.5 percent.
edition.cnn.com /2001/BUSINESS/12/18/gucci/index.html   (303 words)

  
 Fool.com: Gucci Group, N.V. (Daily Double) January 25, 1999
Gucci recovered with the market, but the stock really popped on January 6 when Moet & Chandon purveyor LVMH announced it had accumulated a better than 5% stake.
Gucci rose 23% on the news, closing at $68 5/8.
Still, some Gucci shareowners may be ready to splurge on some chic Gucci bags and maybe a world cruise after seeing the shares roar ahead 130% in just three months.
www.fool.com /DDouble/1999/DDouble990125.htm   (1063 words)

  
 Gucci Group N V News
Gucci Group N V News continually updated from thousands of sources around the net.
One charismatic face is missing from Gucci's glamorous archive pictures of Jackie O with a bag and trademark shades, Princess Di as child bride and sassy young woman, Britt Ekland trading double G logos with...
Gucci delved into the vintage trunk and came out with 1960s silver and white A-line shifts and fl, purple and orange mini-dresses cinched with broad belts for its spring/summer 2007 collection.
www.topix.net /com/guc   (693 words)

  
 Gucci Group Finalizes Control Over the Sergio Rossi Brand | Design Forums
Gucci Group and Mr Sergio Rossi announce today that Mr Sergio Rossi and his family will end their collaboration with the Sergio Rossi brand.
This decision follows the agreements reached between Mr Sergio Rossi and Gucci Group in November 1999 and January 2004, when Gucci Group’s ownership of Sergio Rossi went from 70% to 100%.
Gucci Group is owned by PPR, a global player in retail and luxury goods.
www.dexigner.com /forum/index.php?showtopic=3499   (425 words)

  
 Gucci Group Operating Income Up 70% in 1st Half (via CobWeb/3.1 planetlab1.netlab.uky.edu)   (Site not responding. Last check: 2007-11-06)
Gucci Group, luxury’s third largest conglomerate, posted a 70% rise in first half operating profit, in yet another example of the resurgence in glamour brand labels.
Gucci Group’s owner, France’s PPR, revealed Thursday that the multi-brand group had earned 185 million Euros in the first six months of this year.
Gucci itself notched a ranking 40% rise in operating profit to 267 million Euros, powered by new store openings, organic growth and a steady rise in the label’s price point for bags and luggage.
www.fashionwiredaily.com.cob-web.org:8888 /first_word/news/article.weml?id=346   (756 words)

  
 Gucci Group N V Article Archives by KeepMedia   (Site not responding. Last check: 2007-11-06)
Italian fashion house Gucci with a young Romanian as its new artistic director is expected to be the star of the ready-to-wear shows for the spring-summer 2006 collections during Milan's fashion week, kicking off Saturday.
The Gucci Group announced that women's wear creative director Alessandra Facchinetti had quit the company amid a dispute and would be replaced by Frida Giannini.
Gucci entered a new era without Tom Ford at the ready-to-wear shows in Milan this week, where clothes for the urban jungle emerged as one of the hot looks for next summer.
www.topix.net /com/guc/keepmedia   (894 words)

  
 Gucci brand watch business integrated under Gucci leadership (Pierce Mattie Public Relations New York, LA & Atlanta)
Luxury goods group Gucci Group NV announced that the Gucci brand watch business managed by Gucci Group Watches Division (GGW) will be integrated under the leadership of the Gucci brand and its CEO Mark Lee.
Gucci pioneered the fashion watch category in the mid-1970s being a leader ever since.
Gucci Group NV is one of the world's leading multi-brand luxury goods companies.
www.piercemattie.com /blogs/2006/06/gucci_brand_watch_business_int.html   (586 words)

  
 Gucci group history (via CobWeb/3.1 planetlab1.netlab.uky.edu)   (Site not responding. Last check: 2007-11-06)
Although today the Gucci group is one of the world's leading and most acknowledged multi brand international companies, which operates the Global market and specializes in manufacturing and retailing personal use luxury goods, it all started as a small local family businessin in the year of 1921.
Nonetheless, by the middle 80s the Gucci group was again on its peak and was acknowledged to be one of the world's most influential fashion houses.
Later, it was renamed by the Gucci group into Gucci Timepieces and till this day Gucci timepieces are considered to be among the most beautiful and saught after watches in the world.
bc.syl.com.cob-web.org:8888 /guccigrouphistory.html   (487 words)

  
 Gucci Group integrates watch business; CEO of Gucci watches to leave - 7/3/2006 10:52:00 AM - JCK-Jewelers Circular ...   (Site not responding. Last check: 2007-11-06)
Prior to joining Gucci, Auriol was with the Richemont luxury group and CEO of Baume & Mercier.
Merging the two divisions is for strategic reasons, said the Gucci Group statement.
The Gucci Group NA, part of France's PPR (Pinault-Printemps-Redoute) luxury goods group but headquartered in the Netherlands, produces and distributes a variety of luxury items, including watches, jewelry, clothing, shoes, ties and scarves, eyewear, perfume, and cosmetics.
www.jckgroup.com /article/CA6349279.html?section=Watches   (440 words)

  
 Gucci Group N.V. shares from FramedShare.co.uk
Gucci Group N.V. share certificate displaying the shareholder's name will be delivered.
Gucci Group N.V. including annual reports, invitations to meetings and a right to vote on issues affecting the company.
Gucci's retail network includes directly operated stores in major markets throughout the world, and wholesale activity includes sales to franchise stores, duty-free boutiques and department and specialty stores.
www.framedshare.co.uk /Product.asp?shareid=117   (533 words)

  
 Dutch Supreme Court throws Gucci case back to lower court - Sep. 27, 2000
No changes in Gucci's arrangements were expected ahead of a re-hearing of the case by the lower court, the spokesman said.
Gucci welcomed the decision and said PPR's purchase of a stake  would stand.
Gucci had turned to PPR, one of Europe's biggest retailers and wholesalers, as a white knight to fend off LVMH's hostile takeover bid.
money.cnn.com /2000/09/27/europe/gucci   (612 words)

  
 Fashion: Tighter Belts Are In Vogue
Gucci Group (GUCG), which acquired the storied fashion house of Balenciaga in 2001, recently announced that it will put the company up for sale if it doesn't turn a profit by 2007.
Together with Gucci CEO Robert Polet, Ghesquière has hammered out a turnaround plan, and both say the recovery is on track, with a 115% sales increase during the first six months of 2005 over the same period in 2004.
Gucci has warned McQueen and McCartney that their brands will be sold if they aren't profitable by 2007.
www.businessweek.com /magazine/content/05_42/b3955092.htm   (1535 words)

  
 Entertainment News | Gucci Group Names Guichot CEO of Sergio Rossi (via CobWeb/3.1 planetlab1.netlab.uky.edu)   (Site not responding. Last check: 2007-11-06)
She succeeds Claudio Paulich, who is leaving the company to “pursue and develop his own activities” the Gucci Group said in a statement.
She joined Gucci Group at the beginning of the year after a 19-year career at Richemont SA, moving from the world’s second largest luxury conglomerate to the third in the rankings.
Gucci Group controls a stable of prestige brands comprised of Gucci, Yves Saint Laurent, Bottega Veneta, YSL Beauté, Boucheron, Sergio Rossi, Bédat and Co., Roger and Gallet, Alexander McQueen, Stella McCartney and Balenciaga.
www.entertainment-news.org.cob-web.org:8888 /breaking/21636/gucci-group-names-guichot-ceo-of-sergio-rossi.html   (1188 words)

  
 CNN.com - Gucci cuts profit forecast in wake of terror attacks on U.S. - Sep. 25, 2001
LONDON (CNN) -- Italian luxury goods maker Gucci Group cut its profit forecast for 2001 in the wake of terror attacks.
Gucci, the world's third-largest luxury goods group, joins it bigger rival France's LVMH Moet Hennessy Louis Vuitton in cutting it forecast after the attacks.
Gucci, which owns the Yves Saint Laurent, Sergio Rossi, Alexander McQueen and Stella McCartney brands, lowered its forecast as it reported a 2.5 percent rise in second-quarter profit to $83 million, or 82 cents a share.
edition.cnn.com /2001/BUSINESS/09/25/gucci/index.html   (352 words)

  
 The Gucci Story, Gucci Group, Gucci History (via CobWeb/3.1 planetlab1.netlab.uky.edu)   (Site not responding. Last check: 2007-11-06)
Born in 1881, craftsman’s son Guccio Gucci founded the House of Gucci as a saddlery shop in Florence in 1906.
It was an attempt by Maurizio to realize his forward-looking vision of Gucci as a modern corporate fashion entity.
Gucci, founded in 1921 by a former dishwasher, now includes such well-known design labels as Yves St Laurent, Bottega Veneta, Sergio Rossi, Boucheron, Bedat & Co., Balenciaga, Stella McCartney and Alexander McQueen.
www.unusualthreads.com.cob-web.org:8888 /theguccistory.html   (828 words)

  
 BEDAT & C° | Genève
Gucci concluded the strategic alliance with BEDAT and C° in December 2000 by acquiring majority in the business.
Domenico de Sole, President and Chief Executive Officer of Gucci Group N.V., said: “Our partnership with Christian Bédat and Mme Simone Bédat is a wonderful opportunity for Gucci Group.
Tom Ford, the Creative Director for Gucci Group, added his welcome to Christian and Simone Bédat by noting “the BEDAT and C° watches are extremely elegant and well-conceived.
www.bedat.com /history/gucci.html   (124 words)

  
 Lawson: News & Events : Press Releases : 2003 : Intentia Supports the Distribution Strategy at Gucci Group Watches ...   (Site not responding. Last check: 2007-11-06)
In November 1997, Gucci Timepieces was created with the acquisition of the Severin Montres Group.
Today, Gucci timepieces are modern expressions of the original classic Gucci style.
Other models feature 18-karat gold or stainless steel rotating cases with the signature G on the case backs, bracelets with Gucci signature buckle closures, and lizard-embossed leather straps and bangles in many colors.
www.lawson.com /wcw.nsf/pub/PR_6FCB22   (1000 words)

  
 SSRN-'War of the Handbags': The Takeover Battle for Gucci Group N.V. by Robert Bruner, Sean Carr, Laurie Simon Hodrick
SSRN-'War of the Handbags': The Takeover Battle for Gucci Group N.V. by Robert Bruner, Sean Carr, Laurie Simon Hodrick
The student must determine Gucci's intrinsic value by using a DCF model as well as information on peer firms and transactions.
Bruner, Robert F., Carr, Sean and Hodrick, Laurie Simon, "'War of the Handbags': The Takeover Battle for Gucci Group N.V.".
papers.ssrn.com /sol3/papers.cfm?abstract_id=814247   (474 words)

  
 Gucci Group N.V. Announces Key Appointments   (Site not responding. Last check: 2007-11-06)
Officer of the Gucci division, reporting to Brian Blake.
Gucci Group will maintain his responsibility for the overall financial
Gucci Group N.V. is one of the world's leading multi-brand luxury goods
www.beautycare.com /cgi-bin/newspro/viewnews.cgi?newsid949098310,27404,   (545 words)

  
 Gucci Group announces record December revenues...
Amsterdam, The Netherlands, January 11, 2001: Gucci Group N.V. announced that the Gucci Division achieved record revenues in the month of December.
Total Gucci Division revenues exceeded $182 million and were up more than 30%.
Gucci has made this announcement because of concerns expressed by the investment community about the recent performance of the luxury retail sector.
www.europastar.com /europastar/search/search_display.jsp?vnu_content_id=2038257   (274 words)

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