Gucci Group N.V, has today posted record revenues and profits for the fourth quarter 2003 – spurred by the popularity of its Gucci and Yves Saint Laurent leather goods collections.

Q4 net revenues were up 3.8% to €741.7 million while profits leapt 29.2% to €148.9 million. For the full year ended January 31 2004, the group again reported record revenues of €2.6 billion – up 1.7% on the same quarter in 2002. Profits, meanwhile, were down to €272.4 million.

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