Direct Access Direct Access PREFACE A UNIQUE GROWTH MODEL Performance Shareholders An efficient combination of two universes A POWER Management and corporate governance Enhance the skills and talents of employees A COMMITMENT Establish lasting relationships with the Group’s partners Support the Group’s customers Reduce the Group’s environmental impact LUXURY GOODS Gucci Group Gucci Bottega Veneta Yves Saint Laurent YSL Beauté Balenciaga Boucheron Sergio Rossi Bedat & C° Alexander McQueen Stella McCartney RETAIL Redcats Group FNAC Conforama CFAO FINANCIAL STATEMENTS CONTENTS

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