<SUBMISSION>
<ACCESSION-NUMBER>0000898822-03-000429
<TYPE>SC 13D/A
<PUBLIC-DOCUMENT-COUNT>2
<FILING-DATE>20030430
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>PINAULT PRINTEMPS REDOUTE S A /FI
<CIK>0001142252
<IRS-NUMBER>000000000
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13D/A
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>18 PLACE HENRI BERGSON
<STREET2>75387 PARIS CE DEX 08
<CITY>FRANCE
<STATE>I0
<ZIP>00000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>18 PLACE HENRI BERGION
<STREET2>75008 PARIS CEDEX
<CITY>FRANCE
<STATE>I0
<ZIP>00000
</MAIL-ADDRESS>
</FILED-BY>
<SUBJECT-COMPANY>
<COMPANY-DATA>
<CONFORMED-NAME>GUCCI GROUP NV
<CIK>0001001576
<ASSIGNED-SIC>3100
<IRS-NUMBER>000000000
<FISCAL-YEAR-END>0131
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>SC 13D/A
<ACT>34
<FILE-NUMBER>005-49396
<FILM-NUMBER>03673279
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>REMBRANDT TOWER
<STREET2>AMSTELPLEIN 1
<CITY>AMSTERDAM NETHERLANDS
<STATE>P8
<ZIP>HA1096
<PHONE>31204621700
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>REMBRANDT TOWER
<STREET2>AMSTELPLEIN 1
<CITY>AMSTERDAM NETHERLANDS
<STATE>P8
<ZIP>3120462170
</MAIL-ADDRESS>
</SUBJECT-COMPANY>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>april30sched13da12.txt
<DESCRIPTION>SCHEDULE 13D/A (NO. 12) - APRIL 30, 2003
<TEXT>


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                             ----------------------

                                  SCHEDULE 13D
                               (Amendment No. 12)

                    Under The Securities Exchange Act Of 1934


                                Gucci Group N.V.
--------------------------------------------------------------------------------
                                (Name of Issuer)
                 Common Shares, nominal value NLG 2.23 per share
--------------------------------------------------------------------------------
                         (Title of Class of Securities)
                                   40156610-4
--------------------------------------------------------------------------------
                                 (CUSIP Number)
                               David A. Katz, Esq.
                         Wachtell, Lipton, Rosen & Katz
                               51 West 52nd Street
                            New York, New York 10019
                                 (212) 403-1000
--------------------------------------------------------------------------------
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)
                                 April 30, 2003
--------------------------------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.

Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.


                         (Continued on following pages)
                               Page 1 of 11 Pages


<PAGE>



------------------------------------------------------------------------------
1     NAME OF REPORTING PERSON
PINAULT-PRINTEMPS-REDOUTE S.A.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

------------------------------------------------------------------------------
2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                    (a) / /
                                                                    (b) /x/

------------------------------------------------------------------------------
3     SEC USE ONLY


------------------------------------------------------------------------------
4     SOURCE OF FUNDS*
BK (See Item 3)

------------------------------------------------------------------------------
5     CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
      PURSUANT TO ITEMS 2(d) or 2(e)                                  / /


------------------------------------------------------------------------------
6     CITIZENSHIP OR PLACE OF ORGANIZATION
 France

--------------------------------------------------------------------------------
                               7      SOLE VOTING POWER
      NUMBER OF                       61,743,940 (SEE ITEM 5)
      SHARES
      BENEFICIALLY             -------------------------------------------------
      OWNED BY                 8      SHARED VOTING POWER
      EACH                            -0-
      REPORTING
      PERSON                   -------------------------------------------------
      WITH                     9      SOLE DISPOSITIVE POWER
                                      61,743,940 (SEE ITEM 5)

                               -------------------------------------------------
                               10     SHARED DISPOSITIVE POWER
                                       -0-
--------------------------------------------------------------------------------
11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,743,940 (SEE ITEM 5)

------------------------------------------------------------------------------
12    CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
      CERTAIN SHARES*                                                 / /

------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
62.21% (based upon outstanding shares) (See Item 5)

------------------------------------------------------------------------------
14    TYPE OF PERSON REPORTING*
CO

------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT

<PAGE>


     This Amendment No. 12 ("Amendment No. 12") is filed by Pinault-Printemps-
Redoute S.A., a societe anonyme organized and existing under the laws of the
Republic of France ("PPR"), and amends the Schedule 13D filed on March 29, 1999
by PPR, as previously amended by Amendment No. 1 filed on April 15, 1999,
Amendment No. 2 filed on April 20, 1999, Amendment No. 3 filed on July 19, 1999,
Amendment No. 4 filed on November 18, 1999, Amendment No. 5 filed on September
12, 2001, Amendment No. 6 filed on October 26, 2001, Amendment No. 7 filed on
December 26, 2002, Amendment No. 8 filed on January 15, 2003, Amendment No. 9
filed on January 24, 2003, Amendment No. 10 filed on February 24, 2003 and
Amendment No. 11 filed on March 24, 2003 (collectively, the "Schedule 13D").
PPR is filing this Amendment No. 12 on behalf of itself and its wholly owned
subsidiary, Societe Civile de Gestion Financiere Marothi, a societe a
responsabilite limitee organized and existing under the laws of the Republic of
France ("Marothi"), and Scholefield Goodmann BV, a private limited company
organized and existing under the laws of The Netherlands and a wholly owned
subsidiary of Marothi ("Scholefield").  This Amendment No. 12 relates to the
common shares, nominal value NLG 2.23 per share (the "Common Shares") of Gucci
Group N.V., a naamloze vennootschap organized under the laws of The Netherlands
(the "Company").  Capitalized terms used in this Amendment No. 12 without
definition shall have the meanings ascribed to them in the Schedule 13D.

ITEM 3.     SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

            Item 3 is hereby amended and supplemented as follows:

            The funds used to purchase the 1,144,502 Common Shares described
under Item 4 below were obtained by PPR from available funds.

ITEM 4.     PURPOSE OF TRANSACTION.

            Item 4 is hereby amended and supplemented as follows:

            Scholefield acquired an additional 1,144,502 Common Shares in
transactions effected on the New York Stock Exchange and the Amsterdam Stock
Exchange between March 24, 2003 and April 30, 2003. The Common Shares purchased
between March 24, 2003 and April 4, 2003 were acquired under the Purchase Plan.

            As a result of these purchases and when combined with the Common
Shares previously owned, PPR may be deemed to beneficially own 61,743,940 Common
Shares. Based upon 99,250,833 Common Shares which the Company has informed PPR
are outstanding, as of February 28, 2003, PPR may be deemed to beneficially own
62.21% of the outstanding Common Shares.

            From time-to-time, depending on the market prices for the Common
Shares, PPR may acquire additional Common Shares in open market purchases,
negotiated transactions or otherwise, subject to the limitations set forth in
the Restated SIA and other legal and contractual restrictions. Except as set
forth in this Item 4, PPR presently has no plans or proposals that relate to or
would result in any of the actions specified in clauses (a) through (j) of Item
4 of Schedule 13D.


<PAGE>


ITEM 5.     INTEREST IN SECURITIES OF THE ISSUER.

            Item 5 is hereby amended and supplemented as follows:

            Scholefield acquired an additional 1,144,502 Common Shares in
transactions effected on the New York Stock Exchange and the Amsterdam Stock
Exchange between March 24, 2003 and April 30, 2003. The Common Shares purchased
between March 24, 2003 and April 4, 2003 were acquired under the Purchase Plan.

            As a result of these purchases and when combined with the Common
Shares previously owned, PPR may be deemed to beneficially own 61,743,940 Common
Shares. Based upon 99,250,833 Common Shares which the Company has informed PPR
are outstanding, as of February 28, 2003, PPR may be deemed to beneficially own
62.21% of the outstanding Common Shares.

            Except as set forth in this Item 5 and in Item 4 above, none of SFP,
Artemis, PPR, Purchaser and Mr. Pinault and none of the individuals named in
Exhibit 1 to the Schedule 13D as an executive officer or director of any of SFP,
Artemis, PPR and Purchaser has engaged in any transactions with respect to the
Common Shares during the past 60 days.

ITEM 7.     MATERIAL TO BE FILED AS EXHIBITS.

            Item 7 is hereby amended and supplemented as follows:

Exhibit 29 -      Common Share Purchases by Scholefield Goodmann BV on the
                  Amsterdam Stock Exchange between March 24, 2003 and April 30,
                  2003.







                                      -2-

<PAGE>


                                    SIGNATURE

      After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
statement is true, complete, and correct.

                                    PINAULT-PRINTEMPS-REDOUTE S.A.



                                    By: /s/ Serge Weinberg
                                       ---------------------------------------
                                       Name:  Serge Weinberg
                                       Title: Chairman and Chief Executive
                                              Officer



April 30, 2003









                                      -3-

<PAGE>

                                  EXHIBIT INDEX


 EXHIBIT                             DESCRIPTION

Exhibit 29 -      Common Share Purchases by Scholefield Goodmann BV on the
                  Amsterdam Stock Exchange between March 24, 2003 and April 30,
                  2003.









                                      -4-

<PAGE>




</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>april30exhibit29.txt
<DESCRIPTION>EXHIBIT 99.29
<TEXT>
                                                                      EXHIBIT 29

                COMMON SHARE PURCHASES BY SCHOLEFIELD GOODMANN BV
                         ON THE AMSTERDAM STOCK EXCHANGE
                    BETWEEN MARCH 24, 2003 AND APRIL 30, 2003

Purchases on the Amsterdam Stock Exchange (all amounts other than number of
shares in Euros)

                      NUMBER OF COMMON    PRICE PER COMMON     TOTAL PURCHASE
                      SHARES PURCHASED        SHARE (euro)        PRICE (euro)

March 24, 2003               583                88.60             51,653.80
March 24, 2003              4,417               88.70            391,787.90
March 24, 2003              3,727               88.75            330,771.25
March 24, 2003              6,019               88.80            534,487.20
March 24, 2003              5,000               88.85            444,250.00
March 24, 2003               980                88.90             87,122.00
March 24, 2003              8,981               88.95            798,859.95
March 24, 2003              6,000               89.00            534,000.00
March 24, 2003              9,020               89.05            803,231.00
March 24, 2003               870                89.15             77,560.50
March 24, 2003              3,130               89.20            279,196.00
March 24, 2003              5,000               89.30            446,500.00
March 24, 2003              5,000               89.45            447,250.00
March 26, 2003               173                89.20             15,431.60
March 26, 2003              1,889               89.30            168,687.70
March 26, 2003              5,123               89.35            457,740.05
March 26, 2003              6,466               89.40            578,060.40
March 26, 2003             10,049               89.45            898,883.05
March 26, 2003             28,014               89.50           2,507,253.00


                                      -5-

<PAGE>

March 26, 2003              1,000               89.55             89,550.00
March 26, 2003              5,013               89.60            449,164.80
March 26, 2003              1,000               89.80             89,800.00
March 28, 2003              3,658               88.70            324,464.60
March 28, 2003              4,342               88.75            385,352.50
March 28, 2003              4,412               88.80            391,785.60
March 28, 2003             11,929               88.85           1,059,891.65
March 28, 2003              2,343               88.90            208,292.70
March 28, 2003              5,343               88.95            475,259.85
March 28, 2003              2,372               89.00            211,108.00
March 28, 2003             21,200               89.05           1,887,860.00
March 28, 2003              3,063               89.10            272,913.30
March 28, 2003               65                 89.35             5,807.75
April 2, 2003               1,134               87.90             99,678.60
April 2, 2003                72                 88.05             6,339.60
April 2, 2003                356                88.10             31,363.60
April 2, 2003               9,364               88.20            825,904.80
April 2, 2003               8,331               88.30            735,627.30
April 2, 2003                205                88.35             18,111.75
April 2, 2003                743                88.45             65,718.35
April 2, 2003               1,595               88.50            141,157.50
April 2, 2003               8,194               88.60            725,988.40
April 2, 2003               1,495               88.70            132,606.50
April 2, 2003               5,727               88.75            508,271.25
April 2, 2003              22,704               88.80           2,016,115.20


                                      -6-

<PAGE>

April 2, 2003               2,158               88.85            191,738.30
April 4, 2003                12                 88.85             1,066.20
April 4, 2003               1,298               88.90            115,392.20
April 4, 2003               5,000               88.95            444,750.00
April 4, 2003               4,988               89.00            443,932.00
April 4, 2003               2,344               89.05            208,733.20
April 4, 2003                710                89.10             63,261.00
April 4, 2003               4,500               89.15            401,175.00
April 4, 2003               1,479               89.20            131,926.80
April 4, 2003               4,552               89.25            406,266.00
April 4, 2003               6,000               89.30            535,800.00
April 4, 2003              11,022               89.35            984,815.70
April 4, 2003               2,928               89.40            261,763.20
April 4, 2003               8,937               89.45            799,414.65
April 4, 2003               8,191               89.50            733,094.50
April 4, 2003                117                89.60             10,483.20
April 24, 2003             150,000              87.00           13,050,000.00
April 28, 2003             100,000              86.85           8,685,000.00
April 28, 2003             110,000              87.00           9,570,000.00
April 30, 2003             220,000              87.50           19,250,000.00
April 30, 2003             100,000              87.30           8,730,000.00
April 30, 2003             23,500               86.75           2,038,625.00
April 30, 2003             38,000               86.65           3,292,700.00
                           ------                               ------------
TOTAL                     1,041,837                             91,360,795.95


                                      -7-

<PAGE>

Purchases on the New York Stock Exchange (all amounts other than number of
shares in U.S. Dollars)

                      NUMBER OF COMMON    PRICE PER COMMON     TOTAL PURCHASE
                      SHARES PURCHASED        SHARE ($)           PRICE ($)

March 24, 2003               300                94.35             28,305.00
March 24, 2003              1,700               94.41            160,497.00
March 24, 2003               100                94.42             9,442.00
March 24, 2003              4,600               94.45            434,470.00
March 24, 2003              6,200               94.46            585,652.00
March 24, 2003              4,700               94.47            444,009.00
March 24, 2003              9,100               94.48            859,768.00
March 24, 2003              1,200               94.49            113,388.00
March 24, 2003               800                94.50             75,600.00
March 24, 2003              1,900               94.51            179,569.00
March 24, 2003              2,300               94.52            217,396.00
March 24, 2003              4,500               94.54            425,430.00
March 24, 2003              4,432               94.55            419,045.60
March 24, 2003              3,400               94.56            321,504.00
March 24, 2003              2,400               94.57            226,968.00
March 24, 2003              2,700               94.58            255,366.00
March 24, 2003               200                94.59             18,918.00
March 24, 2003               100                94.60             9,460.00
March 24, 2003              1,000               94.69             94,690.00
March 26, 2003              3,132               95.25            298,323.00
April 4, 2003                100                95.14             9,514.00


                                      -8-

<PAGE>

April 4, 2003               4,900               95.15            466,235.00
April 4, 2003               5,000               95.22            476,100.00
April 4, 2003              37,901               95.25           3,610,070.25
                           ------                               ------------
TOTAL                      102,665                              9,739,719.85











                                      -9-

</TEXT>
</DOCUMENT>
</SUBMISSION>
