<SUBMISSION>
<ACCESSION-NUMBER>0000898822-03-000767
<TYPE>SC 13D/A
<PUBLIC-DOCUMENT-COUNT>2
<FILING-DATE>20030721
<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>03794830
</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>july21sched13da15.txt
<DESCRIPTION>SCHEDULE 13D/A (NO. 15) - JULY 21, 2003
<TEXT>





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

                                  SCHEDULE 13D
                               (Amendment No. 15)

                    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)

                                 July 18, 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 6 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                       64,233,996 (SEE ITEM 5)
      SHARES
      BENEFICIALLY             -------------------------------------------------
      OWNED BY                 8      SHARED VOTING POWER
      EACH                            -0-
      REPORTING
      PERSON                   -------------------------------------------------
      WITH                     9      SOLE DISPOSITIVE POWER
                                      64,233,996 (SEE ITEM 5)

                               -------------------------------------------------
                               10     SHARED DISPOSITIVE POWER
                                       -0-
--------------------------------------------------------------------------------
11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
64,233,996 (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)
64.70% (BASED UPON OUTSTANDING SHARES) (SEE ITEM 5)

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

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


                               Page 2 of 6 Pages

<PAGE>



            This Amendment No. 15 ("Amendment No. 15") 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, Amendment No. 11 filed on March 24, 2003,
Amendment No. 12 filed on April 30, 2003, Amendment No. 13 filed on May 9,
2003 and Amendment No. 14 filed on June 10, 2003 (collectively, the "Schedule
13D").  PPR is filing this Amendment No. 15 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. 15
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. 15 without definition shall have the meanings ascribed to them
in the Schedule 13D.

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

            Item 3 is hereby amended and supplemented as follows:

            The funds used to purchase the 1,000,056 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 1,000,056 Common Shares in
transactions effected on the Amsterdam Stock Exchange and the New York Stock
Exchange between June 11, 2003 and July 18, 2003. The Common Shares purchased
between June 11, 2003 and July 4, 2003 were acquired under the June 2003
Purchase Plan, which terminated by its terms on July 6, 2003.

            As a result of these purchases and when combined with the Common
Shares previously owned, PPR may be deemed to beneficially own 64,233,996 Common
Shares. Based upon 99,274,819 Common Shares which the Company has informed PPR
are outstanding, as of June 30, 2003, PPR may be deemed to beneficially own
64.70% 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 3 of 6 Pages

<PAGE>

ITEM 5.     INTEREST IN SECURITIES OF THE ISSUER.

            Item 5 is hereby amended and supplemented as follows:

            Scholefield acquired an additional 1,000,056 Common Shares in
transactions effected on the Amsterdam Stock Exchange and the New York Stock
Exchange between June 11, 2003 and July 18, 2003.

            As a result of these purchases and when combined with the Common
Shares previously owned, PPR may be deemed to beneficially own 64,233,996 Common
Shares. Based upon 99,274,819 Common Shares which the Company has informed PPR
are outstanding, as of June 30, 2003, PPR may be deemed to beneficially own
64.70% 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 33 -      Common Share Purchases by Scholefield Goodmann BV on the
                  Amsterdam Stock Exchange and the New York Stock Exchange
                  between June 11, 2003 and July 18, 2003.









                                Page 4 of 6 Pages

<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



June 21, 2003







                                Page 5 of 6 Pages

<PAGE>


                                  EXHIBIT INDEX


     EXHIBIT                        DESCRIPTION

Exhibit 33 -      Common Share Purchases by Scholefield Goodmann BV on the
                  Amsterdam Stock Exchange and the New York Stock Exchange
                  between June 11, 2003 and July 18, 2003.








                                Page 6 of 6 Pages

<PAGE>


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>july21ex33.txt
<DESCRIPTION>EXHIBIT 99.33
<TEXT>

                                                                      EXHIBIT 33

    COMMON SHARE PURCHASES BY SCHOLEFIELD GOODMANN BV ON THE AMSTERDAM STOCK
EXCHANGE AND THE NEW YORK STOCK EXCHANGE BETWEEN JUNE 11, 2003 AND JULY 18, 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)

June 11, 2003                9,000              83.10               747,900.00
June 11, 2003                3,350              83.15               278,552.50
June 11, 2003                6,256              83.20               520,499.20
June 11, 2003               16,500              83.25             1,373,625.00
June 11, 2003                1,100              83.30                91,630.00
June 11, 2003               12,686              83.35             1,057,378.10
June 11, 2003                6,408              83.40               534,427.20
June 11, 2003                4,975              83.45               415,163.75
June 11, 2003                5,945              83.50               496,407.50
June 11, 2003                2,000              83.55               167,100.00
June 11, 2003                1,134              83.60                94,802.40
June 11, 2003                  500              83.65                41,825.00
June 12, 2003                1,000              83.00                83,000.00
June 12, 2003                2,000              83.05               166,100.00
June 12, 2003                  800              83.15                66,520.00
June 12, 2003                2,000              83.20               166,400.00
June 12, 2003                1,000              83.25                83,250.00
June 12, 2003                2,921              83.30               243,319.30


                                      -1-

<PAGE>

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

June 12, 2003                1,000              83.35                83,350.00
June 12, 2003               12,127              83.40             1,011,391.80
June 12, 2003               25,832              83.45             2,155,680.40
June 12, 2003               20,030              83.50             1,672,505.00
June 12, 2003                5,000              83.55               417,750.00
June 13, 2003                2,000              82.95               165,900.00
June 13, 2003                8,818              83.05               732,334.90
June 13, 2003                7,865              83.10               653,581.50
June 13, 2003                9,057              83.15               753,089.55
June 13, 2003                4,219              83.20               351,020.80
June 13, 2003                6,000              83.25               499,500.00
June 13, 2003               11,364              83.35               947,189.40
June 13, 2003               11,917              83.40               993,877.80
June 13, 2003                2,683              83.45               223,896.35
June 16, 2003                  260              82.30                21,398.00
June 16, 2003                  740              82.35                60,939.00
June 16, 2003                1,000              82.40                82,400.00
June 16, 2003                  737              82.45                60,765.65
June 16, 2003                1,750              82.50               144,375.00
June 16, 2003                1,515              82.60               125,139.00
June 16, 2003               16,393              82.65             1,354,881.45
June 16, 2003               15,009              82.70             1,241,244.30
June 16, 2003                9,576              82.75               792,414.00
June 16, 2003               15,479              82.80             1,281,661.20






                                      -2-

<PAGE>

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

June 16, 2003                5,906              82.85               489,312.10
June 16, 2003                2,360              82.90               195,644.00
June 17, 2003                1,000              82.80                82,800.00
June 17, 2003                1,000              82.95                82,950.00
June 17, 2003                5,000              83.00               415,000.00
June 17, 2003                3,113              83.05               258,534.65
June 17, 2003                6,887              83.10               572,309.70
June 17, 2003                2,888              83.15               240,137.20
June 17, 2003                8,310              83.20               691,392.00
June 17, 2003               29,919              83.25             2,490,756.75
June 17, 2003               12,608              83.30             1,050,246.40
June 18, 2003                  210              83.10                17,451.00
June 18, 2003                  332              83.70                27,788.40
June 18, 2003               11,793              83.75               987,663.75
June 18, 2003                6,127              83.80               513,442.60
June 18, 2003                4,055              83.85               340,011.75
June 18, 2003               13,948              83.95             1,170,934.60
June 18, 2003                3,375              84.00               283,500.00
June 18, 2003                2,369              84.05               199,114.45
June 19, 2003                1,612              84.25               135,811.00
June 19, 2003                4,251              84.30               358,359.30
June 19, 2003               22,733              84.35             1,917,528.55
June 19, 2003               35,129              84.40             2,964,887.60
June 19, 2003                2,100              84.45               177,345.00


                                      -3-

<PAGE>

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

June 19, 2003                1,000              84.50                84,500.00
June 19, 2003                3,900              84.55               329,745.00
June 20, 2003                5,000              84.00               420,000.00
June 20, 2003                    5              84.05                   420.25
June 20, 2003                  656              84.10                55,169.60
June 20, 2003                1,447              84.15               121,765.05
June 20, 2003                1,000              84.20                84,200.00
June 20, 2003                  300              84.30                25,290.00
June 20, 2003                4,995              84.35               421,328.25
June 20, 2003                6,996              84.40               590,462.40
June 20, 2003                5,534              84.45               467,346.30
June 20, 2003               33,072              84.50             2,794,584.00
June 20, 2003                3,254              84.55               275,125.70
June 20, 2003                8,466              84.60               716,223.60
June 23, 2003                1,230              84.65               104,119.50
June 23, 2003                3,690              84.75               312,727.50
June 23, 2003                3,690              84.80               312,912.00
June 23, 2003                1,390              85.00               118,150.00
June 23, 2003                   31              85.05                 2,636.55
June 23, 2003                7,119              85.10               605,826.90
June 23, 2003               12,980              85.15             1,105,247.00
June 23, 2003                4,906              85.20               417,991.20
June 23, 2003                1,200              85.25               102,300.00
June 23, 2003               11,972              85.30             1,021,211.60


                                      -4-

<PAGE>

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

June 23, 2003                7,655              85.35               653,354.25
June 23, 2003               16,760              85.40             1,431,304.00
June 24, 2003                   88              84.75                 7,458.00
June 24, 2003                5,000              84.80               424,000.00
June 24, 2003                5,000              85.05               425,250.00
June 24, 2003                5,000              85.10               425,500.00
June 24, 2003                1,330              85.15               113,249.50
June 24, 2003                5,835              85.20               497,142.00
June 24, 2003                1,000              85.40                85,400.00
June 24, 2003                1,835              85.45               156,800.75
June 25, 2003                1,000              85.00                85,000.00
June 25, 2003                4,000              85.05               340,200.00
June 25, 2003                1,000              85.10                85,100.00
June 25, 2003                3,413              85.15               290,616.95
June 25, 2003                1,000              85.25                85,250.00
June 26, 2003                  500              85.05                42,525.00
June 26, 2003                1,000              85.40                85,400.00
June 26, 2003                1,000              85.55                85,550.00
June 26, 2003                2,000              85.65               171,300.00
June 26, 2003                1,000              85.75                85,750.00
June 26, 2003                4,291              85.08               365,078.28
June 26, 2003                  209              85.85                17,942.65
June 27, 2003                1,466              85.60               125,489.60
June 27, 2003                  850              85.65                72,802.50


                                      -5-

<PAGE>

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

June 27, 2003                3,869              85.70               331,573.30
June 27, 2003                1,000              85.75                85,750.00
June 27, 2003                  781              85.80                67,009.80
June 27, 2003                2,034              85.85               174,618.90
June 30, 2003                1,000              85.20                85,200.00
June 30, 2003                  500              85.30                42,650.00
June 30, 2003                1,000              85.45                85,450.00
June 30, 2003                2,500              85.55               213,875.00
June 30, 2003                1,000              85.60                85,600.00
June 30, 2003                1,000              85.70                85,700.00
June 30, 2003                1,000              85.75                85,750.00
June 30, 2003                  397              85.80                34,062.60
June 30, 2003                  603              85.85                51,767.55
June 30, 2003                1,000              86.00                86,000.00
July 1, 2003                14,034              84.65             1,187,978.10
July 1, 2003                 1,715              84.70               145,260.50
July 1, 2003                    30              84.75                 2,542.50
July 1, 2003                23,150              84.85             1,964,277.50
July 1, 2003                14,181              84.90             1,203,966.90
July 1, 2003                 4,669              84.95               396,631.55
July 1, 2003                 1,255              85.00               106,675.00
July 1, 2003                 1,000              85.10                85,100.00
July 1, 2003                 1,000              85.65                85,650.00
July 1, 2003                 1,000              85.70                85,700.00


                                       -6-

<PAGE>

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

July 2, 2003                 1,000              84.65                84,650.00
July 2, 2003                 1,000              84.70                84,700.00
July 2, 2003                 4,485              84.75               380,103.75
July 2, 2003                 1,000              84.80                84,800.00
July 2, 2003                 3,005              84.85               254,974.25
July 2, 2003                13,848              84.90             1,175,695.20
July 2, 2003                 2,401              84.95               203,964.95
July 2, 2003                16,630              85.00             1,413,550.00
July 2, 2003                 8,636              85.05               734,491.80
July 2, 2003                 5,029              85.10               427,967.90
July 2, 2003                 5,000              85.15               425,750.00
July 3, 2003                 1,094              85.40                93,427.60
July 3, 2003                 4,410              85.45               376,834.50
July 3, 2003                14,228              85.50             1,216,494.00
July 3, 2003                 7,116              85.55               608,773.80
July 3, 2003                 9,233              85.60               790,344.80
July 3, 2003                11,318              85.65               969,386.70
July 3, 2003                 7,284              85.70               624,238.80
July 3, 2003                 1,000              85.80                85,800.00
July 3, 2003                 5,000              85.85               429,250.00
July 3, 2003                 1,351              85.90               116,050.90
July 4, 2003                 3,008              85.55               257,334.40
July 4, 2003                 4,370              85.60               374,072.00
July 4, 2003                 4,456              85.65               381,656.40


                                       -7-

<PAGE>

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

July 4, 2003                 9,986              85.70               855,800.20
July 4, 2003                     1              85.75                    85.75
July 4, 2003                 1,605              85.80               137,709.00
July 4, 2003                16,216              85.85             1,392,143.60
July 4, 2003                22,392              85.90             1,923,472.80
July 18, 2003               50,000              87.25             4,362,500.00
                            ------                                ------------
TOTAL                      968,856                               81,808,664.03


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 ($)              PRICE ($)

July 1, 2003                 3,200              97.98               313,536.00
July 1, 2003                 2,500              97.99               244,975.00
July 1, 2003                 1,700              98.00               166,600.00
July 1, 2003                 1,350              98.01               132,313.50
July 1, 2003                   200              98.04                19,608.00
July 1, 2003                 1,800              98.05               176,490.00
July 1, 2003                   200              98.11                19,622.00
July 1, 2003                 5,800              98.12               569,096.00
July 1, 2003                   200              98.16                19,632.00
July 1, 2003                 2,000              98.17               196,340.00
July 1, 2003                 5,400              98.18               530,172.00
July 2, 2003                 1,150              98.04               112,746.00
July 2, 2003                 3,500              98.10               343,350.00


                                       -8-

<PAGE>

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

July 2, 2003                   100              98.13                 9,813.00
July 2, 2003                   100              98.18                 9,818.00
July 2, 2003                 1,000              98.21                98,210.00
July 2, 2003                 1,000              98.25                98,250.00
                             -----                                   ---------
TOTAL                       31,200                                3,060,571.50







                                      -9-

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