                                                               EXHIBIT 99(A)(35)

                        [PINAULT-PRINTEMPS-REDOUTE LOGO]


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                                  PRESS RELEASE
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                                                           Paris, April 30, 2004

                      PPR MAKES CLARIFICATION IN CONNECTION
                          WITH ITALIAN SUSPENSION ORDER


Pinault-Printemps-Redoute  S.A. (Euronext Paris: PRTP:PA),  after a request from
the Italian securities regulator CONSOB in connection with the PPR press release
issued on 29 April 2004, makes the following clarification,  specifying that the
offer  document  pursuant  to  which  PPR was  offering  to  acquire  all of the
outstanding shares of Gucci Group NV (Euronext Amsterdam: GCCI.AS) contained the
following warning:

         "The distribution of the Offer to Purchase and any separate
         documentation relating to the Offer and the making of the Offer may, in
         some jurisdictions, be restricted or prohibited by applicable law. The
         Offer is not being made, directly or indirectly, in or into, and may
         not be accepted from within, any jurisdiction in which the making of
         the Offer or the acceptance of the Offer would not be in compliance
         with the laws of that jurisdiction. Persons who come into possession of
         the Offer to Purchase or other documentation relating to the Offer
         should inform themselves of and observe all of these restrictions. Any
         failure to comply with these restrictions may constitute a violation of
         the securities laws of that jurisdiction. None of PPR, Gucci or any of
         their respective officers, directors, employees, advisors, affiliates
         or agents assume any responsibility for any violation by any person of
         any of these restrictions. Any holder of [Gucci] Shares who is in any
         doubt as to his or her position should consult an appropriate
         professional adviser without delay."

The  purpose  of  this  language  in  the  offer  document  was to  exclude  all
jurisdictions  where the making of the offer was not  proper,  including  Italy.
This  issue  was  clarified  with  CONSOB  following  the  receipt  of  CONSOB's
suspension  order  regarding  Italy on 29 April 2004.  Since the offer was never
intended  to be  directed  at  Italian  residents,  no  tenders  made  by  Gucci
shareholders resident in Italy will be processed, validated or settled.


INVESTORS  AND SECURITY  HOLDERS ARE  STRONGLY  ADVISED TO READ THE TENDER OFFER
STATEMENT (AS UPDATED AND AMENDED) AND RECOMMENDATION/SOLICITATION STATEMENT (AS
UPDATED AND AMENDED)  REGARDING THE TENDER OFFER BECAUSE THEY CONTAIN  IMPORTANT
INFORMATION.  THESE  STATEMENTS  HAVE BEEN FILED BY PPR AND GUCCI GROUP WITH THE
U.S.  SECURITIES  AND EXCHANGE  COMMISSION.  INVESTORS AND SECURITY  HOLDERS MAY
OBTAIN  A FREE  COPY OF  THESE  STATEMENTS  AND  OTHER  FILED  DOCUMENTATION  AT
WWW.SEC.GOV.  THESE STATEMENTS AND OTHER FILED DOCUMENTATION MAY BE OBTAINED FOR
FREE BY DIRECTING SUCH REQUESTS TO PPR'S INVESTOR RELATIONS  DEPARTMENT AT +33 1
45 64 63 25, GUCCI GROUP'S INVESTOR

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RELATIONS  DEPARTMENT  AT  +39  055  75 92 24  56,  OR ABN  AMRO  VIA  EMAIL  AT
PROSPECTUS@NL.ABNAMRO.COM.  THE UPDATED  OFFER TO PURCHASE,  AS AMENDED (BUT NOT
THE RELATED TRANSMITTAL  DOCUMENTS) MAY ALSO BE DOWNLOADED FROM PPR'S WEBSITE AT
WWW.PPRFINANCE.COM.

THE DISTRIBUTION OF THE OFFER DOCUMENTS AND ANY SEPARATE  DOCUMENTATION RELATING
TO  THE  TENDER  OFFER  AND  THE  MAKING  OF  THE  TENDER  OFFER  MAY,  IN  SOME
JURISDICTIONS,  BE RESTRICTED OR PROHIBITED BY APPLICABLE LAW. SUCH TENDER OFFER
IS NOT BEING MADE,  DIRECTLY OR INDIRECTLY,  IN OR INTO, AND MAY NOT BE ACCEPTED
FROM  WITHIN,  ANY  JURISDICTION  IN WHICH THE MAKING OF THE TENDER OFFER OR THE
ACCEPTANCE OF THE TENDER OFFER WOULD NOT BE IN COMPLIANCE  WITH THE LAWS OF THAT
JURISDICTION.  PERSONS WHO COME INTO  POSSESSION  OF ANY OF THE OFFER  DOCUMENTS
SHOULD INFORM THEMSELVES OF AND OBSERVE ALL OF THESE  RESTRICTIONS.  ANY FAILURE
TO COMPLY WITH THESE  RESTRICTIONS  MAY CONSTITUTE A VIOLATION OF THE SECURITIES
LAWS  OF  THAT  JURISDICTION.  NONE OF PPR,  GUCCI  OR ANY OF  THEIR  RESPECTIVE
OFFICERS,  DIRECTORS,  EMPLOYEES,  ADVISORS,  AFFILIATES  OR AGENTS  ASSUME  ANY
RESPONSIBILITY FOR ANY VIOLATION BY ANY PERSON OF ANY OF THESE RESTRICTIONS. ANY
HOLDER  OF GUCCI  SHARES  WHO IS IN ANY DOUBT AS TO HIS OR HER  POSITION  SHOULD
CONSULT AN APPROPRIATE PROFESSIONAL ADVISER WITHOUT DELAY.


PPR CONTACTS
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PRESS:                        Thomas Kamm                    +33 1 45 64 63 46
                              Catherine Malek                +33 1 45 64 61 20
ANALYSTS/INVESTORS:           David Newhouse                 +33 1 45 64 63 23
                              Alexandre de Brettes           +33 1 45 64 61 49
PRESS SITE:                   www.pprlive.com
ANALYSTS/INVESTORS SITE:      www.pprfinance.com



















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