Gucci Group NV (NYSE: GUC; Amsterdam) has appointed Giacomo Santucci as managing director of the Gucci Division and vice president of Gucci Group. Giacomo Santucci will join Gucci in January 2001 from Prada Group. "I am pleased that Giacomo is joining Gucci. Giacomo's experience and extensive knowledge of the luxury goods industry will be a great asset to the Group, complementing the already strong skill base of our management team. Appointments of such high calibre demonstrate the excellent work environment of our company as well as the allure and strength of the Gucci brand and strategy. They also help reinforce our position among the world's leading multi-brand luxury goods companies," said chief executive officer, Domenico De Sole.