Gucci Group management would favour a full takeover bid for the company at the right price, chairman and chief executive Domenico De Sole told Il Sole 24 Ore. De Sole said a final decision would be up to the group's shareholders - Gucci is 42 per cent-controlled by retailer Pinault-Printemps-Redoute SA (F.PPR) - and hopes the uneasy relationship with Louis Vuitton Moet Hennessy LVMH can be resolved this year. LVMH holds 20 per cent of Gucci.