AMSTERDAM — Gucci chief Domenico De Sole and his majority shareholder, Pinault Printemps Redoute, sought to ride out market fears the French retailer could renege on its $5 billion commitment to buy the 47 percent chunk of Gucci it doesn’t already own in 2004.

Speaking to shareholders here, PPR chief Serge Weinberg insisted his French company was fully committed to buy all of Gucci,?while De Sole said the Italian group is on track to meet its cautious financial targets for 2002, despite a market that he said will be tough for the rest of the year.

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