By  on June 6, 2013

TOKYO — Kering managing director Jean-Francois Palus said Thursday that the French luxury goods group is focusing on organic growth of its existing labels but it might pursue smaller acquisitions if the right opportunities present themselves.

"We are going to calm down with the acquisitions but again, some of them could come to complement [the group's portfolio]," the executive in Tokyo at a briefing on the company's strategy in light of its name change from PPR to Kering.

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