NEW YORK — Pinault-Printemps-Redoute SA added another point to its stake in Gucci Group NV and now holds 64.7 percent of the luxury house.

In a filing with the Securities and Exchange Commission, PPR disclosed that between June 11 and July 18, it acquired just more than 1 million shares of Gucci stock for total consideration of about $95.8 million.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus