PARIS — Moving a step closer to becoming a pure player in apparel and accessories, PPR said Tuesday it plans to demerge and float Fnac, a struggling retailer of books, music and home electronics.
PPR said the spin-off — via the distribution of Fnac shares to the shareholders of PPR — is intended to go ahead in 2013. Detailed terms are to be presented later following consultations with works councils.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)