By  on February 15, 2010

PARIS — French retail-to-luxury group PPR would do better to split off its luxury goods brands and float the remaining general retail divisions rather than sell them off, research firm Bernstein Research said in a report Friday.

PPR chairman and chief executive officer François-Henri Pinault has indicated he wants to divest the group’s European retail businesses, which include furniture chain Conforama and books and electronics seller Fnac, to focus exclusively on consumer and luxury brands including Gucci, Yves Saint Laurent and Puma.

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