PARIS — French distribution conglomerate Pinault-Printemps-Redoute on Friday shuffled its top management as part of its ongoing strategy to center operations around its higher-margin retail and luxury activities.

Denis Olivennes, who joined PPR last September as managing director, second in command to chairman Serge Weinberg, was appointed president of PPR’s home division, including the Fnac music and book chain, and the Conforama furniture retailer.

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