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US: Yoox in talks with PPR for online venture - reports

21 May 2012

Shares in Italian online fashion retailer Yoox have increased the most in two and a half years of trading in Milan, after the company is reportedly in talks to set up an online venture with French retail group PPR.

FRANCE: PPR unveils five-year sustainability targets

27 April 2012

French retail group PPR, which owns luxury brands like Gucci and Yves Saint Laurent as well as sportswear firm Puma, today (27 April) unveiled a series of sustainability targets for the next five years, following the launch of its green profit and loss report last year.

FRANCE: Strong luxury sales lift Q1 at PPR

26 April 2012

A stellar performance in its luxury division, which includes brands like Gucci, Bottega Veneta and Yves Saint Laurent, has helped French group PPR to a 15% rise in first-quarter revenue.

NORWAY: Altor coy on Helly Hansen sale plans

3 April 2012

Private-equity firm Altor has remained coy on reports that it plans to put outdoor clothing brand Helly Hansen up for sale this week.

FRANCE: Zeitz to lead PPR sustainability committee

21 March 2012

French luxury goods group PPR has moved Jochen Zeitz to a new role as chairman of sustainability, in a change that will see him stepping down as CEO of the company's sport and lifestyle division in October.

US: Court to hear Gucci trademark case against Guess

14 March 2012

Gucci America will work to convince a federal judge this month that Guess Inc's products infringe Gucci's trademarked designs.

FRANCE: PPR names Slimane to lead Yves Saint Laurent

7 March 2012

Yves Saint Laurent has ended weeks of speculation by appointing Hedi Slimane as the luxury brand's creative director following the recent departure of Stefano Pilati.

FRANCE: Pilati to leave Yves Saint Laurent

27 February 2012

PPR has announced that Stefano Pilati, the creative director of Yves Saint Laurent, is set to leave the company.

FRANCE: PPR eyes 2012 growth as FY profit rises

16 February 2012

French luxury goods group PPR says it is confident it will see robust revenue growth this year after booking a 2.3% rise in profit in 2011.

FRANCE: PPR expands executive committee

16 February 2012

French luxury goods group PPR is expanding its executive committee as part of its plans to better integrate the apparel group, which includes luxury brands like Gucci and the Puma sportswear line.

FRANCE: Puma appoints new head of French subsidiary

13 February 2012

PPR-owned sportswear group Puma has appointed Richard Teyssier as the new head of its French subsidiary.

FRANCE: LVMH FY profit breaks EUR5bn barrier

3 February 2012

Double-digit growth for its fashion and leather goods brands helped luxury powerhouse LVMH Moët Hennessy Louis Vuitton to record full-year net profits of EUR5.26bn in 2011.

US: United Retail Group files for bankruptcy during sale

2 February 2012

United Retail Group, the owner of the Avenue women's plus-size apparel brand and a subsidiary of Redcats USA, has begun Chapter 11 bankruptcy proceedings while it sells the company.

FRANCE: Vivarte appoints Metzger as new CEO

1 February 2012

French group Vivarte, which has an extensive portfolio of clothing and footwear retail brands, is set to appoint Antoine Metzger to the post of CEO.

FRANCE: PPR appoints Hymel as sport and lifestyle COO

25 January 2012

PPR has appointed Todd Hymel in the newly created role of chief operating officer of the company's sport and lifestyle division.

ITALY: PPR completes Brioni acquisition

12 January 2012

French luxury goods group PPR today (12 January) said it has completed the recently-announced acquisition of high-end Italian tailor Brioni, following clearance from antitrust authorities.

ITALY: Prada books 75% jump in nine-month profit

30 November 2011

Prada has reported a 75% jump in net profit in the first nine-months of the year as margins improved on the back of a shift towards retail, a better markdown strategy and improved scale and manufacturing efficiencies.

Spotlight on...PPR ramps up its green profit and loss report

16 November 2011

French luxury and sporting goods group PPR has revealed the first full set of green accounts for Puma - and says it now plans to roll out environmental profit and loss (EP&L) statements across all of its brands by 2015.

UK: Global growth lifts Burberry H1 profit by 41%

15 November 2011

Burberry has reported a 41% hike in first-half net profit, helped by strong sales growth and international expansion.

FRANCE: PPR to buy high end Italian tailor Brioni

8 November 2011

French luxury goods group PPR today (8 November) said it is buying high end Italian tailor Brioni for an undisclosed sum.

FRANCE: PPR Q3 revenue up on accelerating luxury sales

27 October 2011

PPR has attributed a 7% rise in third-quarter revenue to a jump in luxury sales over the period.

CHINA: Gucci takes action over “sweatshop” reports

12 October 2011

Luxury fashion brand Gucci has announced a series of measures in response to accusations from former employees that its Shenzhen store was operated like a “sweatshop”.

SWITZERLAND: PPR expands logistics platform

11 October 2011

Luxury goods group PPR has moved to expand its distribution and logistics platform with the acquisition of a site in Switzerland.

CHINA: Gucci accused over “sweatshop” reports

11 October 2011

Luxury Italian fashion brand Gucci has been accused of being a “sweatshop” by five people who used to work in the company’s store in Shenzhen.

FRANCE: PPR postpones Redcats sale

20 September 2011

PPR has confirmed that it has postponed the sale of its Redcats home shopping business.

WORLD: Apparel firms join Uzbek cotton ban

12 September 2011

More than 60 of the world's best known apparel companies and brands, including Adidas, Burberry, C&A, Levi Strauss, Li & Fung, Liz Claiborne, PVH Corp and Wal-Mart Stores, have vowed not to source Uzbek cotton harvested using forced child labour.

FRANCE: PPR raises stake in Puma

9 August 2011

Luxury goods and fashion group PPR has increased its stake in sporting goods firm Puma to 75%.

FRANCE: PPR sees "sustained" growth this year

29 July 2011

French retail group PPR SA today (29 July) said it is confident it will be able to deliver "sustained" growth for the rest of the year after seeing strong first-half sales.

GERMANY: Koch takes the helm at Puma SE

26 July 2011

German sporting goods maker Puma AG has completed its transformation into a European Corporation and confirmed Franz Koch new its new CEO with immediate effect.

US: PPR concludes Volcom acquisition

23 June 2011

Luxury goods and fashion group PPR has completed its acquisition of action sports apparel company Volcom, acquiring 87.4% of the company’s shares by the conclusion of its extended offer period.

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