FRANCE: Pinault Appoints Son As Heir To Retailing Empire
By just-style.com | 19 January 2001
Francois Pinault, controller of French retailing group Pinault-Printemps-Redoute has announced that he has appointed his son, Francois-Henri, as heir to his controlling 45 per cent of the company. The move should help to clarify the future of Pinault's retailing empire, although he did state that the decision to appoint his son as successor should not been seen as a sign that he was about to retire.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
FRANCE: Gucci Group pushes up PPR 2005 profit
Europe's biggest non-food retailer PPR said 2005 profit jumped 11% from last year's, driven by increased Asian demand plus continued strength of the Gucci division.
FRANCE: PPR mulls US catalogue purchase - paper
French luxury retail group PPR is eyeing possible acquisitions in the United States to help shore up its international growth, according to media reports on Friday (3 February).
ITALY: Gucci Menswear creative director resigns
Designer John Ray has stepped down from his post as creative director of Gucci Menswear.