Kering

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Thierry Guibert tapped as new Lacoste CEO Stuart Todd | 19 Jan 15

Maus Frères Group (MFG) has appointed Thierry Guibert as the new CEO of Lacoste, succeeding José-Luis Duran, who is stepping down after more than five years at the helm.


FRANCE: Sergio Rossi boss Melard exits Katie Smith | 2 Sep 14

Sergio Rossi president and CEO Christophe Mélard has stepped down to "follow new professional challenges" outside of the luxury footwear and accessories brand.


FRANCE: Kering in talks to sell La Redoute Katie Smith | 5 Dec 13

French luxury goods group Kering, formerly PPR, has entered into exclusive negotiations to sell La Redoute to the mail order unit's existing CEO Nathalie Balla and Eric Courteille, chief administrative officer of parent company Redcats.


FRANCE: Kering invests in Tomas Maier brand Katie Smith | 19 Nov 13

Kering (formerly PPR) is stepping up investment in its luxury portfolio by entering into a joint venture with Tomas Maier to develop the US-based brand.


FRANCE: Kering in full-year profit warning Katie Smith | 14 Nov 13

Kering has warned its full-year profit will be down "significantly" on the prior year, hurt by one-off charges at Puma and the disposal of its mail order business, La Redoute.


FRANCE: Kering forecasts job cuts at La Redoute Katie Smith | 31 Oct 13

French luxury goods group Kering has said it expects the restructuring and sale of its La Redoute mail order business will have a "significant" impact on jobs.


FRANCE: Gucci, Puma weigh on Kering Q3 sales Katie Smith | 25 Oct 13

French luxury group Kering (formerly PPR) reported a 1.5% decline in third-quarter revenue, weighed down by its performance at Gucci and at its sportswear brand Puma.


FRANCE: Kering silent on La Redoute disposal Katie Smith | 22 Oct 13

French luxury group Kering (formerly PPR) has refused to be drawn on reports that it is looking to invest at least EUR300m (US$410.2m) into La Redoute to try to find a buyer for the mail order business.


just-style's research roundup Liz Hague | 7 Oct 13

Featured reports from just-style's research store this week include a look at apparel in Egypt, a company profile on Adidas Group, and an industry report on global jeans manufacturers.


FRANCE: Kering takes minority stake in Altuzarra Petah Marian | 6 Sep 13

French luxury group Kering is continuing its focus on the luxury sector, taking a minority stake in New York-based women's wear label Altuzarra.


ASIA: To continue to drive luxury growth Katie Smith | 15 Aug 13

Asia, particularly China, will continue to drive growth in the luxury market despite a slight slowdown in recent years, according to new research.


FRANCE: Qatari investors finalise Printemps acquisition Katie Smith | 1 Aug 13

Qatar-backed Tamburi Investment Partners (TIP) has completed its acquisition of French department store chain Printemps, in a deal that is estimated to be worth EUR1.8bn (US$2.4bn).


FRANCE: Kering H1 profit plummets on Fnac sale Katie Smith | 26 Jul 13

French luxury and sportswear group Kering, owner of the Gucci, Bottega Veneta and Yves Saint Laurent brands, has seen its first-half profit plummet 64% after it was weighed down by a loss on the sale of its entertainment retail chain Fnac.


FRANCE: Kering names De Brettes Christopher Kane CEO Katie Smith | 25 Jul 13

French luxury and sportswear group Kering (formerly known as PPR) has appointed Alexandre de Brettes as CEO of its designer brand Christopher Kane.


FRANCE: Kering names Sustainability Technical Advisory Group Petah Marian | 23 Jul 13

French luxury group Kering has set up an advisory group to help advise and advance its sustainability strategy.


FRANCE: Kering shortlists buyers for La Redoute? Katie Smith | 3 Jul 13

French luxury and sportswear group Kering (formerly known as PPR) has reportedly shortlisted six candidates to buy its Redcats mail order division La Redoute.


FRANCE: PPR completes name change to Kering Petah Marian | 19 Jun 13

French luxury group PPR has officially changed its name to Kering, after its AGM yesterday (18 June).


ITALY: Gucci loses trademark case against Guess Petah Marian | 7 May 13

Gucci has lost the latest bout in a trademark battle against Guess in Italy.


US: Ralph Lauren appoints Lendrum to head US stores Katie Smith | 7 May 13

Ralph Lauren has confirmed the appointment of former Gucci executive Laura Lendrum to the position of president of the group's US stores division.


FRANCE: Kering first-quarter revenue edges up Petah Marian | 26 Apr 13

French luxury and sportswear group Kering (formerly known as PPR) saw first-quarter revenue edge up 1%, driven by growth in its luxury division.


US: Volcom to undergo Environmental Profit & Loss account Petah Marian | 11 Apr 13

Skatewear brand Volcom is set to increase its focus on sustainability, becoming the latest Kering-owned brand to undergo an Environmental Profit and Loss.


FRANCE: Kering sells Vertbaudet and Cyrillus brands for EUR119m Petah Marian | 5 Apr 13

French luxury group Kering has closed the sale of its Vertbaudet and Cyrillus children and family clothing brands to the Alpha Private Equity Fund 6 for EUR119m (US$153.9m).


FRANCE: PPR acquires crocodile skin company France Croco Petah Marian | 25 Mar 13

French luxury group PPR, which will be renamed Kering in June, has acquired French crocodile skin company France Croco.


FRANCE: PPR changes name to Kering Katie Smith | 22 Mar 13

French apparel group PPR is changing its name to Kering as it looks to position itself as a luxury and sportswear business.


FRANCE: PPR mulls name change? Katie Smith | 6 Mar 13

French apparel and luxury group PPR is reportedly considering changing its name to Kering as it looks to focus on its luxury and sportswear businesses.


FRANCE: Redcats to sell Ellos brand to Nordic Capital Katie Smith | 25 Feb 13

PPR's Redcats division has entered an agreement to sell its apparel and homeware brands Ellos and Jotex to Nordic Capital Fund VII for EUR275m (US$365m).


FRANCE: Borletti in exclusive talks to acquire Printemps Stuart Todd | 20 Feb 13

Italian investment group Borletti is in exclusive negotiations with Deutsche Bank's real estate arm, Rreef, to acquire its stake in French department store chain Printemps.


FRANCE: PPR luxury brands boost 2012 profits Petah Marian | 15 Feb 13

PPR is confident of continued growth in 2013, after posting a rise in 2012 net profit as strong sales of its luxury brands offset weakness in its sports division.


US: PPR completes sale of OneStopPlus Petah Marian | 7 Feb 13

PPR has completed the sale of its OneStopPlus US plus sized clothing business to private equity firms Charlesbank Capital Partners and Webster Capital.


ITALY: Yoox posts 29.1% full-year sales increase Petah Marian | 7 Feb 13

Online fashion retailer Yoox recorded a sharp increase in sales during 2012, after recording strong growth in its key international markets.

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