Kering

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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.


UK: PPR acquires majority stake in Christopher Kane Petah Marian | 15 Jan 13

French apparel and luxury group PPR has acquired a 51% stake in designer brand Christopher Kane in order to help develop the business.


FRANCE: PPR in talks to sell Cyrillus and Vertbaudet brands Katie Smith | 4 Jan 13

French apparel group PPR has entered into negotiations with Alpha Private Equity Fund 6 (APEF 6) for the sale of Redcats' Cyrillus and Vertbaudet children and family brands for EUR119m (US$156m).


FRANCE: Redcats sells Sportsman's Guide and Golf Warehouse Katie Smith | 17 Dec 12

The Redcats mail order unit of French retail group PPR has sold its Sportsman's Guide and The Golf Warehouse, which sell clothing and accessories for outdoor activities, including hunting and golf to Northern Tool + Equipment (NTE) for US$215m.


RUSSIA: PPR acquires EUR10m stake in Bigfoot I Katie Smith | 13 Dec 12

French retail group PPR has acquired a EUR10m (US$13.1m) stake in Bigfoot I, the holding company that owns Russian online retailer Lamoda.


US: PPR sells plus size business to private equity firms Petah Marian | 6 Dec 12

French apparel group PPR has entered into an agreement to sell its US plus size business OneStopPlusGroup to private equity firms Charlesbank Capital and Webster Capital as it works to focus on its luxury and sportswear businesses.


FRANCE: PPR names Wang to lead Balenciaga Petah Marian | 3 Dec 12

PPR has confirmed today (3 November) that Alexander Wang will become creative director of its Balenciaga brand.


FRANCE: PPR in talks to sell Redcats plus-size business? Katie Smith | 29 Nov 12

French luxury goods group PPR is in talks with private equity firm is reportedly in late-stage talks to sell Redcats' plus-size fashion business to private equity firm Charlesbank.


FRANCE: Ghesquiere to leave Balenciaga Katie Smith | 6 Nov 12

French retail group PPR has announced that Nicolas Ghesquière is to step down as creative director of its Balenciaga fashion house.


Luxury fibres and fabrics: High-end markets underpin profits Lee Adendorff | 1 Nov 12

Despite the financial storm clouds that have disrupted Europe's economy over the past few years, the continent's luxury apparel sector has proved remarkably resilient, with global demand for their products rising.

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