FRANCE: PPR Sales Fall 0.9 Per Cent In Q1
French retailer Pinault-Printemps-Redoute SA (PPR) said Tuesday that tough trading conditions in North America and Europe were behind a 0.9 per cent slip in first quarter revenue. The luxury goods group said revenue for the period was 6.71 billion euros, down from 6.76 billion euros in the same period last year. It said the results were in line with its expectations for the first quarter.