USA: Gucci And PPR Fail To Agree Terms Of PPR Bid

Negotiations between the two largest shareholders in Gucci, the luxury goods group, have ground to a halt. The two sides in the dispute - LVMH Moet Hennessy Louis Vuitton SA and Pinault-Printemps-Redoute SA - have both issued conflicting statements indicating just how bad relations between the two companies have become.

Negotiations between the two largest shareholders in Gucci, the luxury goods group, have ground to a halt. The two sides in the dispute – LVMH Moet Hennessy Louis Vuitton SA and Pinault-Printemps-Redoute SA – have both issued conflicting statements indicating just how bad relations between the two companies have become.

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