PPR (company)

From Wikipedia, the free encyclopedia

PPR is a French multinational holding company specializing in retail shops and luxury brands. The company is headquartered in Paris and is run by its founder, billionaire businessman François Pinault. It is quoted on Euronext Paris and is a constituent of the CAC 40 index. It was originally called Pinault-Printemps-Redoute, but changed its name on 18 May 2005 to simply PPR. On June 20, 2006, PPR annouced that it had entered into exclusive negotiations pertaining to the sale of France Printemps after receiving a joint offer from RREEF and Borletti Group for €1.075 billion.

1 Subsidiaries
2 Former subsidiaries
3 Competitors
4 External links

[edit] Subsidiaries

As of 2005 PPR's main subsidiaries include:

Gucci which also owns the luxury brands Yves Saint Laurent, Sergio Rossi, Boucheron, Bottega Veneta, Bédat & Co, Alexander McQueen, Stella McCartney, Balenciaga)
Magasins du Printemps - Le Printemps department stores
Redcats - mail order retailer which operates La Redoute, Ellos, Empire, Brylane, Cyrillus, Vertbaudet, Somewhere, Daxon, Edmée, Celaia, La Maison de Valérie, Josefssons)
FNAC - book and CD retailer in France, Belgium, Spain, Portugal and Brazil.
Conforama - household furnishing retailer
CFAO - distributor of cars and pharmaceuticals in Africa and the DOM-TOM

[edit] Former subsidiaries

Rexel - office supplies
Guilbert - office supplies and furniture

[edit] Competitors

PPR's chief competitors in luxury goods conglomerates are LVMH and Richemont.

[edit] External links

PPR corporate website

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