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France24 (Free subscription) | 11/24/2009
The French international fashion group PPR is set to sell its consumer goods chains Fnac and Conforama to focus on its luxury brands, chief executive Francois-Henri Pinault said on Tuesday. Pinault said of his intention to sell, in an interview with the Wall Street Journal: "The sooner the better." Without setting a timetable, he said: "We want to transform the group into something...
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The Economist (Free subscription) | 11/26/2009
... firm before buying CFAO in 1990. He then bought several household names in French retailing: Conforama, a furniture chain, Au Printemps, which owns department stores, and Fnac, a books-and-records chain. In 1999 Mr Pinault moved into luxury goods with the acquisition of 42% of Gucci Group, later taking full control. ...
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Show & Talk - New York Fashion Week Blog - New York... (Free subscription) | 11/23/2009
François-Henri Pinault. PPR owner (and Salma Hayek's husband ) François-Henri Pinault is looking to sell some of his less glamorous brands to pay off debts and invest in mid-market clothing brands. Brands owned by PPR include Gucci , Yves Saint Laurent , Stella McCartney , Alexander McQueen , and Sergio Rossi. But the luxury conglomerate also owns Conforama, La Redoute, the Golf...
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The Wall Street Journal (Free subscription) | 11/23/2009
François-Henri Pinault, PPR's chief executive, plans to sell the French company's European retail divisions, including electronics retailer Fnac and the Conforama discount-furniture stores.
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Women's Wear Daily (Free subscription) | 11/26/2009
PARIS - PPR S.A. is reconfiguring its operations as it prepares to divest its retail businesses. Conforama, the French retail-to-luxury group’s home-furnishings unit, is taking...
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The Wall Street Journal (Free subscription) | 11/24/2009
... the company's European retail divisions, including the popular electronics retailer Fnac and the Conforama discount furniture stores. In an interview with The Wall Street Journal at PPR's headquarters near the Arc de Triomphe, Mr. Pinault detailed, for the first time, his plans to remake his family's company."The sooner, the better," said the lanky, sandy-haired 47-year-old, although he...
