PPR Invests $13 Million in a Cash For Equity Deal With Samwer’s Rocket Internet
byRocket Internet, an e-commerce startup run by the Samwer Brothers in Germany, is receiving a€10 million investment from PPR, the luxury and lifestyle group….
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PPR Creates New Online Platform in Partnership with Yoox
byPPR, the luxury conglomerate has entered into a partnership with luxury e-commerce site Yoox.com, to launch a new online platform. PPR owns luxury brands…
PPR confident of Sustaining the Growth Momentum through 2012
byPPR SA had a good year in 2011 and is confident of continuing the trend in 2012. Despite the uncertain economic climate the management…
Gucci Opens a Museum in Florence to Showcase its Rich History of 90 Years
byGucci, the global luxury brand is 90 years old now which was started as a family leather goods business in Florence by Guccio Gucci….
Wealthy Buyers Spur Sales In The US Luxury Sector Once Again
byThe American economy may still be struggling, but things are looking up in the luxury sector. Luxury goods have begun to fly off the…
PPR Acquires Control of Swiss Luxury Watch Group Sowind
byThe French retailer and luxury goods giant PPR had opted out of the luxury watch segment five years ago when they had sold Bedat…
Luxury Investments: Key mergers and acquisitions
byAny industry growing at a fast pace triggers a spate of acquisitions and mergers. The growth opportunities open up possibilities and an acquisition not…
China Overtakes Japan to Become the Second Largest Market for Luxury Goods
byThe luxury goods market is back on track. China, of course was steaming ahead at a fast pace but the 2010 results show that…
PPR to Acquire Volcoma Sports Clothing Company in a $607 Million Deal
byPPR, the French retailer and luxury goods giant is still in the process of reorganizing its portfolio of brands. Their focus is on sports…
PPR Announces Better Results for the First Quarter than Expected by the Luxury Market
byThe luxury brands and fashion houses are coming out with the first quarter results with healthy bottom-line. PPR, the French luxury retailer recently came…
Luxury can be Sustainable, Chanel, PPR, Giorgio Armani take Serious Initiatives
byThe big guns from the fashion, lifestyle and luxury sectors have started taking the environment seriously and they seem genuinely concerned about the longevity…
PPR Takes Important Steps to Adapt Sustainable Practices for Business
byThe luxury brands are slowly changing the way they do business and have become conscious about minimizing the environmental impact by adapting sustainable practices….