PPR (company)
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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.
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)
- FNAC - book and CD retailer in France, Belgium, Spain and Portugal
- Conforama - household furnishing retailer
- CFAO - distributor of cars and pharmaceuticals in Africa and the DOM-TOM
Former subsidiaries
- Rexel - office supplies
Competitors
PPR's chief competitors in luxury goods conglomerates are LVMH and Richemont.External links
| CAC 40 companies of France | |
|---|---|
|
Accor |
AGF |
Air Liquide |
Alcatel |
Arcelor |
AXA |
BNP Paribas |
Bouygues |
Capgemini |
Carrefour |
Crédit Agricole |
Dexia |
EADS |
EDF |
Essilor |
France Télécom |
Gaz de France |
Groupe Danone |
L'Oréal |
Lafarge |
Lagardère |
LVMH |
Michelin |
Pernod Ricard |
PSA Peugeot Citroën |
PPR |
Publicis |
Renault |
Saint-Gobain |
Sanofi-Aventis |
Schneider Electric |
Société Générale |
STMicroelectronics |
SUEZ |
Thales Group |
Thomson |
Total |
VINCI |
Veolia Environnement |
Vivendi
| |
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