Corporate
PPR was established by Mr. F. Pinault in 1963 to deal in timber and building materials. In 1991 the company entered the retail business with the acquisition of Conforama. The Pinault-Pintemps Group was formed in 1992 with the takeover of Au Pintemps SA followed by the merger of La Redoute in 1994 when the group was renamed Pinault-Pintemps- Redoute. Thereafter PPR grew considerably and by the mid 1990s it had already begun to give shape to a future in high-end retail as its successful track record began to rub off on the new venture. In 1999 PPR acquired the renowned brand Gucci and gradually began consolidating its position in the growth and development of a multi-brand luxury goods retail business. PPR is a Fortune 500 company.Activities
PPR’s main businesses are in the area of luxury goods and high-end retail.The retail segment of PPR is a market leader in:
- Fashion
- Accessories
- Beauty care
- Electronic goods
- Household appliances
- Furnishings
- Cultural products
- Gucci Group
- Bottega Veneta
- Yves Saint Laurant
- YSL Beaute
- Balenciaga
- Boucheron
- Alexander McQueen
- Stella McCartney
- Sergio Rossi
- Bedat & Co
Performance
In fiscal 2006 PPR earned revenues of € 17,930.9 million which was 5.9 % more than what it was in the fiscal before.The total value of the assets held by PPR in fiscal 2006 was €
Value of assets over the last 3 years (In million €)
PPR’s net income in fiscal 2006 was € 840.7 million which was 65.88 % more than what it was in the fiscal before. Net Income over the last 3fiscals (In million €)
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Fashion
As a company dealing in luxury goods and the most prestigious fashion brands globally, PPR invests substantially in nurturing a large pool of the best fashion designers of the world. The company has the best fashion design and development infrastructure that is responsible for its leading position in the market.Organization
PPR is headed by Mr. F. H. Pinault who is the Chairman and CEO of the company PPR employs over 78,000 people worldwidePPR’s corporate office is located at:
10, Avenue Hoche75381 Paris cedex 08
Tel: +33 (0)1 45 64 61 00
Web Site: www.ppr.com