Vimeo
LinkedIn
Instagram
Share |

Pinault

July 6, 2017

Rothschild boast “record year”; Espresso House acquires Balzac Coffee; and Pinault family buy into luxury fashion house.

Rothschild boast “record year”

Advising the Arnault family on its €12 billion ($13.6 billion) Christian Dior acquisition was among the headline deals that led to a 15% jump in global merger and acquisition (M&A) revenue at sixth-generation Rothschild Group.

The significant rise in global M&A revenue to €875m, helped its global advisory unit achieve record performance for the second successive year and powered the 200-year-old family business to annual revenues of €1.77 billion – an 11% increase on 2016.

October 28, 2016

Hero MotoCorp posts “best ever” quarterly sales; Gina Rinehart spends $400 million on fertiliser investment; and Kering shares hit 15-year high on Gucci success

Hero MotoCorp posts “best ever” quarterly sales

Indian motorcycle manufacturer Hero MotoCorp, owned by the Munjal family, reported a 28% increase in net profit this week in what has been called its best-ever quarterly sales.

Pawan Munjal, chairman, managing director and chief executive of Hero MotoCorp, said the record-breaking sales were a reiteration of the “overwhelming” customer preference for the company's products.

January 22, 2014

An original Apple Mac prototype was the most expensive purchase made through Christie’s online-only auctions in 2013, as the auction house invests in its Internet platform to drive sales.

An original Apple Mac prototype was the most expensive purchase made through Christie’s online-only auctions in 2013, as the auction house invests in its Internet platform to drive sales.

Christie’s, which is part of Francois-Henri Pinault’s holding company, Groupe Artemis, posted sales of £4.54 billion (€5.5 billion) for the year ended December 2013, up 16% on the previous year – the highest sales total for any auction house in the history of the art market.

July 23, 2013

Admirers of luxury brands such as Gucci and Balenciaga will soon be able to judge the art collection of the family business patriarch behind the French fashion houses.

Admirers of luxury brands such as Gucci and Balenciaga will soon be able to judge the art collection of the family business patriarch behind the French fashion houses.

Francois Pinault, founder of luxury retail holding group Kering, has announced an upcoming exhibition in Paris, where he will display 50 works from his collection, by 22 artists.

Pinault is one of the most prolific art collectors in the world.

March 27, 2013

Kering acquires crocodile skin tannery France Croco; Hutchison Whampoa posted strong results.

Kering acquires crocodile skin tannery France Croco; Hutchison Whampoa posted strong results.

Kering/France Croco
Kering – formerly PPR – announced on 25 March it has bought a majority stake in crocodile skin tannery France Croco, based in Normandy.

March 22, 2013

French fashion group PPR has changed its name to Kering, the latest move in its “profound transformation” into a group focused exclusively on the luxury, sport and lifestyle sectors.

French fashion group PPR has changed its name to Kering, the latest move in its “profound transformation” into a group focused exclusively on the luxury, sport and lifestyle sectors.

Second-gen chief executive Francois-Henri Pinault said in a statement: "The change of identity is logical and necessary culmination of the transformation. Beyond a simple change of activity, the new name reflects the new nature of the group."

February 17, 2012

French family business PPR has announced strong results this week, boosted by its luxury division, but Greece’s Coca-Cola Hellenic has seen its profit plummet by 28%. 

French family business PPR has announced strong results this week, boosted by its luxury division, but Greece’s Coca-Cola Hellenic has seen its profit plummet by 28%.

PPR, the luxury and retail group controlled by the Pinault family, said revenues jumped 11.1% in 2011 to €12.2 billion, from €11.01 billion in 2010.

February 18, 2011

Family-controlled luxury goods company, PPR, announced on 17 February that group head Francois-Henri Pinault will take direct control of the luxury business group, amid an announcement of a rise in the company’s profits.

Family-controlled luxury goods company, PPR, announced on 17 February that group head Francois-Henri Pinault will take direct control of the luxury business group, amid an announcement of a rise in the company’s profits.

The Paris-based company said in a statement that the luxury business group, which includes Gucci, Bottega Veneta and YSL, will report directly to Pinault, second-generation head of PPR, and the individual brands will continue to retain autonomy under its respective directors.

December 10, 2010

PPR, the France-based luxury goods group owned by the Pinault family, announced 9 December that it is in exclusive talks to sell its furniture and electrical equipment retailer Conforama to Steinhoff International.

PPR, the France-based luxury goods group owned by the Pinault family, announced 9 December that it is in exclusive talks to sell its furniture and electrical equipment retailer Conforama to Steinhoff International.

The deal would see South Africa-based Steinhoff pay €1.2 billion in cash for 100% of Conforama and would assume the net debt of the European company.

Click here >>
Close