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Pinault

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.

June 28, 2010

Elisabetta Gucci has reportedly received a lawsuit from the luxury group founded by her great grandfather Guccio Gucci over her plans to open a global chain of hotels under her name.

Elisabetta Gucci has reportedly received a lawsuit from the luxury group founded by her great grandfather Guccio Gucci over her plans to launch a hotel chain in her name.

The Bloomberg news service is reporting that Gucci Group, owned by the Pinault family-controlled PPR Group since 2004, has filed a lawsuit in Italy against Elisabetta and her partners in order to protect its rights.

June 10, 2010

Francois-Henri Pinault, the second-generation chairman and CEO of the family-owned luxury group PPR, last night awarded three fellowship grants to social entrepreneurs through the company’s Foundation for Women’s Dignity and Rights.

Francois-Henri Pinault, the second-generation chairman and CEO of the family-owned luxury group PPR, last night awarded three fellowship grants to social entrepreneurs through the company's Foundation for Women's Dignity and Rights.

February 12, 2010

Francois-Henri Pinault yesterday paid tribute to Alexander McQueen, the British fashion designer found dead at his home. He was 40.

Francois-Henri Pinault yesterday paid tribute to Alexander McQueen, the British fashion designer found dead at his home. He was 40.

Pinault, the second-generation chairman and CEO of the luxury retail group PPR that owns the Alexander McQueen brand, said: "Alexander McQueen was one of the greatest designers of his generation. His genius, sometimes proactive, but admired and commended by everyone, constantly brought new perspectives."

October 29, 2009

As we approach the halfway point of the search to find www.campdenFB.com's Family Business Leader of the Year 2009, Ronald and Leonard Lauder have taken a decisive lead in the poll, writes Marc Smith

As we approach the halfway point of the search to find 2009's Family Business Leader of the Year, Ronald and Leonard Lauder have taken a decisive lead in the poll. The two sons of beauty queen Estee have impressed voters with the way they handled a succession process that saw a non-family CEO installed but the family retain ownership.

October 7, 2009

The PPR Group, owned by the France-based Pinault family, announced today the latest in a series of moves intended to refocus the group on the luxury consumer goods industry.

The PPR Group, owned by the France-based Pinault family, announced today the latest in a series of moves intended to refocus the group on the luxury consumer goods industry.

October 1, 2009

This year has seen a series of shocks and surprises rock the family business world; two famous retail names – 77-year-old US-based Bashas’ and 128-year-old Germany-based Arcandor filed for insolvency – while the former chairman of Samsung was convicted of a family succession scam and the Middle East was shaken by the governance problems of the Saad Group and AHAB.

This year has seen a series of shocks and surprises rock the family business world; two famous retail names – 77-year-old US-based Bashas' and 128-year-old Germany-based Arcandor filed for insolvency – while the former chairman of Samsung was convicted of a family succession scam and the Middle East was shaken by the governance problems of the Saad Group and AHAB.

March 26, 2009

François-Henri Pinault, chairman and CEO of family-owned luxury group PPR, has revealed that “today’s global crisis” will not halt his personal crusade to make luxury sustainable.

François-Henri Pinault, chairman and CEO of family-owned luxury group PPR, has revealed that "today's global crisis" will not halt his personal crusade to make luxury sustainable. In a speech at a conference in New Delhi, the son of PPR's founder François Pinault, said sustainable luxury formed part of the sector's identity and responsibility.

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