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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."

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.

June 2, 2008

François Pinault and his son François-Henri have spoken of their “great emotion” on learning of the death of fashion guru Yves Saint Laurent.

François Pinault and his son François-Henri (pictured) have spoken of their "great emotion" on learning of the death of fashion guru Yves Saint Laurent yesterday. He was 71.

The Pinaults, billionaire family owners of France-based PPR Group, which acquired the YSL fashion house and brand in 1999, said that with his death "French fashion and indeed the world lose a genius."

January 23, 2008

A €1.1 billion offer from cosmetics giant L'Oréal to acquire Yves Saint Laurent Beauté, owned by fellow family-owned firm PPR, has been agreed.

A €1.1 billion offer from cosmetics giant L'Oréal to acquire Yves Saint Laurent Beauté, owned by fellow family-owned firm PPR, has been agreed.

The luxury goods retailer will retain control of the YSL and Boucheron brands but their perfumes and cosmetics will be made by L'Oréal. L'Oréal will also have responsibility for the same branches of the Stella McCartney, Oscar de la Renta and Ermenegildo Zegna brands.

September 1, 2007

Before the recent credit crunch, M&A activity was booming throughout the world. Families in Business compares and contrasts the Asian, European and US markets to ascertain what the impact has been on deals involving family businesses

Reports compiled by Rob Davies in Asia, Reg Crowder in Europe and Michael Fischer in the US.

Before the recent credit crunch, M&A activity was booming throughout the world. Families in Business compares and contrasts the Asian, European and US markets to ascertain what the impact has been on deals involving family businesses

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