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PPR news and archive

Apparel

Christopher Kane to open first store

London Fashion Week designer Christopher Kane is set to open his brand’s first store on London’s Mount Street next year. The designer, who received investment from Kering (formerly PPR) earlier this year, will join other luxury British brands including Alexander McQueen and Stella McCartney, as well as Roksanda Ilincic who is also opening her...

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Apparel

Kering brands launch new online stores

French luxury group Kering in association with Yoox have launched new online stores for some its leading portfolio brands. Fashion houses Stella McCartney, Alexander McQueen and Saint Laurent join accessories houses Sergio Rossi and Bottega Veneta with new online stores. While each brand remains in full creative control of its online store, the...

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Apparel

Gucci to revamp Japan stores

Kering, formerly known as luxury group PPR, is to revamp over 60 of its Gucci stores in Japan. The conglomerate is anticipating a recovery of the luxury goods market in Japan, with consumer confidence restored. Kering sees the boost investment in Japan as part of its international expansion plan. On June 18th PPR's name will be officially...

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Apparel

Sergio Rossi creative director departs

Italian luxury footwear brand Sergio Rossi has announced that Francesco Russo is leaving the company after four years of being the brand’s creative director. The short statement confirmed that it was a ‘joint decision to end their working relationship’ and that Russo wished to ‘pursue other professional interests’. The label also added that...

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Apparel

PPR to sell childrensw​ear brands

French luxury conglomerate PPR is expected to sell its Cyrillus and Vertbaudet childrenswear brands to Alpha Private Equity Fund. The sale is likely to net the company 119 million euros as the company re-focuses its brand portfolio with high-end fashion and sports brands. PPR, also the parent company of Gucci, Stella McCartney and Alexander...

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Apparel

PPR exec remains upbeat on luxury growth

PPR chief executive François-Henri Pinault commented after the purchase of Qeelin that his company is to “reinforce” PPR’s portfolio of luxury brands and to expand further its share of the market – particularly in China. The Group, which also operates Gucci, Bottega Veneta and Stella McCartney, does not see the 'slowdown' in China as a reason...

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Fashion

Stella McCartney profits from not using leather

Faux snakeskin, leatherette, plexiglass: hardly the fabrics you associate with a luxury label, however at Stella McCartney they are the backbone of her accessories business, which does not use animal skins (read leather) or fur. According to the McCartney's CEO, Frederick Lukoff, her social ethics have paid off dividends, as accessories now...

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Apparel

Is PPR set to invest in Christopher Kane?

It has been a busy month for Christopher Kane, first there were the rumours regarding whether or not he would succeed Nicolas Ghesquière at Balenciaga, then the news was announced that he was leaving his role at Versus, and now reports suggest that luxury conglomerate PPR is looking to invest in the British designer. According to WWD, PPR has...

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Fashion

PPR and Yoox collaborate for online venture

French luxury group PPR has confirmed a joint-venture with online Italian fashion retailer Yoox dedicated to managing mono-brand online stores for several of PPR luxury brands. The new joint-venture company will be incorporated in Italy and is 51 percent owned by PPR and 49 percent by Yoox and will operate worldwide. The first of the...

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Apparel

Yoox in talks to manage online operations for PPR brands

French luxury group PPR has announced that it has signed a non-binding memorandum of understand (MoU) with online Italian fashion retailer Yoox as it looks to set up an e-commerce venture. The aim of the MoU is to set up defining guideline for the joint management of the e-commerce operations of some of PPR’s luxury brands. At present, the MoU...

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Fashion

PPR acquires Italian tailor Brioni

Luxury and retail group, PPR has announced that it has acquired Italian fashion brand, Brioni for an undisclosed price in a move to strengthen its position in the high-end menswear market. PPR has confirmed that they have reached an agreement Read more...

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Fashion

Luxury and sportswear fuel PPR profits

PPR, the French luxury house behind Stella McCartney, Alexander McQueen and Gucci, saw revenues rise 7% in the third quarter with sales in luxury and sportswear driving the growth. In the three months to September 30 Read more...

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