PPR news and archive

PPR Q3 revenues up 6.6 percent

PPR posted third-quarter 2012 revenue of 2.6 billion euros (3.3 billion dollar/Rs 17,671 crores), up 6.6 percent versus the same 2011 period on a comparable basis, and advanced in all geographic areas. This solid performance reflected further sustained growth in all luxury brands. The luxury division posted an 11.9 percent leap in revenue in the...

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...

Apparel

PPR Group’s H1 revenues grow by 16.7 percent

PPR Group announced a revenue increase of 16.7 percent to 6,387 million euros (7.84 billion dollars/Rs 43,468 crores) in the first-half 2012 as compared to same period last year. It reported a growth of 8.2 per cent on a comparable group structure and exchange rate basis. On a comparable basis, PPR’s consolidated revenue rose 7.9 per cent in the...

Apparel

PPR posted € 3.3 billion revenue in Q1

In the first quarter of 2012, PPR posted €3.3 billion (US$4.3 billion or Rs 22,592 crores) in revenue from continuing operations, up 7.9% on a comparable basis and 15.4% on a reported basis versus first quarter 2011. The result was powered by the fast-paced growth of the group's businesses in emerging countries which now represent around 37% of...

Apparel

PPR posted €3.3 billion revenue in Q1

In the first quarter of 2012, PPR posted €3.3 billion in revenue from continuing operations, up 7.9% on a comparable basis and 15.4% on a reported basis versus first quarter 2011. The result was powered by the fast-paced growth of the group's businesses in emerging countries which now represent around 37% of revenue for the luxury and sport and...