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PPR (company)

 
PPR (company)

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PPR (company)



 
 
PPR is a French
France

France , officially the French Republic , is a country whose Metropolitan France is located in Western Europe and that also comprises various Overseas departments and territories of France....
 multinational holding company
Holding company

A holding company is a company that owns other companies' outstanding stock stock. It usually refers to a company which does not produce goods or services itself, rather its only purpose is owning shares of other companies....
 specializing in retail shops and luxury brands. The company was founded in 1963 by the billionaire businessman François Pinault
François Pinault

Fran?ois Pinault is a billionaire French businessman who runs the retail company PPR . He is a friend of former French President Jacques Chirac....
 and is now run by his son François-Henri Pinault
François-Henri Pinault

Fran?ois-Henri Pinault is a French businessman and the chief executive officer of PPR . He is the son of the company's owner, billionaire Fran?ois Pinault....
. It is quoted on Euronext Paris
Euronext

Euronext Naamloze Vennootschap is a pan-European stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands, Luxembourg, Portugal and the United Kingdom....
 and is a constituent of the CAC 40
CAC 40

The CAC 40 , which takes its name from the Paris Bourse's early automation system Cotation Assist?e en Continu , is a benchmark France stock market index....
 index. It was originally called Pinault-Printemps-Redoute, but changed its name on 18 May 2005 to simply PPR. On June 20, 2006, PPR announced that it had entered into exclusive negotiations pertaining to the sale of France Printemps after receiving a joint offer from RREEF and Borletti Group for €1.075 billion.








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Encyclopedia


PPR is a French
France

France , officially the French Republic , is a country whose Metropolitan France is located in Western Europe and that also comprises various Overseas departments and territories of France....
 multinational holding company
Holding company

A holding company is a company that owns other companies' outstanding stock stock. It usually refers to a company which does not produce goods or services itself, rather its only purpose is owning shares of other companies....
 specializing in retail shops and luxury brands. The company was founded in 1963 by the billionaire businessman François Pinault
François Pinault

Fran?ois Pinault is a billionaire French businessman who runs the retail company PPR . He is a friend of former French President Jacques Chirac....
 and is now run by his son François-Henri Pinault
François-Henri Pinault

Fran?ois-Henri Pinault is a French businessman and the chief executive officer of PPR . He is the son of the company's owner, billionaire Fran?ois Pinault....
. It is quoted on Euronext Paris
Euronext

Euronext Naamloze Vennootschap is a pan-European stock exchange based in Paris and with subsidiaries in Belgium, France, Netherlands, Luxembourg, Portugal and the United Kingdom....
 and is a constituent of the CAC 40
CAC 40

The CAC 40 , which takes its name from the Paris Bourse's early automation system Cotation Assist?e en Continu , is a benchmark France stock market index....
 index. It was originally called Pinault-Printemps-Redoute, but changed its name on 18 May 2005 to simply PPR. On June 20, 2006, PPR announced that it had entered into exclusive negotiations pertaining to the sale of France Printemps after receiving a joint offer from RREEF and Borletti Group for €1.075 billion.

Financial data

Financial Data in euro millions
Year 2002 2003 2004 2005 2006
Sales
Sales

A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity....
24 360 27 354 24 213 17 766 17 931
Ebitda
EBITDA

Earnings before interest, taxes, depreciation and amortization is a non-Generally Accepted Accounting Principles metric that can be used to evaluate a company's profitability.Its name comes from the fact that Operating Expenses do not include interest, taxes, or amortization....
2 282 1 753 1 939 1 478 1 540
Net Result share of the group 1 589 644 940 535 680
Net Debt 3 304 5 032 4 561 4 584 3 461
Source :''

Subsidiaries

As of 2008 PPR's main subsidiaries include:
  • Gucci
    Gucci

    The House of Gucci, better known simply as Gucci, is an iconic Italy fashion design and leather goods label. It was founded by Guccio Gucci in Florence in 1921....
     which also owns the luxury brands Yves Saint Laurent, Sergio Rossi
    Sergio Rossi

    Sergio Rossi is a leading Italian fashion designer and distributor of women's shoes and handbags, as well as a limited range of men's shoes. The Sergio Rossi label is owned by the French conglomerate PPR ....
    , Boucheron
    Boucheron

    Boucheron is a France jewellery house....
    , Bottega Veneta
    Bottega Veneta

    Bottega Veneta is a manufacturer of luxury leather goods, most famous for its Intrecciato line of woven leather. The company is based in Vicenza, in the Veneto region of northeast Italy....
    , Bédat & Co, Alexander McQueen
    Alexander McQueen

    Alexander McQueen Order of the British Empire is an English fashion designer....
    , Stella McCartney
    Stella McCartney

    Stella Nina McCartney is an England fashion designer. She is the daughter of former The Beatles Sir Paul McCartney and his first wife, deceased rock photographer and animal rights activist Linda McCartney....
    , Balenciaga
    Balenciaga

    Balenciaga is a fashion house founded by Crist?bal Balenciaga, a Spanish fashion design, born in the Basque Country . He had a reputation as a couturier of uncompromising standards and was referred to as "the master of us all" by Christian Dior....
  • Redcats - mail order retailer which operates La Redoute, Ellos, Empire, Redcats USA, Cyrillus, Vertbaudet, Somewhere, Daxon, Edmée, Celaia, La Maison de Valérie, Josefssons
  • RedcatsUSA - mail order and store retailer which operates La Redoute, Jessica London, Brylane Home, Woman Within, OneStopPlus.com, Roaman's, Kingsize Direct, The Sportsmans'Guide, The Golf Warehouse, Bargain Catalog Outlet, Avenue
    Avenue

    Avenue may refer to:* Avenue , a straight road with a line of trees or large shrubs running along each side* Avenue , a specialist term in archaeology referring to lines of stones...
  • fnac
    Fnac

    Fnac is a international entertainment retail chain offering culture and consumer electronics products originally founded by Andr? Essel and Max Th?ret....
     - book and CD retailer in France
    France

    France , officially the French Republic , is a country whose Metropolitan France is located in Western Europe and that also comprises various Overseas departments and territories of France....
    , Switzerland
    Switzerland

    Switzerland is a landlocked Swiss Alps country of roughly 7.7 million people in Western Europe with an area of 41,285 km?. Switzerland is a federal republic consisting of 26 states called Cantons of Switzerland....
    , Belgium
    Belgium

    * A small German-speaking Community of Belgium exists in eastern Wallonia. Belgium's linguistic diversity and related political and cultural conflicts are reflected in the history of Belgium and a complex Communities and regions of Belgium....
    , Greece
    Greece

    Greece , officially the Hellenic Republic , is a country in southeastern Europe, situated on the southern end of the Balkans. It has borders with Albania, Bulgaria and the former Yugoslav Republic of Macedonia to the north, and Turkey to the east....
    , Spain
    Spain

    Spain or the Kingdom of Spain , is a country located in Southern Europe on the Iberian Peninsula.The Spanish constitution does not establish any official denomination of the country, even though Espa?a , Estado espa?ol and Naci?n espa?ola are used interchangeably....
    , Portugal
    Portugal

    Portugal , officially the Portuguese Republic , is a country on the Iberian Peninsula. Located in southwestern Europe, Portugal is the westernmost country of mainland Europe and is bordered by the Atlantic Ocean to the west and south and by Spain to the north and east....
    , Italy
    Italy

    Italy , officially the Italian Republic , is a country located on the Italian Peninsula in Southern Europe and on the two largest islands in the Mediterranean Sea, Sicily and Sardinia....
     and Brazil
    Brazil

    Brazil , officially the Federative Republic of Brazil , is a country in South America. It is the List of countries and outlying territories by total area country by geographical area, occupying nearly half of South America, the List of countries by population country, and the fourth most populous democracy in the world....
    .
  • Conforama - household furnishing retailer
  • CFAO - distributor of cars and pharmaceuticals in Africa
    Africa

    Africa is the world's second-largest and second most-populous continent, after Asia. At about 30.2 million km? including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area....
     and the DOM-TOM
  • Puma
    PUMA AG

    Puma AG Rudolf Dassler Sport is a large German multinational company that produces high-end athletic shoes and other clothing.The company is perhaps best known for its association football shoes and has sponsored footballers, including Pel?, Eus?bio, Johan Cruijff, Enzo Francescoli, Diego Maradona, Lothar Matth?us, Kenny Dalglish, Didier...
     has about 62% of its stock owned by the PPR group.


Former subsidiaries

  • Rexel
    Rexel

    Rexel is a France company specializing in the distribution of electrical parts and supplies. It includes the Divisions of Page Data, Rexel Video, Ideal Electrical and John R Turk....
     - electrical supplies
  • Guilbert - office supplies and furniture
  • Printemps
    Printemps

    Printemps is a France department store .The flagship Printemps store is located on Boulevard Haussmann in the IXe arrondissement of Paris along with other famous department stores like Galeries Lafayette....
     - department stores chain
  • Pinault
  • Kadeos


Competitors

PPR's chief competitors in luxury goods conglomerates are LVMH
LVMH

LVMH Mo?t Hennessy ? Louis Vuitton S.A. , usually shortened to LVMH, is a France holding company and one of the world's largest luxury goods conglomerates....
 and Richemont
Richemont

Compagnie Financi?re Richemont SA is a Switzerland luxury goods company that was founded in 1988 by the late South African billionaire businessman, Anton Rupert....
.

External links