Kering takes a minority stake in Altuzarra fashion brand. Luxury goods giant Kering (formerly PPR) became a minority shareholder of the New York-based Altuzarra fashion brand, looking to establish its stronghold among the next generation of fashion designers. After the acquisition of the London fashion label Christopher Kane in January, Joseph Altuzarra’s namesake label is … Read more
Kering (PPR group) is extending and reinforcing its portfolio of luxury brands in the high growth jewellery market with the acquisition of a majority stake in the Italian Pomellato group. Pomellato, whose 2012 revenues reached €146 million, is one of Europe’s major jewellery groups,with a strong international position. The company’s success is based on the … Read more
Luxury group PPR changes name to Kering. The new identity is the outcome of the transformation of PPR’s business, begun several years ago. No longer a diverse conglomerate, Kering “is a cohesive, integrated and international Group”. A new name for a new identity, says the conglomerate of luxury brands. Kering can be pronounced and understood … Read more
PPR Group, Prada and Swarovski is said to be among groups interested in Pomellato, a premium jeweler known for use of the highest quality coloured gemstones in a broad spectrum of hues. Pomellato has received expressions of interest from at least four luxury- goods makers, according to Bloomberg. While no final decision has been made, … Read more
The PPR Group and Christopher Kane enter into a partnership The Scottish young designer, Christopher Kane has seen French luxury group PPR (owner of Balenciaga, Alexander McQueen, Stella McCartney, Saint Laurent and Italian brand Gucci) invest in his label. PPR acquires 51% of the luxury designer brand. PPR will enable the Christopher Kane brand to … Read more
PPR acquires a majority stake in the Chinese fine jewellery brand Qeelin PPR group is increasing its portfolio of luxury brands in the jewellery segment and its presence on the Chinese market by acquiring a majority stake in the Chinese fine jewellery brand Qeelin. The transaction should be finalized in January 2013. Launched in 2004, … Read more