QUOTE AND NEWS
The Economist  Nov 26  Comment 
The family firm that owns Gucci is shedding assets to focus on fashion LEOPARD-SKIN print is in style this winter, but PPR, the French conglomerate that owns Gucci Group, a luxury-goods firm, has decided to sell its African division. Next week...
Reuters  Nov 24  Comment 
French retail and luxury group PPR wants to sell its European retail divisions "the sooner, the better," the Wall Street Journal quoted the group's chief executive as saying in its Tuesday edition.
Wall Street Journal  Nov 23  Comment 
François-Henri Pinault, PPR's chief executive, is stripping the company of its once-core French retail business in order to focus entirely on global consumer and luxury brands.
LOLFed  Nov 23  Comment 
I'm tired of beating the dead horse that is Treasury, so here's some billboard vandalism for you. Our leggings-clad senior retail analyst LoLo has been out on the beat and found this; there are reports that François-Henri Pinault and PPR are...
Reuters  Nov 23  Comment 
is set to raise up to $1.5 billion by listing its Africa-focused distribution unit CFAO in Paris next week, raising the profile of a company little known by international investors.
Financial Times  Nov 22  Comment 
The French retail conglomerate plans to generate 70% of group sales through disposals and will focus on its clothing and accessories brands
Wall Street Journal  Nov 18  Comment 
PPR is studying ways to exit its retail and distribution businesses, which account for more than half of sales. It also announced details of a €1 billion IPO of African distribution unit CFAO.
Wall Street Journal  Nov 17  Comment 
PPR is studying ways to exit its retail and distribution businesses, which account for more than half of sales. It also announced details of a €1 billion IPO of African distribution unit CFAO.
Bloomberg  Nov 17  Comment 
(Update1) PPR SA, the French owner of Gucci Group, said it will start selling shares today in its African unit CFAO to raise as much as 1 billion euros.
New Straits Times  Nov 12  Comment 
SHAH ALAM: The Selangor government is studying a proposal to establish a community service programme in People's Housing Projects (PPR) in the state to help residents with rental arrears, the state assembly was told today.
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