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Wall Street Journal
Oct 7
Comment
The French retailer and luxury-goods company moved to pare down its wide range of businesses, saying it plans to spin off its high-growth African retailer CFAO in an IPO by the end of the year.
newratings.com
Aug 3
Comment
LONDON, August 3 (newratings.com) - Analysts at Deutsche Bank upgrade PPR SA (ticker: PPX) from "hold" to "buy." The target price has been raised from €65 to €85. [more]
Bloomberg
Jul 31
Comment
Gucci Group, criticized by fashion
journalists last year for risking its main brand’s cachet, made
“less ostentatious” handbags as shoppers demanded tamer styles
in the recession, Chief Executive Officer Robert Polet said.
Wall Street Journal
Jul 31
Comment
The French luxury-to-retail company said net profit fell 76% from a year earlier, when an asset sale boosted results, but revenue declined less than expected.
Bloomberg
May 7
Comment
Guess? Inc. was sued by Gucci Group’s
U.S. unit for trademark infringement over allegations the Los
Angeles-based apparel company uses a network of wholesale buyers
to sell imitations of Gucci’s best-selling designs.
Bloomberg
May 6
Comment
(Update2) Gucci Group’s U.S. unit sued Los
Angeles-based Guess? Inc. for trademark infringement, accusing
the apparel company of using a network of wholesale buyers to
sell imitations of Gucci’s best-selling designs.
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