PPR on watch for luxury ‘reinforcements’ (FT) “PPR is considering using cash generated by the sale of its retail assets for more luxury ‘reinforcements’, says chief executive François-Henri Pinault. ‘We have been talking about investing in a new luxury name’ says Mr Pinault. If PPR were to launch a new house, it would mark the first start-up by a major group since, in its earlier incarnation as Gucci,
Always in Fashion (NY Times) “Of course, Ms. Coddington’s frankness and profanity, as well as her differences from her boss, are precisely what first endeared her to a mass audience three years ago, when she emerged as the unexpected breakout star of R. J. Cutler’s documentary about Vogue, ‘The September Issue.’” PPR CEO upbeat on luxury goods market (USA Today) “As chairman and CEO of luxury empire
Uniqlo.com to the Rescue of Middle America (Business Week) “Uniqlo, the Japanese clothes giant, launched an online shopping site in the U.S. this week. This may not seem like important news to many, but to a certain American consumer—think very well-dressed, without much money, and living between the coasts—it is like a food drop from a Marshall Plan plane in 1940s Berlin.” Coach bags an earnings rebound (FT)
BoF Exclusive | François-Henri Pinault, Chairman and Chief Executive Officer, PPR (CEO Talk) “On the day of the official announcement of a major joint-venture between PPR and YOOX Group, BoF’s Imran Amed speaks to PPR chief executive officer François-Henri Pinault for a global exclusive interview on how the new partnership fits into Mr Pinault’s digital vision for PPR.” Etienne Russo, Fashion Show Producer (The Creative
On the day of the official announcement of a major joint-venture between PPR and YOOX Group, BoF’s Imran Amed speaks to PPR chief executive officer François-Henri Pinault for a global exclusive interview on how the new partnership fits into Mr Pinault’s digital vision for PPR.
Prada frets about tourist stayaways (Reuters) “First-quarter profit doubled at the Milan-based maker of colored Miu Miu dresses, outpacing revenue growth, but the company is not immune from concerns about the euro zone, a sluggish U.S. recovery and a possible slowdown in Asia.” Lululemon CEO Eyes Holidays After Sales Miss (Bloomberg) “Chief Executive Officer Christine Day was unapologetic after projections for