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Pinault

October 7, 2009

The PPR Group, owned by the France-based Pinault family, announced today the latest in a series of moves intended to refocus the group on the luxury consumer goods industry.

Campden FB Family Business Leader of the Year 2009

October 1, 2009

This year has seen a series of shocks and surprises rock the family business world; two famous retail names – 77-year-old US-based Bashas’ and 128-year-old Germany-based Arcandor filed for insolvency – while the former chairman of Samsung was convicted of a family succession scam and the Middle East was shaken by the governance problems of the Saad Group and AHAB.

This year has seen a series of shocks and surprises rock the family business world; two famous retail names – 77-year-old US-based Bashas' and 128-year-old Germany-based Arcandor filed for insolvency – while the former chairman of Samsung was convicted of a family succession scam and the Middle East was shaken by the governance problems of the Saad Group and AHAB.

Pinault: “sustainable luxury is a matter of deep conviction”

March 26, 2009

François-Henri Pinault, chairman and CEO of family-owned luxury group PPR, has revealed that “today’s global crisis” will not halt his personal crusade to make luxury sustainable.

François-Henri Pinault, chairman and CEO of family-owned luxury group PPR, has revealed that "today's global crisis" will not halt his personal crusade to make luxury sustainable. In a speech at a conference in New Delhi, the son of PPR's founder François Pinault, said sustainable luxury formed part of the sector's identity and responsibility.

Pinaults: PPR “forever indebted” to Yves Saint Laurent

June 2, 2008

François Pinault and his son François-Henri have spoken of their “great emotion” on learning of the death of fashion guru Yves Saint Laurent.

François Pinault and his son François-Henri (pictured) have spoken of their "great emotion" on learning of the death of fashion guru Yves Saint Laurent yesterday. He was 71.

The Pinaults, billionaire family owners of France-based PPR Group, which acquired the YSL fashion house and brand in 1999, said that with his death "French fashion and indeed the world lose a genius."

L’Oréal and PPR in acquisition agreement

January 23, 2008

A €1.1 billion offer from cosmetics giant L'Oréal to acquire Yves Saint Laurent Beauté, owned by fellow family-owned firm PPR, has been agreed.

The luxury goods retailer will retain control of the YSL and Boucheron brands but their perfumes and cosmetics will be made by L'Oréal. L'Oréal will also have responsibility for the same branches of the Stella McCartney, Oscar de la Renta and Ermenegildo Zegna brands.

M&A: Global M&A activity - an overview

September 1, 2007

Before the recent credit crunch, M&A activity was booming throughout the world. Families in Business compares and contrasts the Asian, European and US markets to ascertain what the impact has been on deals involving family businesses

Reports compiled by Rob Davies in Asia, Reg Crowder in Europe and Michael Fischer in the US.