Monday, July 9, 2012
PPR’s luxury branch looks to strengthen its position in China
The Hong Kong Economic Times has quoted François-Henri Pinault as saying that PPR is in negotiations to buy a Chinese luxury company. He declined however to give the name of the company in question and hinted that negotiations could come to a close by the end of the year. François-Henri PinaultThe way in which the news was announced is just as interesting as the news itself. The French group invited six Chinese journalists, including three from Hong Kong, to the most recent Milan fashion
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