PPR to focus on luxury brands
08/10/2012
PPR, the world's third largest luxury group, is looking to offload music and book retailer Fnac to focus on its more profitable luxury and sports brands. Fashion house Gucci, footwear brand Sergio Rossi and leathergoods specialist Bottega Veneta are among companies whose leather products are a key staple for the French conglomerate. PPR could...