Arab Today, arab today ppr buy\s italy\s brioni menswear brand
Last Updated : GMT 05:49:56
Arab Today, arab today
Arab Today, arab today

PPR buy\'s Italy\'s Brioni menswear brand

Arab Today, arab today

Arab Today, arab today PPR buy\'s Italy\'s Brioni menswear brand

Paris - AFP

French luxury products giant PPR said on Tuesday it was acquiring Italian high-end menswear brand Brioni, in line with the restructuring of its business. PPR has \"signed an accord with Brioni shareholders to acquire 100 percent of the capital,\" it said in a statement, without giving a figure for the deal which should be completed in the first quarter of 2012. PPR head Francois-Henri Pinault said his company has high ambitions for Brioni, whose acquisition \"completes our portfolio of luxury brands ... in the mens\' ready-to-wear segment\" which is growing fast, especially in Asia. \"Brioni offers strong growth potential and PPR will allow it to speed up its development and improve its profitability, mainly by widening its product range and expanding its presence in faster growing countries,\" the statement added. PPR counts Yves Saint-Laurent, Balenciaga, Stella McCartney and Alexander McQueen in its stable of top clothing brands but up to now had not had a menswear marque to match. Brioni was founded in 1945 and has established itself as a top men\'s brand, with \'James Bond\' actors Daniel Craig and Pierce Brosnan counted among its customers. In 2010, Brioni had sales of 170 million euros ($234 million), with a workforce of 1,800.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ppr buy\s italy\s brioni menswear brand Arab Today, arab today ppr buy\s italy\s brioni menswear brand

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today ppr buy\s italy\s brioni menswear brand Arab Today, arab today ppr buy\s italy\s brioni menswear brand

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday