Content about PPR

January 15, 2013

French luxury group PPR’s announcement that it has acquired 51% of British fashion brand Christopher Kane means that the luxury designer will soon have branded boutiques.

Paris -- French luxury group PPR’s Tuesday announcement that it has acquired 51% of British fashion brand Christopher Kane means that the luxury designer will soon have branded boutiques. The first is slated to open in London as early as 2014.

According to a report by Reuters, the deal is part of PPR's strategy to add to its luxury portfolio with small brands that have growth potential.

"We think it can become a sizeable business," Alexis Babeau, managing director of PPR's luxury division, told Reuters on Tuesday.

March 8, 2011

Dick's Sporting Goods said Tuesday its net income increased 30% in the fourth quarter on improving revenue.

Pittsburgh -- Dick's Sporting Goods said Tuesday its net income increased 30% in the fourth quarter on improving revenue.

The sporting goods retailer reported net income of $87.5 million in the quarter ended Jan. 29, from $67.4 million last year.

February 26, 2008

Wet Seal Inc. said Tuesday its COO has resigned to become chief executive of a...