Word: pinault
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Dates: during 2000-2009
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...side of the room, ensconced on a banquette with some Parisian notables, was François-Henri Pinault, the affable CEO of PPR (formerly Pinault-Printemps Redoute), which owns Bottega Veneta and other high-end brands such as Gucci. At the center table, surrounded by furniture dealers and a smattering of old friends, sat Tomas Maier, 49, the German-born creative director of Bottega Veneta and the designer largely responsible for ushering in a profitable countertrend of subtlety and refinement to the overblown, logo-besotted luxury market. The mood he had created for the dinner jibed seamlessly with the mood...
...working. According to François-Henri Pinault, CEO of Balenciaga owner PPR, Ghesquière has delivered higher figures than originally expected. "Balenciaga is an even more international brand than we thought," he said before the Stella McCartney show last Thursday. "He has a very strong image, but he is always challenging it. He is a searcher...
François-Henri Pinault Jr. LUXURY TYCOON...
French executive François-Henri Pinault is following in the footsteps of his tycoon papa François. This month Pinault Jr., 42, was appointed chairman of the $22 billion luxury-goods and retail empire PPR, founded by Pinault Sr. in 1963. He takes over from Serge Weinberg, who led PPR's diversification into luxury goods with the purchase of the Gucci group in 2001. Though Pinault is the scion of France's third wealthiest family--which owns a 42% controlling interest in PPR--he has also headed several PPR units. Instead of the nickname Daddy's Boy, he has earned...
Is Serge Weinberg a genius or a madman? That question is riveting the gossipy fashion industry and investors in Pinault-Printemps-Redoute (PPR), the $20 billion French company that Weinberg has been transforming over the past decade into a European retail and luxury-goods powerhouse. Three years ago, the CEO won a fierce battle to acquire iconic fashion group Gucci for $9 billion. Then, earlier this year, he allowed Gucci's creative director, Tom Ford, and its chief executive, Domenico De Sole, to walk out the door after the collapse of talks to renew their contracts. Weinberg tapped Robert Polet...