PPR SA. (ENXTPA:PP) acquired 51% stake in Christopher Kane from Christopher Kane.
January 14, 2013 at 04:00 am
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PPR SA. (ENXTPA:PP) acquired 51% stake in Christopher Kane from Christopher Kane on January 14, 2013. Post acquisition, the current management team, with Christopher Kane as creative director and sister Tammy as Chief Executive will remain in place, and the brand will continue to be based in London. Venetia Hendy of Brunswick acted as the public relations advisor for PPR SA., Daniel Marks of The Communications Store and Pierre Rougier of PRC acted as public relation advisor for Christopher Kane. Leon Ferera of Jones Day acted as legal advisor to PPR SA. Hugh Devlin, Ben Simpson, Graham Webster, Emilie Pounds, Celia Davidson, Tom Perry and Peter Lamb of Withers LLP acted as legal advisor for Christopher Kane. Christophe Lambert, Vanessa Delaage of Accuracy SAS acted as financial advisor for PPR SA.
PPR SA. (ENXTPA:PP) completed the acquisition of 51% stake in Christopher Kane from Christopher Kane on January 14, 2013.
A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ginori 1735, as well as Kering Eyewear and Kering Beauté.
By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow's Luxury in a sustainable and responsible way. It captures these beliefs in its signature: Empowering Imagination.
In 2023, Kering had 48,964 employees and restated revenue of EUR 19.6 billion.
At the end of 2023, the Group had a network of 1,771 stores under its own management, located primarily in Western Europe (367), North America (316), Japan (238), and in emerging countries (698).
Net sales are distributed geographically as follows: Western Europe (27.6%), Japan (7.2%), Asia/Pacific (35%), North America (23%) and other (7.2%).