PPR joins luxury sector rivals on China gold rush trail

Posted December 11, 2012 by TheLAfashion in DailyNews

PPR joins luxury sector rivals on China gold rush trail (via AFP)

PPR, the French retailer that has snapped up Hong Kong jeweller Qeelin, intends to leverage the brand to build its presence in China and across Asia in a path already trodden by up-market rivals such as Richemont and Hermes. The group, headed up by Francois-Henri Pinault, acquired its first Asian brand…

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