NEWS: PPR (Gucci) to buy 23 pct of Swiss watchmaker Sowind (Girard Perregaux/Jean Richard)
PARIS, June 9 (Reuters) - French retail group PPR (PRTP.PA: Quote, Profile, Research, Stock Buzz) is buying a 23 percent stake in Swiss luxury watch manufacturer Sowind Group, which includes the Girard Perregaux brand, PPR said on Monday.PPR (PRTP.PA: Quote, Profile, Research, Stock Buzz), which owns fashion house Gucci, could increase its stake in Sowind as part of a long-term partnership which a...
Feb. 28, 2024