1987, Pi Nuo Group took over Chapelle Dabray Paper Mill which was facing economic difficulties at that time, and then sold it to Kimine Group in Finland.
1988, Pi Nuo company listed on the secondary market of the Paris Stock Exchange in the name of Pinault SA, which gave institutions like credit lyonnais or French AGF insurance company the opportunity to invest. From 65438 to 0999, PPR acquired the shares of Gucci Group NV and invested in luxury goods for the first time. Later, more acquisitions of luxury brands strengthened the group's position in the luxury industry: YvesSaint Laurent. YSL Beauty, Sergio Rossi.
In 2000, jewelry brands Boucheron and Bedat &; Cie). At the same time, PPR launched sports boutique Citadium and acquired Surcouf supermarket.
200 1 With more luxury brand acquisitions: Gucci Group acquired Bertie. Bottega Veneta and Balenciaga, as well as stella mccartney and Alexandria. Alexander mcqueen signed a cooperation agreement. From 200 1 to 2004, PPR increased its capital injection into Gucci group.
In 2002, PPR sold Facet, a personal business card supplier owned by Conorama, to BNP Paribas, and Finaref, a financial services company owned by Conorama, to CréditAgricole.
In the same year, Guilbert's home shopping business was sold to Staples, and the office furniture business was sold to OfficeDepot the following year.
In 2003, PPR sold Pi Nuo Timber Company to British wolseley Group. It took the first step from the timber trading group and became a well-known French construction timber retailer, importer and processor. Finally, Pi Nuo ·BOIS sold for 565 million euros.
In 2004, PPR transferred its electrical material manufacturer Rexel. Through public bidding, Pinote-Paris Spring Department Store-Reddutt increased its stake in Gucci Group to 99.4%.
On May 6th, 2005, at 5438+08, Pinote-Paris Spring Department Store-Reddutt simplified the group name to PPR.
In 2006, PPR made several transfers and acquisitions, such as: transferring 5 1% equity of Paris Spring Department Store to Deutsche Bank Investment Fund (RREEF) and Borletti Group of Italy, and selling Orcanta, a lingerie brand to Chantelle.
At the same time, its red cat Redcats (which owns Le Doute La Redoute and many other home shopping brands) acquired Sportman's Guide.
In 2007, PPR acquired a controlling stake of 27. 1% in Puma, and then increased its shareholding to 62. 1%, which made the group play an important role in sports &; Its position in the field of lifestyle has been consolidated. In March 2007, PPR sold Kadéos to Accor Group.
In 2008, PPR sold YSL beauty cosmetics to L 'Oreal at the price of1.1.50 billion euros.
In 2009, Gucci Group transferred its Swiss watchmaking company Bedat &; Cie) was sold to LuxuryConcepts. Subsequently, PPR gave up control of CFAO and transferred 58% of the shares.
On February 9, 20 10, 10, PPR announced that it was conducting exclusive negotiations with Steinhoff of south Africa on the divestiture of Conforama.
On 2011March18th, the group completed the transfer of Conforama to Steinhoff International Group, and the group turned to luxury goods and sports & lifestyle products to a new level.
On February 25th, 2009, Gucci announced that it had a relationship with the luxury concept watch &; Jewelry sdnhd) reached Beida Watch (Bé dat&; Co), then CEO Viviane Fankhauser will continue to cooperate with the brand.
201165438+1October 3 1 reached the transfer agreement of Steinhoff international group.
PPR acquired WildernessSafaris, a South African green luxury tourism company, through its subsidiary Puma (a fair trade clothing brand based on brand image), and acquired Cobra, a leading golf equipment manufacturer, on 20 10.
On may 3rd, 20 1 1, the group won the bid for the dynamic sports brand Volcom through friendly bidding.
The acquisition enhanced PPR's new market positioning. Just like Fran? ois Henry. Pi Nuo (Fran &; CcedilOis-Henri Pinault), PPR Sports &; Lifestyle business is in a favorable position and can develop into a promising and dynamic sports market, thanks to Volcom's excellent brand image-strong personality and unique brand background.
20 1 1 In July, PPR controlled Swiss watch company Sowind Group, which owned watch brands Girard-Perregaux and Jean Richard.
20 12 1, PPR buys Leoni.