Multichannel
March 25, 2013
By Tricia Carr
The conglomerate formerly known as PPR is solidifying its focus on luxury and sports brands by changing its name, a move that is likely to shift the group’s global standing, experts say.
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","iv":"a00a2727f44f5529db21d531e7e87004","s":"e032cf64116f2885"}
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