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":"c7bc6a5621debd922a2a9608e0179cad","s":"6755bc81450d8998"}
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