Home / Knowledge / News / Fashion / Excellent activity level of PPR in Q4 2007
Excellent activity level of PPR in Q4 2007
24
Jan '08
PPR posted revenues from continuing operations of €19.761 billion in 2007, up 16% on a reported basis and up 7% on a comparable basis over the 2006 level. Revenues generated outside of France represented 59% of the Group's total sales in 2007. PPR confirmed its leadership in e-commerce, with Group companies posting a combined 21% increase in total online sales to €1.772 billion. Group sales in the fourth quarter totaled €5.875 billion, up 15% on a reported basis and up 6% on a comparable basis.

François-Henri Pinault, PPR's Chairman and CEO, said: “PPR's excellent figures speak for themselves: they illustrate the strength of the Group's strategic business model and its capacity to resist economic vagaries. Thanks to our complementary products and brands, the geographical breadth of our networks and our constant push to strengthen our positions in the markets that enjoy the highest growth potential, PPR boosts its performance consistently quarter after quarter. With solid fundamentals and disciplined management, we will deliver higher results for full year 2007. We are confident in the Group's ability to further strengthen our performances in 2008.”

Puma: very strong year-end Performance
In the fourth-quarter, Puma's sales increased by 10.3% on a comparable basis, driven by an outstanding growth in retail. All product categories posted solid growth, with footwear up 7%, apparel up 14.8% and accessories up 14%. The EMEA region posted the strongest growth (up 20%), followed by Asia-Pacific (up 14%), which was driven by the buoyant Japanese and Chinese markets. The Americas region recorded a limited decline in the fourth quarter (-3%) but remains affected by the drop in traffic at US mall-based business.


Must ReadView All

AmCham Cambodia cautions US against possible sanctions

Apparel/Garments | On 22nd Sep 2018

AmCham Cambodia cautions US against possible sanctions

In a letter to US lawmakers, the American Chamber of Commerce...

Courtesy: ycloset

Apparel/Garments | On 22nd Sep 2018

Alibaba invests in clothes sharing platform Ycloset

Chinese garment sharing platform YCloset has completed an undisclosed ...

KG cracker; courtesy: Ineos

Textiles | On 22nd Sep 2018

Ineos to invest £60 mn in the UK to expand production

Ineos has announced plans to invest £60 million to expand its...

Interviews View All

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Siddharth Biyani, Mangalam Industries Pvt Ltd

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Yash Maniyar, Rekha Maniyar

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harsh Shah,

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions &amp; Vertriebs Gmbh, founded in 1978 and headquartered ...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Igor Chapurin, Chapurin

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search