We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Shrink to grow

9 December 2010 By Pierre Briancon

The French group is selling its Conforama unit to South Africa’s Steinhoff for 1.6 bln euros. It’s the first step towards parting with retail branches accounting for 60 pct of current revenue. PPR wants to spend the cash on cult sportswear brands. But they aren’t easy to find.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)