French luxury and sports brand group Kering – formerly known as PPR - said it bought Italian jeweler Pomellato for an undisclosed amount.







French luxury and sports brand group Kering – formerly known as PPR - said it bought Italian jeweler Pomellato for an undisclosed amount.

PPR, the owner of some of the world’s biggest luxury brands, is rebranding itself to help complete a transformation.

Young Scottish design talent Christopher Kane has seen French luxury holding PPR invest in his label. A new store and second line are expected for 2014.

French luxury giant PPR, the owner of Gucci, Yves Saint Laurent and Balenciaga, has bought Chinese jeweller Qeelin for an unnamed sum.

In an interview with WWD, PPR boss François-Henri Pinault has hinted that Balenciaga may make a return to the haute couture calendar.

PPR has named Alexander Wang creative director of its Balenciaga fashion and accessories brand to replace Nicolas Ghesquière, who quit last month.


















