PPR announces the signature today of a non-binding memorandum of understanding ("MoU") with YOOX S.p.A

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    • PPR announces the signature today of a non-binding memorandum of understanding ("MoU") with YOOX S.p.A
    Finance
    Thursday, May 24, 2012

    PPR announces the signature today of a non-binding memorandum of understanding ("MoU") with YOOX S.p.A

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    PPR announces the signature today of a non-binding memorandum of understanding ("MoU") with YOOX S.p.A with the aim of defining guidelines for the joint management of the e-commerce operations of some of PPR's luxury brands. At present, the MoU includes the Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Stella McCartney and Sergio Rossi brands. PPR and YOOX intend to continue negotiations with the aim of closing a definitive agreement in the coming months.

     

    CONTACTS

     

    Press :
    Paul Michon
    +33 (0) 1 45 64 63 48
    pmichon@ppr.com
    Hélène Saint-Raymond
    +33 (0) 1 45 64 61 20
    hsaint-raymond@ppr.com

     

    Analysts/Investors :
    Alexandre de Brettes
    +33 (0) 1 45 64 61 49
    adebrettes@ppr.com
    Edouard Crowley
    + 33 (0) 1 45 64 63 28
    ecrowley@ppr.com

     

    Download the press release (.pdf 198.14 KB)