Thursday, May 30, 2013
PPR becomes KERING: change of the product name
On 22 March 2013, PPR announced that the Group would change its name to Kering to reflect its new identity. This name change will be subject to the approval of the annual general meeting to be held on 18 June 2013.
Therefore, as of today, the product name and the symbol of the ordinary shares will be modified as follows:
New product name: KERING
ISIN code: FR0000121485
Euronext code: FR0000121485
New symbol: KER
A world leader in apparel and accessories, Kering develops an ensemble of powerful Luxury and Sport & Lifestyle brands: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, JeanRichard, Qeelin, Puma, Volcom, Cobra, Electric and Tretorn. By ‘empowering imagination’ in the fullest sense, Kering encourage its brands to reach their potential, in the most sustainable manner.
Present in more than 120 countries, the Group generated revenues of €9.7 billion in 2012 and had 33,000 employees at year end. The Kering (previously PPR) share is listed on Euronext Paris (FR 0000121485, PRTP.PA, PPFP).
* PPR will become Kering, subject to approval at the Annual General Meeting on 18 June 2013