Sunday, June 1, 2008
Press release from Mr François Pinault and Mr François-Henri Pinault following the death of Mr Yves Saint Laurent
It is with great emotion that François Pinault and François-Henri Pinault have learned of the death of Yves Saint Laurent. With it, French fashion and indeed the world lose a genius.
A singular couturier who carried a revolutionary vision of fashion to the highest level, Yves Saint Laurent at once maintained traditions of excellence and invented new codes of French elegance. He invented, revised and ultimately transformed all at the service of a passion: to make women radiate and to expose their beauty and mystery. More than a great designer, in reality an immense artist has left us. Elevating fashion to a new form of art, Yves Saint Laurent expressed the evolution and the revolutions of society through his creations.
Yves Saint Laurent leaves us with a heritage for which we are forever indebted to him. The PPR Group and all who work at Yves Saint Laurent are imprinted with the spirit of his creation and invention. And each individual therein will endeavour to stay faithful to the style and grandeur of his legacy.
François Pinault and François-Henri Pinault extend their most sincere condolences to his family, to Pierre Bergé, and to all of his friends and associates.
PPR develops a portfolio of high-growth global brands. Through its Consumer and Luxury brands, PPR generated sales of EUR 19.8 billion in 2007. The Group is present in 90 countries with approximately 93,000 employees. PPR shares are listed on Euronext Paris (# 121485, PRTP.PA, PPFP).
To explore the universe of PPR brands go to www.ppr.com: Fnac, Redcats Group (La Redoute, Vertbaudet, Somewhere, Cyrillus, Daxon, Ellos, The Sportsman’s Guide, The Golf Warehouse and brands of the plus-size division), Conforama, CFAO, Puma and the Luxury brands of Gucci Group (Gucci, Bottega Veneta, Yves Saint Laurent, YSL Beauté, Balenciaga, Boucheron, Sergio Rossi, Alexander McQueen and Stella McCartney).