More Improvements For Ppr, But The Slowdown Is Prompting New Measures

The luxury group PPR, parent of Puma, Gucci Group and other important companies, has decided to freeze wages and new hirings at these two units and to lay off 1,800 employes at French retail operations such as Fnac, La Redoute and Conforama. Investments will be pared down at Puma and ...

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