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Girard Perregaux

The Kering (PPR) relationship ...

 

It has been nearly 2 years since Kering obtained majority (51%) ownership of GP and JR. Of course many of us were nervous about a (Macaluso) family owned company under a larger conglomerate of luxury goods. But at every opportunity I have asked employees, at all levels, how it has affected day to day operations and direction and the consistent response I receive is that it is all good: stability, resources and a hands off approach to management.

I interviewed Michele Sofisti, CEO, last year and he gave some perspectives on the Kering ownership from the other side. Click here to read.

So it all seems good at the moment, but we will keep watching.

Andrew

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