Finance
8 min read

Closing of the sale of Surcouf

Published on
June 9, 2009
Contributors
Sharon Obuobi
Editor in Chief
Akosua Kissiedu
Business Intelligence Editor
Hai Ngan Bui
Business Intelligence Writer
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PPR announces the closing of the sale of Surcouf to Mr. Hugues Mulliez, founder of Youg's, a retailer of IT and digital products and services. About Youg’sYoug’s is a retailer specialized in the distribution of IT and digital products with 3 stores within the North of France and the South of Paris, with approximately 100 employees.www.yougs.fr About PPRPPR develops a portfolio of high-growth global brands. Through its Consumer and Luxury brands, PPR generated sales of €20.2 billion in 2008. The Group is present in 94 countries and territories with approximately 88,000 employees. PPR shares are listed on Euronext Paris (FR 0000121485, PRTP.PA, PPFP). To explore the universe of PPR brands go towww.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, Balenciaga, Boucheron, Sergio Rossi, Alexander McQueen and Stella McCartney). ContactsPress:Charlotte Judet + 33 (0) 1 45 64 65 06cjudet@ppr.comAnalysts/Investors :Alexandre de Brettes + 33 (0) 1 45 64 61 49adebrettes@ppr.comEmmanuelle Marque + 33 (0) 1 45 64 63 28emarque@ppr.comWebsite:www.ppr.comTo dowload the press release (pdf, 15Ko) Download the press release (.pdf 14.95 KB)

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