Company Profile For PPR S.A.

PPR SA, formerly Pinault-Printemps-Redoute, is a France-based company that specializes in retail and luxury goods distribution. The Company's Retail division markets fashion, accessories, beauty care products, home furnishings, cultural products, electronic goods and household appliances. The division operates through five core subsidiaries: Conforama, Fnac, Redcats, Puma and CFAO. The Company's Luxury Goods division is operated by the Gucci Group, which designs, manufactures and markets high-end luxury items, such as ready-to-wear clothing, leather goods, shoes, watches, jewelry, fragrances, cosmetics and beauty care products. The Gucci Group owns a portfolio of luxury brands, including Gucci, Yves Saint Laurent, Sergio Rossi, Boucheron, Bottega Veneta, Alexander McQueen, Stella McCartney and Balenciaga, among others. PPR SA has activities in Europe, Asia, the Americas and Africa.

BRIEF: For the six months ended 30 June 2009, PPR SA's total revenue decreased 4% to EUR9.24B. Net income from continuing operations decreased 44% to EUR202.8M. Total revenue reflects a decrease in demand for the Company's products in Yves Saint Laurent, Fnac, Redcasts, Conforama and CFAO business segments as well as unfavorable markets conditions. Net income from continuing operations suffered from lower operating margins.

PPR S.A.
10 avenue Hoche
Paris     75381
P: +331.45646100
F: +331.45646000

88000