Recently it became known that the French holding Kering - formerly known as PPR - was replenished with a new company. She became the Italian jewelry brand Pomellato, which the owner of the group François-Henri Pinault (François-Henri Pinault) bought for a nondisclosable sum, according to the Russian Jewelery Network.
Prior to the transaction, the Pomellato Group owned two brands, Pomellato and Dodo. The first relates to the segment of expensive jewelry, the second - to the more affordable. The brand owns 86 boutiques around the world: 45 Pomellato stores, 41 Dodo boutiques. Also, brand products can be found in 600 retail outlets.
According to representatives of Kering, their accumulated experience, resources, media and brand management can contribute to the further development of their new offspring. The amount of the deal has not been disclosed yet, but last month reliable bank sources told Reuters that the business cost the Kering group at € 350 million.
After changing the name of the holding in March, Pomellato was the first acquisition of the Kering Group. Prior to that, the former PPR invested in January, when buying the Christopher Kane brand.