PPR sells Le Printemps to Italians

Published: 4-Jul-2006


PPR, which is changing its name to P3, has sold the French department store group Le Printemps to its Italian equivalent La Rinascente along with a consortium of French banks led by Natexis.

The estimated sale price was slightly ahead of market expectations at a reported €1.1bn. Le Printemps will be headed up by Maurizio Borlotti, the 39 year-old president of La Rinascente and grandson of the original founder.

See more

You may also like

Ingredients

Rediscover purposeful, resilient and innovative beauty with BASF’s “Beyond Beauty” at California Suppliers’ Day

Read more
BASF introduces Ameriflor Calm, a fresh launch celebrating regional traditional use and scientific excellence. “Reshaping Beauty” formulation concept offers a forward-looking approach that reimagines self-expression, inclusivity and sustainability

Trending Articles

  1. P.Louise Pinkmas event cancelled due to licensing issues The British beauty brand, founded by Paige Williams, confirmed that its highly-anticipated Christmas event due to take place in Manchester, UK, next month will not go ahead
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Onion is the new hair and scalp health hero growing on TikTok The science-backed, Ayurvedic ingredient could peel its way into the mainstream in 2026
  3. Longevity dubbed ‘turd of anti-ageing rolled in glitter’ by beauty journalist Nadine Baggott UK beauty journalist Baggott’s comments come amid a boom in longevity science and products, with players such as L’Oréal, Estée Lauder Companies and OneSkin all tapping into the space
  4. You need to be a subscriber to read this article.
    Click here to find out more.
    Bodycare saved by former The Body Shop CEO Charles Denton Denton most recently led the acquisition and turnaround of The Body Shop, and plans to reopen 30 to 50 Bodycare stores in the first half of 2026
  5. Sephora UK confirms launch date of Hailey Bieber’s Rhode in-store and online The model’s beauty brand will be available to buy in Sephora UK stores and online sooner than you think, following its successful debut with the retailer in the US and Canada

Upcoming event

Shanghai International Personal Care Expo

5–7 November 2025 | Shanghai, China See all

You may also like

Ingredients

Rediscover purposeful, resilient and innovative beauty with BASF’s “Beyond Beauty” at California Suppliers’ Day

BASF introduces Ameriflor Calm, a fresh launch celebrating regional traditional use and scientific excellence. “Reshaping Beauty” formulation concept offers a forward-looking approach that reimagines self-expression, inclusivity and sustainability
Digital

Arbelle showcases cutting-edge beauty AI and AR at Beautyworld Middle East 2025

From October 27–29, Arbelle joined thousands of global beauty professionals at Beautyworld Middle East 2025, unveiling the next generation of beauty AI and AR solutions
Retail

MAC Cosmetics to launch in Sephora’s US stores for first time

The launch comes amid ELC’s efforts to revive flagging sales at both MAC Cosmetics and the wider business
Finance

Estée Lauder Companies’ Q1 sales beat estimates as turnaround takes hold in ‘pivotal year’

Stéphane de La Faverie, President and CEO of the Estée Lauder Companies (ELC), hailed a strong start to the year as his ‘Beauty Reimagined’ strategy begins to bear fruit
Fragrance

Friends star Courtney Cox’s Homecourt lands $8 million to take fragrance brand to ‘next level’

Fresh investment in Homecourt, led by venture capital firm Cult Capital, will help the actor’s home and personal fragrance brand grow, including expanding its current team
Ingredients

From waste to worth: how upcycled botanical actives are shaping the future of circular beauty

By integrating upcycled raw materials from other process or industries, Croda Beauty turns by-products into high-value botanical actives. A selection of natural ingredients demonstrates how circular innovation can deliver proven performance while optimising resource use, to meet the growing demand for responsible beauty driven by a new generation of consumers
Body Care

Liberty unveils The Beauty Studio, championing next-gen beauty and wellness innovators

The Beauty Studio will sit alongside the shopping destination’s renowned Beauty Hall in London, UK, offering a space for shoppers to explore a curated collection of ‘next-generation names’ in beauty and wellness
Subscribe now