PPR buys Qeelin, seeks more acquisitions in China

12/9/2012 | Bloomberg Businessweek

Paris-based luxury giant PPR has acquired Chinese jeweller Qeelin, which operates 14 boutiques and also sells its high-end pieces via department stores including Colette in Paris and Restir in Tokyo. PPR aims to acquire other high-end brands in China, said managing director Alexis Babeau.

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