News roundup–PPR sell-off, Direct Golf growth

Describing PPR’s retail divisions as “a major
weakness”, chief exec Fran�ois-Henri Pinault explains to
The Wall Street
his decision to sell the units, which include the
Redcats catalogue group.

Direct Golf UK “posted record results for
the year ending September 2009,” according to a maddeningly
vague article in Golf Monthly.


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