PPR Group, a major French retailer, announced its financial results for fiscal year 2012 on February 15th. Compared to the previous year, net profit increased 28.2% to approximately 1.3 billion euros (approximately 162.5 billion yen), operating profit increased 19.3% to approximately 1.8 billion euros (225 billion yen), and total revenue increased 20.8% to approximately 9.8 billion euros (1.225 trillion yen). Chairman and CEO François-Henri Pinault commented on the results, saying, "PPR's fiscal year 2012 was excellent, thanks to the strong performance of our luxury division. 2012 was a year in which we furthered our internationalization and aggressively pursued profits. Our strong performance was also due to the balance of our business by region and the consistent strategy of the entire group. We believe that by strengthening our assets and human resources, we will be able to make further progress this year. We will also strive to achieve similar results in our sports and lifestyle division."

Major business activities in fiscal 2012 included the completion of the acquisition of the Italian fashion brand Brioni on January 11th. On July 26th, 29.8% of the shares of CFAO (major French trading company: CFA O) were sold to Toyota Tsusho for 37.50 euros per share, making Toyota Tsusho CFAO's largest shareholder. In addition, on October 9th, PPR's board of directors approved a plan to spin off the business of Fnac (a French electrical appliance chain store).

The PPR Group does business in over 120 countries. Listed on Euronext Paris, the company owns brands such as Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Stella McCartney, Sergio Rossi, and Puma.