PPR CEO Says Volcom Acquisition Shows Scope of Lifestyle Deals

PPR SA’s agreement to buy skate- and snowboarding clothier Volcom Inc. for $607.5 million is indicative of further acquisitions the company may make as it develops its sports and lifestyle division, Chief Executive Officer Francois-Henri Pinault said.

“When it comes to other market segments, we will have the same type of logic, trying to aim for small or mid-sized companies with potential for growth,” Pinault said by phone yesterday. “It shouldn’t be bigger than this one.”