Brioni

Penne is a town and comune in the province of Pescara, in the Abruzzo Region of central Italy. It sits in the hills between the Apennine Mountains and the Adriatic Sea. The economy of Penne is driven mainly by tourism, agriculture, the regional hospital and Brioni, the Italian fashion house whose... suits are still hand sewn by Pennese women. The town is very ancient, having been a seat of government of the Vestini people starting around 300 BC. In around 89 BC, the Vestini were defeated by the Romans in the Social War, and thus came under the authority of Rome. The town was known as Pinna during the time of the Roman Republic. In the Middle Ages, Penne was under the control of the Lombards as part of the Duchy of Spoleto. Starting around 1130 Penne became part of the Kingdom of Sicily. In 1538 the town was given by emperor Charles V, Holy Roman Emperor to his daughter Margaret of Parma as a gift for her wedding to Ottavio Farnese. Margaret later elected Penne as the capital of the Abruzzo region, a title it retained until the 18th century.
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PPR is a French multinational holding company which develop a worldwide brand portfolio distributed in 120 countries. The company was founded in 1963 by the businessman François Pinault and is now run by his son François-Henri Pinault. It is quoted on Euronext Paris and is a constituent of the CAC 40 index. On the 2nd June 1962, François Pinault officially opened the Etablissements Pinault, specialized in wood trade negotiation,... and then in construction material. First a company from Bretagne, it grew organically and thanks to successive acquisitions, it reached national recognition. In 1987, the Pinault group took control of the paper-maker La Chapelle d’Arblay, which faced economic difficulties. It was then sold out to Finnish group Kymmene. Pinault SA was listed in the Second Marché of Bourse de Paris in 1988, and allowed institutions such as the Crédit Lyonnais or the AGF to invest in its company. In March 1990, François Pinault was elected president of CFAO, which specialized in electrical material distribution and negotiation in Africa.
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