Pinault Printemps Redoute (PPR, Paris Spring) Group is a French fashion and retail giant. At present, Paris Spring Group has exceeded 30 billion euros in assets.

Paris Spring Group's acquisition of Gucci's equity began in 2001 and was completed in 2004. It finally purchased 42% of the Gucci Group's shares and became the largest shareholder. In addition, in the same year, the Gucci Group acquired several major luxury brands such as YSL (Yves Saint Laurent) and Sanofi Beauté.

Shanghai Printemps Department Store is a large-scale shopping mall retail enterprise jointly established by Shanghai Yimin Department Store Group and Hong Kong New World Department Store Group. It is controlled by Hong Kong New World Department Store Group.

Hong Kong New World Department Store Group is a department store jointly established by Hong Kong New World Group and Ports International Group Canada Co., Ltd. Hong Kong Branch (already listed on the Hong Kong Stock Exchange). It owns 6 Paris Printemps stores. department stores, and 22 New World Department Stores.

Ports International Group Canada Co., Ltd. (already listed in Canada) is an international group composed of the French Ports Group and the French Paris Spring Group, as well as local Canadian companies.

Qingdao Paris Printemps was transformed into "Paris Printemps Plaza" after Paris Printemps Department Store (China) Co., Ltd. acquired Qingdao's "Hisense Plaza" in 2007.

Paris Printemps Department Store (China) Co., Ltd. was established in 1996. The founders at that time included Shanghai Printemps Department Store, Paris Printemps Department Store, French Ports International Group.

Shanghai, Qingdao and other domestic Paris department stores The trademark ownership of Printemps Department Store should belong to the Printemps Group, which is indirectly controlled by the Printemps Group through its subsidiaries around the world.

The two should be in a cooperative relationship, but Shanghai Paris Printemps Department Store is a shareholder of Qingdao Paris Printemps.