Artémis acquires 100 percent stake in Courrèges

Artémis, French billionaire François Pinault’s family holding company, has acquired 100 percent stake in Courrèges from 40 percent, it held earlier, reports WWD, quoting sources familiar with the development. The report added that Artémis claimed the controlling stake from Jacques Bungert and Frédéric Torloting, the former Young & Rubicam executives who had acquired Courrèges from founders André and Coqueline Courrèges in 2011.