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"Francois-Henri Pinault and his fiancee, Salma Hayek, are happy to announce they are expecting the arrival of their first child," spokeswoman Ina Treciokas said in a one-paragraph statement.
In a brief telephone call, Treciokas said no other details, including the date the child is due to be born, would be made public.
Pinault, 44, is chief executive officer of his family's luxury goods firm PPR, whose lines also include Bottega Veneta, Alexander McQueen and Stella McCartney.
Hayek's films include "Frida," for which she received an Oscar nomination, and she is executive producer of the hit U.S. television show "Ugly Betty," in which she plays a key role.
Hayek, 40, previously was romantically linked to actors Edward Norton and Josh Lucas.
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