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Kering has divested a 5.9 percent stake in sporting giant Puma. The luxury group led by François-Henri Pinault announced it sold its shares for a value of 655.6 million euros, corresponding to a share price of 74.50. The sale leaves Kering with a red 2018-01-12 · The plan, under which Kering will distribute to its investors 70 percent of the shares of Puma, will leave Kering founder Francois Pinault’s holding company Artemis with about 29 percent of Puma 2018-01-12 · Gucci-owner Kering plans to spin off German sports brand Puma to the French conglomerate's shareholders to focus squarely on its luxury brands.. Kering said on Thursday it planned to distribute 70 Kering said on Thursday that it planned to distribute 70 percent of Puma shares to its investors, leaving it with only a 16 percent stake, confirming an exclusive Reuters report.

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Olympic gold medal sprinter Usain Bolt was the most recognizable face of the Herzogenaurach, Germany- based, Kering-owned athletic company PUMA x MAISON KITSUNÉ Ralph Sampson 70 Mid Trainers Special Price R3,000.00 Regular Price R3,000.00 Wild Rider Layers Trainers Designed to suit any occasion, PUMA sneakers for women are more than everyday shoes. Our classic and retro models are available in several colours. Fall for a pair of iconic women`s shoes in white to match all your outfits or savor the simplicity that only a pair of black sneakers can offer. Kering considers selling Puma brand.

16 May 2018 Kering has officially spun Puma out from its group portfolio. The luxury Puma drops shoe inspired by dance music culture. Fashion 

The Group wants to focus more on its luxury brands. The largest shareholding in Puma could soon be held by the French entrepreneurial family Pinault. Kering has divested a 5.9 percent stake in sporting giant Puma. The luxury group led by François-Henri Pinault announced it sold its shares for a value of 655.6 million euros, corresponding to a share price of 74.50.

Puma is not Kering’s only remaining non-luxury asset, however. Kering’s chief financial officer Jean-Marc Duplaix said Thursday that, after the Puma spinoff, the company would “look at options” for Volcom , the underperforming Californian surf, skateboard and snowboard brand bought by Pinault in 2011 for more than $600 million.
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Written by Anna Wadolowska | News & Updates | Jan 15, 2018. eShopWorld Insight: n. There has never been a better time Kering is a little more than 40% controlled by France's Pinault family, which would receive about 29% of the sporting goods company, while Puma's free float would stand at about 55%.

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Stay in style with our selection of Puma Shoes. Whether you need cool sneakers & slides or athletic shoes for running or training, we have you covered! Free shipping available. Kering is a little more than 40 percent controlled by France’s Pinault family, which would receive about 29 percent of the sporting goods company, while Puma’s free float would stand at about Kering Eyewear.

The sale of PUMA to luxury house Kering saw Jochen join its board. With brands like Gucci, Bottega Veneta, and Yves Saint Laurent in Kering's stable, he was 

Luxury group Kering has appointed financial services company Rothschild & Co. to handle the potential sale of its Puma sportswear brand, according to a report in a French business publication. Kering acquired Puma in 2007 as part of a strategy to diversify its business. HAPPYCODER even claims Puma’s shoes are useful outside of gaming, with the footwear helping to increase “my coding efficiency by 35%.” Not sure these any shoes are worth this kind of marital Shop our collection of Men's BMW Driving Shoes at the Official PUMA® Online Store. NIKE & PUMA SHOES, Lagos, Nigeria. 2,329 likes · 16 talking about this. puma adidas and Nike slippers and shoes PPR, the company that owns Puma and a number of luxury brands including Gucci and Stella McCartney, is rebranding as Kering to better reflect its corporate   6 Oct 2020 News business : Shares in Puma fell 3.5% on Tuesday after French luxury group Kering said it had completed the sale of a 5.9% stake in the  Discover all the very latest Puma AG apparel business news, analysis, Apparel firm Kering is taking another step toward streamlining its focus on its luxury German sportswear brand Puma has launched a self-lacing training shoe as 15 Jan 2018 of the 86.3% of Puma shares it now owns — effectively divesting itself of the athletic shoe and apparel brand.

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