Lifestyle

Das perfekte Geburtstagsgeschenk für die beste Freundin

KERING is distributing 70 percent of its stake in Puma to shareholders in order to focus on its luxury portfolio of brands.
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Das perfekte Geburtstagsgeschenk ist meist nicht ganz so einfach auszumachen. Auch wenn du das Geburtstagskind schon ewig kennst, wenn es dann soweit ist und du noch ein Geschenk benötigst, will dir einfach nichts in den Sinn kommen.

Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.

When you love fashion, there is no weekend. Everything just blends together.
CARINE ROITFELD

Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.

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François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.

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We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.

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