Lyxkonglomeratet Kering säljer av i sportklädesmärket Puma

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The move, which would see Kering move closer to becoming a pure luxury player as part of its former vow, comes as Puma continues to grow. Kering’s François-Henri Pinault slaps down talk of Puma sale talk. Sales grew 3.7 per cent during the first quarter compared with a year earlier to €852m. Puma said third-quarter sales rose a currency-adjusted 23 percent in Europe, Middle East and Africa, 16 percent in the Americas and 10 percent in Asia/Pacific. Like its German rival Adidas, which reports results on Nov. 9, Puma has been enjoying a revival in the US market, as shoppers snap up its retro styles instead of basketball shoes, hurting Under Armour and Nike. SALE bij PUMA. Krijg korting op kleding, schoenen en accessoires voor heren en dames.

Apparel sales were broadly flat at € 263.3 million. Kering’s 500 million euro ($550 million) bond issue, which is due in 2022, will be equivalent to 3.5% to 3.7% of the share capital of Puma, which has been performing strongly, thanks in part to NO SALE. Kering managers said the group had preferred to avoid a drawn-out disposal of Puma to a third party, though the German firm said there had been interest from buyers. 2018-01-11 · Puma’s size prevented Kering from finding an appropriate new owner for Puma, and a sale on the open market could have led to discounts on the stock. That led to the conglomerate’s decision to Dive Brief: Last Thursday, Kering’s board of directors unanimously proposed to distribute to its shareholders around 70% of the 86.3% of Puma shares it now owns — effectively divesting itself Kering (Paris:KER) announces the completion of the sale following an accelerated bookbuilding process to qualified investors only, as defined in Article 2 point (e) of Regulation (EU) 2017/1129 (the “Placement”), of approximately 5.9% of the share capital of Puma SE (“Puma”) for a total amount of approximately € 655.6 million, corresponding to a selling price of € 74.50 per Puma The owner of Puma SE has explored a sale of the German sportswear maker as efforts to revive the brand drag into a fifth year, according to a report by Bloomberg. Kering SA, which also owns Gucci, contacted potential buyers earlier this year to gauge interest, said the people, who asked not to be identified because talks are private. Kering seeks to reduce its stake in Puma, issuing bonds that can be exchanged for shares.

Linda Ahlberg - Area Sales Manager - Kering Eyewear

Kering Group: PUMA not for sale Posted On June 23, 2016 CPP-LUXURY 0 François-Henri Pinault, CEO of Kering , has stated to the Financial Times that the group will not sell its Puma subsidiary in the short term. Sales in Footwear increased for the fourth quarter in a row, rising by 16.2% currency adjusted to . € 358.8 million. This development was mainly driven by the Running, Training and Sportstyle categories and especially the PUMA IGNITE product platform.

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Kering’s François-Henri Pinault slaps down talk of Puma sale talk. Sales grew 3.7 per cent during the first quarter compared with a year earlier to €852m. Puma said third-quarter sales rose a currency-adjusted 23 percent in Europe, Middle East and Africa, 16 percent in the Americas and 10 percent in Asia/Pacific. Like its German rival Adidas, which reports results on Nov. 9, Puma has been enjoying a revival in the US market, as shoppers snap up its retro styles instead of basketball shoes, hurting Under Armour and Nike. SALE bij PUMA. Krijg korting op kleding, schoenen en accessoires voor heren en dames.

2 Mar 2021 In 2020, Kering's Gucci brand generated a global revenue of about 7.44 of luxury clothing products, including leather goods, apparel, shoes, The company also owns shares of the famous German sports brand, Puma. Post transaction, Kering would retain approximately 16% of Puma. The transaction will be submitted to the vote of Kering shareholders at the Annual General 6 Oct 2020 Puma shares have leapt higher since kering spun off the bulk of its the 6 per cent puma sale contributes another 650m to the companys cash 12 Jan 2018 French luxury goods group Kering is to spin off German sports brand Puma to its shareholders Puma re-issues computerised running shoes. 5 Oct 2020 Kering is selling 8.8 million shares it owns in Puma. After the latest transaction, it will retain 9.8% of the brand's outstanding shares. 6 Oct 2020 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 German sportswear 2 Aug 2016 Second-quarter sales rose 6.9%, again topping the 3 percent gain analysts had anticipated. Kering, which owns several luxury brands 15 Apr 2014 brands like Gucci, Yves Saint Laurent, PUMA, among others.
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KERING EYEWEAR; About; The one and only Luxury Eyewear Company; Puma. MODEL N ° Find 2020-02-17 · Sales PUMA's strong sales growth continued in the fourth quarter of 2019.

The company currently owns Kering announces that Redcats has closed the sale of its Nordic brands, Boucheron, Girard-Perregaux, JeanRichard, Qeelin, Puma, Volcom, Modemärkesägaren Kering, som bland annat har Gucci och Alexander säljer en post om 5,9 procent i sportklädmärket Puma för 656 miljoner euro. jobbet, säger Kim Larsson, KAM Fleet Sales på Mercedes-Benz Sverige. Area sales manager för Gucci, Saint Laurent, Bottega Veneta och Stella McCartney. Kering Eyewear is the one and only Luxury Eyewear company.
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In 2020, Kering made 13.1 billion euros in revenue, -17.9% from the previous year. Kering Eyewear S.p.A.Via Altichiero 180, 35135 Padova IT VAT: 04846890285. KERING EYEWEAR; About; The one and only Luxury Eyewear Company; Puma. MODEL N ° Find 2020-02-17 · Sales PUMA's strong sales growth continued in the fourth quarter of 2019. Sales increased by 20.6% reported to € 1,478.6 million (+18.3% currency adjusted). All regions and all product divisions contributed with double-digit increases.

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The transaction will be submitted to the vote of Kering shareholders at the Annual General 6 Oct 2020 Puma shares have leapt higher since kering spun off the bulk of its the 6 per cent puma sale contributes another 650m to the companys cash 12 Jan 2018 French luxury goods group Kering is to spin off German sports brand Puma to its shareholders Puma re-issues computerised running shoes. 5 Oct 2020 Kering is selling 8.8 million shares it owns in Puma. After the latest transaction, it will retain 9.8% of the brand's outstanding shares.

PUMA was valued at €5.3 billion EUR (approximately $6 billion USD) when Kering bought it back in 2007, but analysts believe its earnings will still trail that number by 2020. 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 and Artémis have entered into a lock-up agreement relating to the Puma’s shares, which lock-up is expected to end after a period of 90 calendar days from the settlement date of the Kering announces the completion of the sale following an accelerated bookbuilding process to qualified investors only, as defined in Article 2 point (e) of Regulation (EU) 2017/1129 (the "Placement "), of approximately 5.9% of the share capital of Puma SE ("Puma") for a total amount of approximately FRANKFURT, Germany — The owner of Puma SE has explored a sale of the German sportswear maker as efforts to revive the brand drag into a fifth year, according to people familiar with the matter. Kering SA, which also owns Gucci , contacted potential buyers earlier this year to gauge interest, said the people, who asked not to be identified because talks are private. Kering said on Tuesday that it had sold 8.8 million shares in Puma, 5.9% of the company’s stock, a day after it announced its intention to pare its stake in the footwear company.