News

PPR ups its stake in Puma

24/04/2008

During its announcement of first quarter results, luxury goods group PPR said it had increased its stake in athletic footwear and apparel brand Puma to 66.8%.Amid disappointing results for some of its brands, notably Gucci, Puma's sales rose by 6.6% for the quarter in comparative terms.PPR's original bid for control of Puma came a year ago and the ...

To continue reading this story, please sign in or register.

Footwearbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.