Skiurlaub- günstig mit FeWo-direkt
Center Parcs - der Familienkurzurlaub im Internet!


Bundesliga-Tickets mit Garantie!


Hotelsuche in 
 

French luxury group Kering to spin off majority of Puma shares

Europe
11.01.2018
By our dpa-correspondent and Europe Online    auf Facebook posten  Auf Twitter posten  
Frankfurt (dpa) - French luxury group Kering on Thursday announced that it would spin off about 70 per cent of the shares it owns in German sportswear group Puma to its own shareholders.

Kering would retain about 16 per cent of Puma shares as it reduces its stake from 86 per cent, while its largest shareholder, Artemis, would end up with a 29-per-cent stake in Puma.

The French group intends to focus on its luxury businesses in fashion, leather goods, jewellery and watches, with brands such as Gucci, Bottega Veneta, Alexander McQueen, Balenciaga and Boucheron.

This gives Puma, based in Herzogenaurach, free float shares of about 55 per cent. The deal must be approved at Kering‘s annual general meeting on April 26.

Francois-Henri Pinault, the chairman and chief executive of Kering, said the planned distribution of Puma shares "would enable our shareholders to directly benefit from Puma‘s future value creation."

"Kering would dedicate itself entirely to the development of its luxury houses," he said.

Puma chief executive Bjoern Gulden said the move would enable the German company to "be able to carry on to invest in becoming the fastest sports brand in the world, create value for retailers, improve performance for athletes and excite consumers."

 

Kommentare zu diesem Artikel
 
Neuer Kommentar
Name *
Email * (wird nicht öffentlich angezeigt)
Kommentar
* Pflichtangaben
 
Diesen Artikel empfehlen

Absender Empfänger Nachricht (optional)
Name
E-Mail

Name
E-Mail
   
 
Weitere Artikel zu diesem Thema
 
Europe
20.12.2017
Rome (dpa) - Italian spirits group Campari said on Wednesday it will buy French premium cognac brand Bisquit for 52.5 million euros (62.2 million dollars). The sale agreement includes Bisquit‘s inventory, its trademark, production facilities in
weiter
Europe
20.12.2017
Luxembourg (dpa) - German discount supermarket chain Aldi can market a product as Champagne sorbet if the taste justifies the name, the European Union‘s top court ruled Wednesday, in a challenge brought by a French association of Champagne
weiter
Europe
10.01.2018
Beijing (dpa) - French President Emmanuel Macron said China will order 184 Airbus A320 planes as he wrapped up his visit to Beijing, during which he called for "balance" in trade relations between the two countries.The order for the 184 planes from
weiter
Europe
08.01.2018
Frankfurt (dpa) - Lufthansa plans to hire about 8,000 new employees this year, the German airline said on Monday.More than half the new jobs are for cabin crew along with about 900 pilots, the company said. Lufthansa‘s total workforce currently
weiter
Europe
08.01.2018
Berlin (dpa) - Sales of Mercedes-Benz cars surged last year to a record high, allowing the German group to defend its crown as the world‘s top luxury carmaker as demand in China raced ahead.Mercedes-Benz sold about 2.3 million cars worldwide
weiter
Europe
11.01.2018
Berlin (dpa) - The German economy chalked up its fastest expansion rate in six years in 2017, despite signs of a slowdown at the end of the year, as strong consumer spending and corporate investment powered growth.Europe‘s biggest economy grew
weiter
 
Tipps der Redaktion aus dem Nachrichtenportal
 
NACHRICHTEN
Berlin (dpa) - The number of Russians who could compete as neutral athletes at next month‘s Winter Olympics has been reduced by 111 from 500 to 389, and not all of those will be eventually able to compete in Pyeongchang in the wake of a major
Paris (dpa) - French President Emmanuel Macron and German Chancellor Angela Merkel spoke of their ambitions for the European Union on Friday, but the shadow of possible failure in Germany‘s coalition talks loomed over their meeting.Macron, who
Rome (dpa) - Liliana Segre, an 87-year-old woman who survived the Holocaust, was on Friday appointed a lifetime member of the Italian senate by Italian President Sergio Mattarella.Born in Milan, Segre was deported to the Auschwitz-Birkenau
Paris (dpa) - France needs Germany by its side to bring about significant reform of the European Union, French President Emmanuel Macron said before talks with German Chancellor Angela Merkel."Our ambitions cannot be realized alone. And I have said
Paris (dpa) - German Chancellor Angela Merkel is confident of finding "common ground" with her conservative bloc‘s prospective coalition partner, as she touts the benefits such a government would bring at the European level."I see a broad basis
Berlin (dpa) - Activists are turning the spotlight on animal rights in Germany‘s meat industry at this year‘s major annual food and agriculture fair in Berlin.Several pressure groups protested against mass animal pens and demanded tougher
 
Tipps der Redaktion aus dem Reiseportal
 
REISEPORTAL
Seoul (dpa) - An overview of venues to be used to the Pyeongchang Winter Olympic Games in 2018.Pyeongchang Mountain ClusterLocated around 180 kilometres east of Seoul in the Gangwon province. Here there is the 35,000-capacity Olympic stadium for the
Frankfurt (dpa) - Germany will be unable to host an Olympic Games inside the next decade but the subject will not remain closed, a leading official has said."The overall topic of a potential bid has rather a mid- or long-term character," German
Pyeongchang, South Korea (dpa) - The International Olympic Committee advanced plans on Thursday to set up an independent anti-doping testing system following the drugs scandal in Russian sports.The World Anti-Doping Agency (WADA) is also set to
Berlin (dpa) - Medals at the Tokyo 2020 Olympic Games will be made from recycled material as local organizers called on the Japanese population to donate "discarded or obsolete electronic devices" for the purpose."The organizing committee aims to
The Olympic spirit is perhaps best in evidence when, for a brief, shining and historical moment, an outsider from a small nation grabs the glory with their first-ever medal.Rio de Janeiro (dpa) - Tears of joy, being overcome by emotion, instant fame,
Budapest (dpa) - Hungarian Premier Viktor Orban, currently attending the Rio Olympics, put in a word for Budapest‘s bid to host the 2024 summer games, promising a compact venue that would make "one large Olympic park" of Hungary‘s capital
Wetter

Nikosia


(19.01.2018 22:03)

4 / 13 °C


20.01.2018
4 / 16 °C
21.01.2018
6 / 15 °C
powered by wetter.com
Stock News

banner

banner

banner

banner

© europe online publishing house GmbH, Weiden, Germany, info@europeonline-magazine.eu | Impressum