TOP BIT
Jump, Puma, jump!
The French billionaire Pinault family is considering an exit from Puma. Through their holding company Artémis, they own 29 percent of the sportswear manufacturer – and according to media reports are already in talks with potential buyers such as China’s Anta Sports and Li Ning.
Puma’s shares jumped double digits on the rumors, but the operational crisis remains: multiple profit warnings, weak demand, and a market value that has halved in just one year.
The Details
📉 Stock plunge: Over the past twelve months, Puma has lost more than…
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