New York Times Kering to Spin Off Puma, Saying Goodbye to Sports LifestyleNew York TimesLONDON — Kering, the owner of high-fashion labels such as...

New York Times

Kering to Spin Off Puma, Saying Goodbye to Sports Lifestyle
New York Times
LONDON — Kering, the owner of high-fashion labels such as Gucci, Saint Laurent and Alexander McQueen, is getting out of the sports lifestyle business. On Thursday, the French conglomerate said it would spin off the German sports brand Puma to its

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