In the last few days, the power French fashion group, PPR, has announced that is attempting to bid to buy the well known sporting apparel company Puma. PPR, also know as the Gucci Group, owns Gucci, Bottega Veneta, YSL, Balenciaga, Alexander McQueen, Stella McCartney, to name a few. Recently, for an estimated AUS$7.08 billion, PPR is now Puma's largest shareholder. It's intention is to buy Puma outright and increase the label on a larger scale internationally.
Who knows......we may see Puma sitting next to Gucci on the high-end fashion stakes soon.
3 comments:
Hey Mr. or Ms, Love your site, you're a great writer.
Totally cool.....i wonder when i can get puma/gucci infused sneakers??? hmmmm....maybe the gucci group could by osh-kosh-b-gosh....and have baby gucci? Love your site peoples!
Hey...Thanks Tom, your site is kicking too,
Yea we are a bit of both.
Post a Comment