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April 09, 2007
Report: PPR Ponders Puma Buy
French luxury group PPR is reportedly considering a buy of German sports brand Puma. Neither company has commented on the possible deal, which would add another major player to PPR’s portfolio.
The group already counts Gucci, Yves Saint Laurent, Stella McCartney and Balenciaga among its fashion brands.
Blacks’s Take: A deal might allow PPR to offer designer capsule collections from Puma and increase the luxury aspect of the brand.
Posted by Blacks on April 9, 2007 09:23 AM
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