Puma Becomes Luxury Brand
French luxury goods group PPR, owner of Gucci and Yves Saint Laurent, has agreed to buy a 27.1-percent stake in German sportswear manufacturer Puma and launch a full takeover offer for the group, the two companies said on Tuesday.
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April 11, 2007- Posted in: Yves Saint Laurent, Puma, Gucci, Luxury Brands, Luxury News, Fashion
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