China’s Anta Sports Products has offered to buy 29 percent of struggling German sportswear firm Puma from France’s Pinault family, three people with knowledge of …
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Stake
Under Armour Surges After Fairfax Financial Discloses 22% Stake
Under Armour Inc. jumped as much as 7.2 percent in late trading on Monday after Fairfax Financial Holdings disclosed a sizeable stake in the sportswear …
Coty Sells Remaining Stake of Wella in $750 Million Deal with KKR
Beauty company Coty said on Friday it sold its remaining 25.8 percent stake in hair care brand Wella to KKR for $750 million, while retaining …
Activist Investor Takes Over $1 Billion Stake in Lululemon
Activist investor Elliott Management has amassed a stake of more than $1 billion in Lululemon Athletica and is lining up a potential CEO candidate as …
L’Oréal to Double Galderma Stake
L’Oréal SA is doubling its stake in Galderma Group AG to 20 percent, as the French cosmetics company increases its bet on skincare drugs. The …
India’s RPSG Ventures Acquires 40% Stake in Falguni Shane Peacock
RPSG Ventures is acquiring a 40 percent stake in FSP Design Private Limited, the parent company of Falguni Shane Peacock, a luxury fashion house spanning …
LVMH’s Watch Unit Takes Minority Stake in La Joux-Perret
LVMH’s watch division has taken a minority stake in La Joux-Perret as it deepens cooperation with the Swiss watch movement manufacturer, the French luxury group …
Frasers Group Acquires Majority Stake in The Webster
UK-based conglomerate Frasers Group has acquired a majority stake in The Webster, the companies announced Thursday. The Webster founder Laure Hériard Dubreuil will continue to …
Armani Approached Potential Buyers Over Stake Sale, Sources Say
Armani representatives have made informal approaches to some potential buyers for a minority stake in the renowned Italian fashion group, three sources with knowledge of …
Report: Saks Global to Sell $1 Billion Stake in Bergdorf Goodman
Saks Global is looking to offload a 49 percent stake in New York City luxury department store Bergdorf Goodman, The Wall Street Journal reported Sunday, …
Pinault Family Won’t Exit Puma Stake at Current Value, Source Says
Artemis, the Pinault family’s holding that controls Gucci-owner Kering, will not sell its 29 percent stake in sports brand Puma at the current market value …
Puma Shares Soar on Report Pinault Family Exploring Sale of 29% Stake
Shares in Puma SE surged after Bloomberg reported on Monday that the holding company of France’s Pinault family is weighing options for its 29 percent …
Valentino Names Riccardo Bellini CEO With Kering Deal At Stake
Valentino has named Riccardo Bellini its new chief executive, succeeding Jacopo Venturini as difficulties intensify for the Roman brand. Earlier this year, Bellini was named …
Temasek Builds 10% Stake in Zegna in Boost for Expansion Plans
Temasek Holdings Pte is building a 10 percent stake in Ermenegildo Zegna Group worth about $220 million, helping accelerate the Italian fashion house’s expansion plans. …
Coach-Owner Tapestry Ups Stake in Recycled Leather Maker Gen Phoenix
Tapestry will increase its stake in eco-leather producer Gen Phoenix to 9.9 percent as part of a $15 million financing round, as the Coach and …
Canada Goose’s Private Equity Backer Weighs Stake Sale
Canada Goose Holdings Inc.’s controlling shareholder Bain Capital is considering a sale of its stake in the luxury parka-maker, according to people familiar with the …