Does Gucci Own Puma?

Who is Gucci owned by?

François Pinault is the founder and owner of Kering luxury group, which includes several iconic fashion houses, including Gucci and Alexander McQueen..

Does Kering own Puma?

The exit of Puma from Kering is now effective following the implementation of the exceptional distribution in kind of Puma SE shares. … As previously announced, following this transaction, Kering will retain 15.70% of the share capital and 15.85% of the shares outstanding and voting rights of PUMA.

Is Puma a luxury brand?

Puma has been a public company since 1986, listed on the Frankfurt Stock Exchange. French luxury group Kering (formerly known as Pinault-Printemps-Redoute or PPR) holds 16%, Kering’s largest shareholder Artemis SA owns 29% of the share capital….Puma (brand)PUMA headquarters in Herzogenaurach, GermanyWebsitewww.puma.com20 more rows

When did Kering buy Puma?

2007Kering launched a takeover of Puma, one of the world’s largest sportswear manufacturers, in a 2007 deal valued at €5.3 billion.

Does Gucci own Louis Vuitton?

Despite the difference, however, both Houses have held steady enough to remain at the top of the luxury sector, and their separate journeys also highlight the increasing competition between the conglomerates that own them — Louis Vuitton’s parent company LVMH and Gucci’s parent company Kering.

What is the richest designer brand?

The World’s Richest Fashion DesignersMiuccia Prada with a Net Worth of $11.1 Billion. … Giorgio Armani with a Net Worth of $9.6 Billion. … Ralph Lauren with a Net Worth of $8.2 Billion. … Domenico Dolce with a Net Worth of $1.7 Billion. … Stefano Gabbana with a Net Worth of $1.7 Billion. … Calvin Klein with a Net Worth of $700 Million.More items…•