COVID-19 is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19 pandemic.

The symptoms of COVID‑19 can vary but often include fever,[7] fatigue, cough, breathing difficulties, loss of smell, and loss of taste.[8][9][10] Symptoms may begin one to fourteen days after exposure to the virus. At least a third of people who are infected do not develop noticeable symptoms.[11][12] Of those who develop symptoms noticeable enough to be classified as patients, most (81%) develop mild to moderate symptoms (up to mild pneumonia), while 14% develop severe symptoms (dyspnea, hypoxia, or more than 50% lung involvement on imaging), and 5% develop critical symptoms (respiratory failure, shock, or multiorgan dysfunction).[13] Older people have a higher risk of developing severe symptoms. Some complications result in death. Some people continue to experience a range of effects (long COVID) for months or years after infection, and damage to organs has been observed.[14] Multi-year studies on the long-term effects are ongoing.[15]

COVID‑19 transmission occurs when infectious particles are breathed in or come into contact with the eyes, nose, or mouth. The risk is highest when people are in close proximity, but small airborne particles containing the virus can remain suspended in the air and travel over longer distances, particularly indoors. Transmission can also occur when people touch their eyes, nose, or mouth after touching surfaces or objects that have been contaminated by the virus. People remain contagious for up to 20 days and can spread the virus even if they do not develop symptoms.[16]

Testing methods for COVID-19 to detect the virus’s nucleic acid include real-time reverse transcription polymerase chain reaction (RT‑PCR),[17][18] transcription-mediated amplification,[17][18][19] and reverse transcription loop-mediated isothermal amplification (RT‑LAMP)[17][18] from a nasopharyngeal swab.[20]

Several COVID-19 vaccines have been approved and distributed in various countries, many of which have initiated mass vaccination campaigns. Other preventive measures include physical or social distancing, quarantining, ventilation of indoor spaces, use of face masks or coverings in public, covering coughs and sneezes, hand washing, and keeping unwashed hands away from the face. While drugs have been developed to inhibit the virus, the primary treatment is still symptomatic, managing the disease through supportive care, isolation, and experimental measures.

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”262″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”40″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.
CARINE ROITFELD

[/vc_column_text][supro_empty_space height=”35″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”254″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][supro_empty_space height=”40″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.
CARINE ROITFELD

[/vc_column_text][supro_empty_space height=”35″][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][supro_empty_space height_mobile=”40″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column][supro_empty_space height=”90″ height_tablet=”50″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”261″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.

[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”253″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.

[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”255″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.

[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”256″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.

[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”257″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.

[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”258″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.

[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]

[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”259″ img_size=”1170×500″][supro_empty_space height=”94″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

[/vc_column_text][supro_empty_space height=”40″][vc_column_text]The shift will see Kering reduce its stake to 16 percent from 86 percent, with Kering shareholder Artemis winding up with a 29 percent stake in the sports brand, and about 55 percent of Puma’s stock free-floating on the stock market. [/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]

When you love fashion, there is no weekend. Everything just blends together.

[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][vc_column_text]Jean-Marc Duplaix, Kering’s chief financial officer, said that the group chose not to sell Puma outright in order to avoid a lengthy sale process that would destabilise the brand, which has seen revenue growth owing in part to its high-profile collaboration with Rihanna.[/vc_column_text][supro_empty_space height=”90″][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”259″ img_size=”570×570″][/vc_column][vc_column width=”1/2″][vc_single_image image=”255″ img_size=”570×570″][/vc_column][/vc_row][vc_row][vc_column width=”2/12″][/vc_column][vc_column width=”8/12″][supro_empty_space height=”90″][vc_custom_heading text=”Learn how to motivate yourself” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837706807{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]François-Henri Pinault, chief executive officer and chairman, added that the distribution is a “significant milestone” in the company’s history: “Kering dedicating itself entirely to the development of its luxury houses, whose enduring appeal, built on creative audacity and innovativeness, will allow us to continue to gain market share and create value,” he said.[/vc_column_text][supro_empty_space height=”38″][vc_custom_heading text=”Enhance your life by having a sense of purpose” font_container=”tag:h4|font_size:20|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1527837731990{margin-top: 0px !important;margin-bottom: 0px !important;}”][supro_empty_space height=”38″][vc_column_text]We are proud to have supported the turnaround of Puma, which now has unrivalled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth.[/vc_column_text][/vc_column][vc_column width=”2/12″][/vc_column][/vc_row]