PARIS (Reuters) -Francois-Henri Pinault, chairman of the privately-owned holding company Artemis that controls Gucci-owner Kering, said on Tuesday that Artemis’ 29% stake in sportswear maker Puma was “not strategic.”
Asked about reports that the holding company was sounding out buyers for its $1 billion puma stake, Pinault said at an extraordinary shareholders meeting: “We retain all options regarding this asset.”
(Reporting by Tassilo Hummel and Mimosa Spencer; Writing by GV De Clercq; Editing by Makini Brice)
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