Kering's Sporting-Goods Disposal May Signal Eventual Puma Exit

  • Kering sells goggle maker to group led by U.S. brand's CEO
  • Deal could spell end of sports unit, MainFirst analyst says

French luxury group Kering continued to dismantle its sports and lifestyle unit with another disposal, boosting speculation the owner of Gucci may exit Puma, the ailing German shoemaker it bought in 2007.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.