PPR sticks to Puma

2012-04-27T00:00:00

PPR, the French luxury, sport and retail group that owns slightly more than 80 percent of Puma's shares, dismissed rumors that it might sell the German sports company after its unconvincing quarterly performance. PPR's chief financial officer, Jean-Marc Duplaix, admitted in a conference call that Puma had been under-performing in ...

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