PUMA is currently majority-owned by France’s billionaire Pinault family.
Disbanded eight months before it was originally expected to end.
Expected to focus on AI development in engineering, computer manufacturing as well as for spacecrafts and automobiles.
Skims is expecting to surpass $1 billion USD in sales this year.
A potential strategic divestment.
WBD has claimed that it has received “unsolicited interest” from various parties.
Taking over a beauty portfolio that gives L’Oréal control over Kering’s fashion names in fragrance, makeup and more.
Signing a five-year exclusive deal.
Even though its fashion and leather goods business saw a decline.
Amidst the brand’s turnaround led by CEO Elliott Hill.
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