French luxury conglomorate Kering are updating their collection of brands including Puma with new slogan – “Forever Faster“. Dependant on the success of the brand they’re looking to possibly invest in more sports names to improve their portfolio and justify the current investments in this category.
“The portfolio of our sports brands is not finished,” CEO Francois-Henri Pinault told Bloomberg. “We’ve started it but, until Puma is on track, we won’t make any acquisitions. Let’s say two, three years from now, we will look again to try and strengthen that portfolio.“
We’re looking forward to seeing the updated Puma and seeing what else Kering will be investing in. Let us know your opinions below!
