![Puma is one of the leading sports footwear marketers worldwide. Image credit: Puma](https://cache.luxurydaily.com/wp-content/uploads/2020/10/puma-100620.jpeg)
Kering has sold a 5.9 percent stake in sports footwear brand Puma for $769.2 million, freeing up cash for the French luxury conglomerate.
Kering has sold a 5.9 percent stake in sports footwear brand Puma for $769.2 million, freeing up cash for the French luxury conglomerate.