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Kering, Valentino, The Macallan and Neiman Marcus Group

The Valentino Code Temporal haute couture show in Rome in January 2021. Image courtesy of Valentino

 

Luxury Daily’s live news for May 28:

Kering sells more Puma shares for $980M
French luxury conglomerate Kering has sold a 5.9 percent share of German sportswear company Puma for about 805 million euro, or $980.6 million at current exchange.