June Ambrose news and archive

Kering offloads further stake in Puma

Kering has divested a 5.9 percent stake in sporting giant Puma. The luxury group led by François-Henri Pinault announced it sold its shares for a value of 655.6 million euros, corresponding to a share price of 74.50. The sale leaves Kering with a reduced 9.8 percent share of the sportswear company. In the past few years Kering began divesting...

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Puma partnering with stylist June Ambrose

Sportswear brand Puma has announced that June Ambrose, Jay-Z and Missy Elliott’s longtime stylist, is its newest creative partner with her first products for the brand expected in 2021. Ambrose will focus on creating “premium offerings that merge style with performance,” explained the sportswear brand in a statement, with pieces it adds that...