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News briefs

Kering, Valentino, The Macallan and Neiman Marcus Group

June 1, 2021

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.

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