ALSO READExclusive: Kering evaluating Puma options including spin to shareholders - sources Saint Laurent ventures online in China as luxury portals take off Claws are out in logo row between Puma and fashion designer Plein Puma relishes Rihanna brand impact, fears discounts Rihanna creations help lift Puma sportswear sales
"Having more brands in the portfolio is not the focus at the moment," Bjorn Gulden told journalists during a conference call after French conglomerate Kering announced late on Thursday that it planned to spin off Puma to its shareholders.
Gulden said there were very few operational synergies with Kering.
(Reporting by Emma Thomasson; Writing by Maria Sheahan)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)