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​Puma confirms François-Henri Pinault departure from board of directors

London - Puma has confirmed that François-Henri Pinault is no longer a member of its newly elected Puma board of directors, reviving speculation that it parent company Kering has begun to explore options for a sale of the sportswear label. "We confirm that Mr. Pinault is not a member of the newly elected Puma Board of Directors. Mr. Thore...

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Business

Kering introduces minimum maternity leave time

London - Luxury conglomerate Kering is set to introduce a new parental policy for all its employees across the global, which includes a minimum of 14 weeks full pay maternity leave. Effective from January 1, 2017, Kering parental policy will offer all 38,500 employees, with more than year’s seniority, 14 weeks full pay maternity and adoption...

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