According to Reuters, Frasers Group, a British holding company that owns Sports Direct, which recently acquired a majority stake in Maxi Sport, has acquired a stake close to 6% of Puma, becoming the second largest shareholder of the brand. The move comes after a complicated year for the German brand, which reported a net lossContinue reading “Frasers Group becomes the second largest shareholder of Puma with a stake close to 6%”