Is Kering Looking to Sell PUMA?

Gucci parent company Kering has largely eliminated its sports and lifestyle division in recent years (selling footwear label Tretorn in 2015) and now it's offloaded yet another subsidiary: snow-goggle manufacturer Electric. Originally acquired alongside Volcom back in 2011, Electric brought in just $25 million USD in sales last year -- meaning it more than likely failed to turn a profit. Which has analysts wondering: could PUMA be next? Despite the additions of both Rihanna and Kylie Jenner to t...