Business Luxury group Kering trims Puma stake with 500 million euro bond Updated : September 25, 2019 03:36 PM IST Kering, which owns fashion brands like Gucci, Saint Laurent and Balenciaga, still has a 15.7 percent stake after spinning off 70 percent of Puma to its shareholders last year. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.