Artemis news and archive

Reports: Giambattista Valli at risk of closure

The Giambattista Valli, an Italian-French fashion brand is reportedly facing a complex period that could lead to its closure. According to reports from Italian daily newspaper Il Foglio, this is due to debts far exceeding the label's turnover. “We do not know if we will make it to spring,” a company executive told the newspaper founded by...

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Puma stock falls as major shareholder weighs options

Puma shares fell by 4 percent on Tuesday afternoon. This followed a statement by majority shareholder François-Henri Pinault that he was keeping all options open for his investment company Artemis regarding its stake in the sportswear manufacturer. Artemis holds 29 percent of Puma. Pinault made this statement at the annual general meeting of...

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French luxury giant buys control of talent titan CAA

Artemis, the investment arm of the French billionaire Pinault family, reached an agreement to acquire a majority stake in US talent giant Creative Artists Agency, the companies announced Thursday. Terms were not disclosed in the deal in which Artemis, the owner of Kering luxury group, will purchase the stake from global investment heavyweight...