The Pinault family is reportedly considering selling their stake in Puma.

According to sources, the Pinault family has been in contact with potential buyers of Puma, as the German sports brand's market value has shrunk by about half over the past year. This billionaire family holds 29% of Puma through Artmis, and sources say they are working with advisors, possibly to facilitate the sale of the company. The Pinault family has reached out to potential bidders like Anta Sports and Li Ning to assess their interest in acquiring Puma. Sources also say they have explored other sportswear companies in the United States and sovereign wealth funds in the Middle East. After the news was released, Puma's stock price surged by 20% in the German market, marking the largest increase since October 2001. The company's market value is approximately 3.2 billion euros. Sources state that negotiations are still ongoing, and there is no guarantee that a deal will be reached.