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BRIEF-Kering says will not be looking at Puma options in short-term
October 24, 2017 / 5:55 PM / in 2 months

BRIEF-Kering says will not be looking at Puma options in short-term

Oct 24 (Reuters) - Kering CFO

* Says on conference call Balenciaga has potential to reach 1 billion euros in sales in the mid-term

* Says still confident on Gucci performance in 2018 in spite of tougher comparisons and foreign exchange climate

* Says Puma remains a non-strategic asset, but Kering not likely to consider options for the business in the short-term

* Says M&A is not on the agenda, company focused on organic growth Further company coverage: (Reporting by paris.newsroom@thomsonreuters.com)

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