“She’s back,” read a brief statement from Puma chief executive Arne Freundt in a one-line press release issued by the German sportswear giant on Wednesday, confirming the tie-up.
The star — who was in attendance at the luxury brand’s January menswear show in Paris — announced the news to his 44 million Instagram followers in a joint post with the brand.
The former Asos executive is the latest hire to join the leadership team under chief executive Nick Beighton, and will oversee all creative output at the luxury retailer, the company said in a statement Tuesday.
The activewear giant opened legal proceedings on Monday, alleging that the Canadian sportswear brand’s Blissfeel, Chargfeel Low, Chargfeel Mid and Strongfeel sneakers infringe patents related to textile and other design elements of its footwear.
The shapewear, intimates and loungewear label has recruited Robert Norton, formerly president of Moncler Americas, to the newly created role, the company confirmed in a LinkedIn post Monday.
Apax Partners, the private equity firm which acquired the luxury retailer in 2017, has agreed to inject £60 million ($74.2 million) into the business, a spokesperson for the company confirmed Monday.
The UK-based activewear brand made the job cuts as part of a restructuring at its US offices in Denver, a spokesperson for the company told BoF on Thursday.
The UK-based luxury resale company announced the £7.5 million ($9 million) raise Monday.