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![Francois-Henri Pinault (L) chairman and CEO of the French luxury goods group PPR and Jochen Zeitz, CEO of German sports goods firm Puma smiles during a news conference in Nuremberg April 12, Francois-Henri Pinault (L) chairman and CEO of the French luxury goods group PPR and Jochen Zeitz, CEO of German sports goods firm Puma smiles during a news conference in Nuremberg April 12,](https://c8.alamy.com/zooms/9/60b1bf9702394874bd413be94cab369b/2e7jjck.jpg)
Francois-Henri Pinault (L) chairman and CEO of the French luxury goods group PPR and Jochen Zeitz, CEO of German sports goods firm Puma smiles during a news conference in Nuremberg April 12,
![Puma AG CEO Jochen Zeitz (R) welcomes French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault for a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and Puma AG CEO Jochen Zeitz (R) welcomes French luxury group Pinault-Printemps-Redoute's (PPR) chairman Francois-Henri Pinault for a press conference in Nuremberg, Germany, Thursday 12 April 2007. PPR, owner of the Gucci and](https://c8.alamy.com/comp/DAWF8M/puma-ag-ceo-jochen-zeitz-r-welcomes-french-luxury-group-pinault-printemps-DAWF8M.jpg)