News

Kering will propose a 20 million euros ($22.89 million) signing-on bonus for its new CEO Luca de Meo, adding to an overall ...
While Gucci and Saint Laurent saw double-digit declines, Bottega Veneta, Kering Eyewear and Kering Beauté posted modest ...
The French luxury group is preparing for the arrival of new CEO Luca de Meo by ramping up store closures, but has no plans to ...
S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said ...
Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...
The former Renault chief could receive a signing bonus of €20 million upon joining the luxury group, along with an annual ...
Luca de Meo said: “I would like to thank François-Henri Pinault and the Board of Directors for choosing me to lead Kering into this new phase of development. I am approaching this new ...
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.
Shares of French luxury group Kering jumped over 10% on Monday after reports emerged that Renault CEO Luca de Meo is set to become the company’s next chief executive. Renault confirmed Sunday ...
As the new chief executive officer of Kering effective Sept. 15, Renault executive Luca de Meo is expected to bring a fresh vision to a luxury sector facing myriad headwinds and “structural changes.” ...
Luca de Meo won’t arrive as Kering’s new chief executive officer until mid-September, but luxury analysts are already drafting a to-do list for him. In a research note Wednesday, Bernstein analyst ...
Luca de Meo said: "I would like to thank François-Henri Pinault and the Board of Directors for choosing me to lead Kering into this new phase of development. I am approaching this new professional ...