Shares of Kering jumped Monday after reports trickled out beginning Sunday that Kering planned to tap Luca de Meo as its new CEO. The stock closed 13.5% higher.

(Reuters) -Gucci owner Kering is planning to appoint Luca de Meo, currently CEO of French carmaker Renault, as its new chief executive, according to a report in newspaper Le Figaro.

Shares of French fashion house Kering popped as much as 10% on Monday on reports that it has appointed industry outsider Luca de Meo as group CEO. Stream NBC 5 for free, 24/7, wherever you are. It ...

Gucci accounts for about half of Kering’s sales and two-thirds of operating profits. A turnaround at the brand has stalled ...

Gucci's parent company, Kering, appointed Renault's former CEO, Luca de Meo, as its chief executive. De Meo is set to start the new role in September. Kering has faced a difficult few quarters ...

Luca de Meo will take the reins in September after shareholders approve the change in the governing structure that will see the chief executive and board chairman roles split at the group ...

According to Le Figaro newspaper, de Meo will become the new chief executive of French luxury group Kering, owner of Gucci, Yves Saint-Laurent, Balenciaga and other premium brands.

Gucci Owner Picks Auto Executive for One of Global Luxury’s Top Jobs Renault’s Luca de Meo faces a ‘titanic challenge’ at Kering, analyst says By Nick Kostov Share Resize ...

Shares of Kering popped on reports that it has appointed industry outsider Luca de Meo as group CEO. The French fashion house, which owns beleaguered brands Gucci and Saint Laurent, is embarking ...

Kering, the struggling French luxury group behind Gucci, is set to name Renault RNO -6.37% Chief Executive Luca de Meo as its new chief executive, taking over from Francois-Henri Pinault, people ...

"After five years leading Renault Group, Luca de Meo has announced his decision to leave his position," said a company statement, adding that his departure would take effect on July 15.

Shares of Kering popped on reports that it has appointed industry outsider Luca de Meo as group CEO. The French fashion house, which owns beleaguered brands Gucci and Saint Laurent, is embarking ...