Auto veteran de Meo's departure as CEO of Renault was confirmed Sunday, ... Sales at Gucci, which make up nearly has of group revenues, led losses, falling 25% on a comparable basis.

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 Los Angeles News for free, 24/7, wherever ...

It comes as the owner of beleaguered brands Gucci and Saint Laurent embarks on the latest phase of its turnaround effort. Auto veteran de Meo's departure as CEO of Renault was confirmed Sunday ...

Shares of French fashion house Kering popped 7% on Monday on reports that it has appointed industry outsider Luca de Meo as group CEO. It comes as the owner of beleaguered brands Gucci and Saint ...

French luxury group Kering announced Monday that it had appointed Luca de Meo, who helped drive automaker Renault out of crisis, its new chief executive as it tries to turn around the fortunes at ...

Splitting Roles. The shakeup at Kering comes after its shares erased nearly 80% of their value since reaching a record in August 2021. The group has sought to turn around Gucci, which accounts for ...

French luxury group Kering announced Monday that it had appointed Luca de Meo, who helped drive automaker Renault out of crisis, its new chief executive as it tries to turn around the fortunes at ...

Kering, the struggling French luxury group behind Gucci, is set to name Renault RNO-6.37 % decrease; red down pointing triangle Chief Executive Luca de Meo as its new chief executive, taking over ...