Kering SA is set to award a €20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive ...

Gucci sales plunged as shoppers turned away from Kering’s largest brand that’s undergoing a second design revamp in three years.

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 ...

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 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.

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 ...

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 ...

(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.

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 ...

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 ...