News

S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said ...
About 1,000 unionized Gucci employees are threatening to strike over unpaid welfare bonuses promised by parent company Kering ...
Employees at fashion house Gucci in Italy are threatening strike action, accusing the Kering-owned brand of denying them a ...
The deal could help the French luxury group cut its debt, which ballooned to more than 10 billion euros in 2024, following a ...
Renault has confirmed the appointment of François Provost as its new CEO, following the departure of Luca de Meo. Car Dealer ...
Renault appoints Francois Provost as CEO after Luca de Meo’s exit, facing EV pressure, trade risks, and a $10.97B ...
French automaker Renault said Thursday that the tough retail and commercial van market in Europe had squeezed profits ...
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 ...
The company’s beauty arm, Kering Beauté, bucked the overall downturn in income as first-half revenues rose 9% to €150m through strong sales of Creed fragrances ...
Renault said it appointed Francois Provost as its new chief executive, picking a company veteran who most recently was procurement head to steer the French carmaker through a tough automotive market.
French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief ...
PARIS — Kering is ramping up its cost-cutting efforts as it prepares to welcome new chief executive officer Luca de Meo, who has a reputation as a “cost killer” specialized in turning around ailing ...