LUXURY is out of fashion. The sector is facing a perfect storm. Chinese spending, the industry’s growth engine for so long, ...

Under current Chairman and CEO Francois-Henri Pinault, Kering bought a 30 per cent stake in Valentino for 1.7 billion euros ...

Luxury group Kering’s partner in Valentino was quick to rule out a newspaper report on Friday that the two were considering selling the Italian fashion label.

Fear stalks the luxury goods industry, but a fightback is currently being led by LVMH and the other names - hinting that it ...

French carmaker Renault on Tuesday made its British chief financial officer Duncan Minto its interim CEO as it works to find ...

French automobile corporations Renault appointed Duncan Minto as interim CEO on the 16th. This follows the resignation of CEO Luca De Meo, who moved to Kering Group, the parent company of Gucci.

Bernstein luxury analyst Luca Solca thinks Luca de Meo should fix the management organization, and curb debt levels.

The company said that the search for a permanent CEO is “well underway” after the recent departure of Luca de Meo.

Renault cut its guidance for this year's operating margins to 6.5% from around 7% earlier. Additionally, the company also cut ...

Shares in Renault plunged over 16% on Wednesday after the French carmaker slashed its 2025 financial guidance and named finance chief Duncan Minto as interim chief executive.

Renault SA sank the most since March 2020 after the French automaker slashed its profitability outlook and named company ...