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 ...

Renault’s share prices had dropped by 6.9% by early afternoon in Paris, while Kering was traded 9.6% higher, as Luca de Meo, the Italian CEO of Renault Group, suddenly resigned from his post on ...

Meanwhile, Renault shares were losing around 8% in Paris after the company confirmed the resignation of the CEO. Shares of Kering, the Gucci owner, ...

PARIS (Reuters) -Renault CEO Luca de Meo is leaving the French carmaker to pursue a role outside the auto industry, the company said on Sunday, and newspaper Le Figaro reported he would become the new ...

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 ...

Renault SA lowered its profitability outlook for the year and named its finance chief Duncan Minto its interim chief ...

Reuters. FILE PHOTO: Renault Group's CEO Luca de Meo attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024.

The head of French carmarker Renault, Luca de Meo, is to quit "to take on new challenges outside the automobile sector", the company said on Sunday. "After five years leading Renault Group, Luca de ...

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. It comes as the owner of beleaguered brands Gucci ...

Renault’s share prices had dropped by 6.9% by early afternoon in Paris, while Kering was traded 9.6% higher, as Luca de Meo, the Italian CEO of Renault Group, suddenly resigned from his post on Sunday ...