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 and ...
Gucci-owner Kering's sales fell 3% on a comparable basis to 3.9 billion euros ($4.64 billion) in the fourth quarter, a slight beat according to FactSet estimates. Its flagship label Gucci posted a 10% ...
Gucci sales fell less than expected in the final months of 2025 as Kering's new CEO Luca de Meo pushes to revive the luxury group’s biggest brand. Bloomberg Opinion columnist Andrea Felsted analyzes ...
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The job that broke Gucci also built Hermès
In fashion, the creative director sits alongside the CEO, occasionally as the more powerful of the two.
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