[ad_1] Kering is holding superior talks with Qatar’s royal household to promote a Milan luxurious property, Italian newspaper Il Corriere della Sera mentioned.Kering might promote a majority stake within the firm that owns the constructing it purchased in 2024 for €1.3 billion ($1.5 billion), the newspaper reported, with out saying...
Report: Kering to Name Renault Boss Luca de Meo CEO
[ad_1] Renault chief govt Luca de Meo is leaving the French carmaker to pursue “new challenges”, the corporate stated on Sunday, and newspaper Le Figaro reported he would turn out to be the brand new CEO of Gucci-owner Kering.De Meo, an Italian recognized for his power, led the French carmaker...
Kering Facing Drop in US Consumption, CEO says
[ad_1] Gucci-owner Kering has seen a stark decline of demand for its luxurious and style items in the US, its chief govt François-Henri Pinault advised French senators at a parliamentary listening to on Tuesday.“The drop in consumption, which has been occurring for a number of weeks now, is kind of...