Finance News – Kering
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Gucci sales plunge 25% in the second quarter as woes persist at luxury giant Kering
The substantial decline in Gucci’s revenue, representing a significant portion of the overall group income, highlights ongoing financial challenges affecting the luxury conglomerat...
Read Full Article →Shock at Renault: Shares plunge as CEO reportedly departs to Gucci-owner Kering
Renault experienced a notable decline in its stock value after news emerged that its CEO, Luca de Meo, is leaving the company to join the luxury goods firm Kering.
Read Full Article →Shares of Gucci-owner Kering pop 10% on reports Renault's de Meo to be next CEO
Kering experienced a notable increase in stock value as market participants responded positively to the news of Luca de Meo, an industry outsider, taking the helm as the company's...
Read Full Article →Kering shares surge on reports it’s luring auto exec to run Gucci maker
Kering experienced a notable increase in its stock value following news that it may appoint Renault's top executive to lead the luxury fashion conglomerate, reflecting investor opt...
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