Gucci sales plummeted again in Kering’s most recent quarter, underlining the scale of the challenge facing the French luxury group’s new chief executive Luca de Meo.

"The market is trying to look forward and anticipate future improvements," Bernstein analyst Luca Solca said, after the Gucci parent reported after Tuesday's market close a 15% drop in quarterly group ...

In an attempt to revive declining sales and cut debt, Kering has appointed former Renault chief executive Luca de Meo to head of the whole group from September - the first outsider to run the company ...

French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as chief executive following Luca de Meo's departure in June.Procurement director ...

Luca de Meo, formerly the head of Renault, has been appointed as the new Chief Executive Officer of Kering, with expectations that he will outline a strategic recovery plan after he officially ...

Jacopo Venturini is stepping down as CEO of Valentino after five years, the Roman house announced on Thursday. Valentino said ...

De Meo quit in June to take over at French fashion conglomerate Gucci, prompting criticism from some unions that he was abandoning his efforts to reposition Renault for the coming challenges after ...

S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, the ratings agency said on Monday, after sales of Kering's Gucci brand and other products declined ...

François Provost substitui Luca de Meo aos comandos da Renault. E as acções caíram Quarenta e cinco dias após Luca de Meo deixar a direcção da Renault, o grupo nomeou para o seu lugar ...

“Luca de Meo will not take up his post until September 15, and it’s unlikely that he will present his strategic plan before the publication of full-year results, expected in February 2026 ...

Gucci’s sales dropped 26 percent in the first half to 3.03 billion euros, for an operating profit of 486 million euros ― down 52 percent. ‘Vigilance’ But investors may have to wait for a recovery plan ...