Global luxury group Kering will be the new presenting sponsor of the Palm Springs International Film Awards, the Palm Springs International Film Society announced Thursday. The awards are skedded ...

PARIS, June 27 - Parvus Asset Management, a hedge fund registered in Britain, has acquired 5% of the share capital and 3.5% of the voting rights of luxury group Kering, a filing by France's ...

Gucci parent, Kering, appointed Renault's former CEO, Luca de Meo, as its chief executive, as the company struggles to improve its weak performance.

Luca de Meo is leaving Renault and the automobile industry after five years at the helm of the company. He will take on the role of CEO at luxury group Kering, which is struggling to revive its ...

Kering shares gained around 5% on trading platform Tradegate by 0606 GMT and Renault shares fell around 3%. De Meo will leave Renault in mid-July for a new role outside the auto industry, Renault ...

Kering has struggled to turn things around at Gucci, the Italian fashion house famous for its handbags and which accounts for half of the group's overall sales. The new chief executive will take ...

Gucci owner Kering said it was hiring Renault boss Luca de Meo as its new CEO to help revive the debt-laden luxury conglomerate, confirming reports that sent its shares soaring and those of ...

Shock at Renault: Shares plunge as CEO reportedly departs to Gucci-owner Kering CEO of Renault Group, Luca de Meo, speaks at the Vivatech show in Paris, France, Wednesday, June 14, 2023.

Gucci owner Kering bets on crisis specialist de Meo to lead revival Stock Markets Published 06/16/2025, 11:10 AM Updated 06/16/2025, 01:17 PM ...

By Mimosa Spencer and Gilles Guillaume PARIS (Reuters) -Gucci owner Kering (EPA: PRTP) said it was hiring Renault (EPA: RENA) boss Luca de Meo as its new CEO to help revive the debt-laden luxury ...

After impressing with his turnaround of French automaker Renault, Luca De Meo is widely expected to be named as the new boss of Gucci owner and luxury powerhouse Kering.