French high end fashion group Kering appointed Luca de Meo, the man behind rescuing carmaker Renault from crisis, as its new chief executive to steer the company’s struggling flagship brand ...

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 ...

Kering’s Italian Gucci brand accounts for almost two-thirds of its profit. Also, De Meo “has a strong track record as a turnaround executive and is very well regarded within the automotive ...

PARIS -Parvus Asset Management, a hedge fund registered in Britain, has raised its stake in Kering, a filing by France's financial regulator showed on Friday, now holding around 5% of the group's ...

Kering Group, owner of Gucci, Saint Laurent and Bottega Veneta brands, plans to open a minimum of 10 stores across a diverse brand portfolio in China annually to bolster its growth, said a senior ...