Investor optimism grows as Kering names Luca de Meo CEO

By Reuters Published July 30, 2025 Shares in French luxury group Kering rose on Wednesday as investors reacted positively to the company’s leadership changes and new strategic direction aimed at reviving growth. The uptick came despite weak second-quarter results, particularly from Gucci. Kering stock rises as Luca de Meo named CEO – Reuters Following this…

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Kering’s debt burden grows as Gucci strategy falters

By Reuters Published May 28, 2025 In an effort to reduce Kering’s overreliance on its struggling flagship label Gucci, French billionaire François-Henri Pinault may have triggered a new crisis. A series of acquisitions has significantly increased the group’s debt load just as the luxury industry enters a prolonged downturn. Reuters Managing that debt has become…

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