Gucci owner Kering said it was hiring Renault boss Luca de Meo as its new CEO, confirming reports that sent its shares soaring and those of Renault to multi-year lows earlier on Monday. The ...

Shares of Gucci-owner Kering pop 10% on reports Renault's de Meo to be next CEO By Karen Gilchrist, CNBC • Published June 16, 2025 • Updated on June 16, 2025 at 7:23 am ...

In a report on Kering's investment grade credit rating, S&P analysts highlighted weakening consumer demand for the French ...

FILE PHOTO: Renault Group's CEO Luca de Meo attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo ...

(RTTNews) - Shares of Kering SA, the Gucci owner, were gaining around 11 percent in the Paris trading after media reported that the French luxury group is set to appoint Luca de Meo, the Chief ...

The head of French carmarker Renault, Luca de Meo, is to quit "to take on new challenges outside the automobile sector", the company said on Sunday. "After five years leading Renault Group, Luca de ...

The French fashion house, which owns beleaguered brands Gucci and Saint Laurent, is embarking on the latest phase of its turnaround. Auto veteran de Meo's departure as CEO of Renault was confirmed ...

The French fashion house, which owns beleaguered brands Gucci and Saint Laurent, is embarking on the latest phase of its turnaround. Auto veteran de Meo's departure as CEO of Renault was confirmed ...

Kering shares were trading up 7.2% by 8:34 a.m. London time as investors and analysts cheered the reports. Renault shares, meanwhile, shed 7%. "Brand management and marketing are [de Meo's] forte ...