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 ...

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.

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.

French Luxury Giant Kering Taps Auto Executive as Its New Leader The former chief executive of the carmaker Renault will replace François-Henri Pinault as the struggling company seeks a turnaround.

Renault RNLSY shares plunged on Monday while Kering PPRUF soared as investors digested reports that the French carmaker’s chief executive, Luca de Meo, was poised to become head of the French ...

PETALING JAYA: Dialog Group Bhd had won a 14-years production sharing contract from Petroliam Nasional Bhd (PETRONAS), for the development of the Mutiara Cluster field in Sabah.

Kering remains in a deep drawdown, lagging peers with no signs of a turnaround as sales and brand appeal continue to decline. Recent management changes are underwhelming and unlikely to drive the ...

Kering said it acquired Italy’s Lenti, building on the industrial development strategy of the luxury group’s eyewear business. The acquisition, for an undisclosed sum, represents an ...

ROME (Reuters) -Kering Eyewear has agreed to buy Italian sunglass lens maker Lenti from Safilo, the unit of French luxury group Kering said on Tuesday, as it pushes for greater control of its ...

Kering’s shares are down 47.4% over the last year. If it’s any solace to Kering, it won’t be the first company to be booted from a stock index over lackluster performance.