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Kering Shares Soar as Renault CEO Luca de Meo Set to Join the Luxury Giant
2025-06-17 /
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Author：小编
Luca de Meo, the current CEO of Renault, is poised to assume the helm at Kering, aiming to tackle industry challenges head-on. This announcement has sparked a remarkable nearly 10% surge in Kering's share price, representing its most significant gain in over two months. Notably, Kering's Chairman, Francois-Henri Pinault, will continue to hold his position, with the roles of CEO and Chairman being separated for greater clarity and focus. The move comes amidst recent struggles for Kering's flagship brand Gucci and the broader challenges posed by US tariffs on the luxury goods industry, which could have been a catalyst for Pinault's decision to restructure the leadership.
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