Luca de Meo
Will the Kering Hope Trade Hold Up?
In this week’s High Margin newsletter: Kering shares pop off again as its sales decline slows — despite a lack of clarity on Gucci’s next steps.
Will the Kering Hope Trade Hold Up?
In this week’s High Margin newsletter: Kering shares pop off again as its sales decline slows — despite a lack of clarity on Gucci’s next steps.
Kering Pledges Return to Growth Despite Sweeping Store Closures
The French luxury conglomerate’s quarterly sales fell less than expected ahead of Demna’s high-stakes Gucci debut.
Kering Pledges Return to Growth Despite Sweeping Store Closures
The French luxury conglomerate’s quarterly sales fell less than expected ahead of Demna’s high-stakes Gucci debut.
What Happens for Luxury If AI Goes Bust?
Investors are worried about the scale and concentration of US’ AI investment ahead of Nvidia’s earnings Wednesday night. A correction would have big consequences for high-end brands. Plus: Kering’s leaked strategy memo, Azzedine Alaïa’s Dior archive, highlights from BoF VOICES.
What Happens for Luxury If AI Goes Bust?
Investors are worried about the scale and concentration of US’ AI investment ahead of Nvidia’s earnings Wednesday night. A correction would have big consequences for high-end brands. Plus: Kering’s leaked strategy memo, Azzedine Alaïa’s Dior archive, highlights from BoF VOICES.
Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo
Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.
Kering Must Downsize, Reduce Gucci Exposure and Chase Synergies, CEO de Meo Says in Memo
Luca de Meo calls for store closures, recalibrated pricing and a push to grow brands beyond Gucci as the group works to return to sustainable growth.
Report: Kering and Mayhoola to Inject €100 Million Into Valentino
The French group and the Qatari investment fund have agreed to shore up the Italian fashion house’s finances after it breached loan covenants earlier this year, according to a corporate document and two sources familiar with the matter.
Report: Kering and Mayhoola to Inject €100 Million Into Valentino
The French group and the Qatari investment fund have agreed to shore up the Italian fashion house’s finances after it breached loan covenants earlier this year, according to a corporate document and two sources familiar with the matter.
Kering’s Investor Pullback, Shein vs. France’s Fashion Establishment
Analysts are urging caution on the Gucci owner’s turn-around, while a push into retail by the Chinese ultra-fast fashion giant is ruffling feathers in Paris.
Kering’s Investor Pullback, Shein vs. France’s Fashion Establishment
Analysts are urging caution on the Gucci owner’s turn-around, while a push into retail by the Chinese ultra-fast fashion giant is ruffling feathers in Paris.
How the Kering-L’Oréal Deal Rocked Fashion and Beauty
This week, Kering agreed to sell off its beauty unit to L’Oréal for $4.6 billion in a transaction that’s seismic for both groups. But its ripple effects will be felt further afield, too.
How the Kering-L’Oréal Deal Rocked Fashion and Beauty
This week, Kering agreed to sell off its beauty unit to L’Oréal for $4.6 billion in a transaction that’s seismic for both groups. But its ripple effects will be felt further afield, too.
Kering Sales Beat Expectations as Investors Bet on Comeback
Sales at flagship brand Gucci fell by 14 percent in the third quarter with overall group sales down 5 percent.
Kering Sales Beat Expectations as Investors Bet on Comeback
Sales at flagship brand Gucci fell by 14 percent in the third quarter with overall group sales down 5 percent.
Luxury Stocks’ Nascent Revival Is About to Face Earnings Test
The sector faces significant challenges including an uneven economic recovery in China, a stronger euro, and a lack of innovation, leading analysts to predict a slow recovery.
Luxury Stocks’ Nascent Revival Is About to Face Earnings Test
The sector faces significant challenges including an uneven economic recovery in China, a stronger euro, and a lack of innovation, leading analysts to predict a slow recovery.
Gucci’s Demna Debut Boosting Store Traffic
The brand has successfully harnessed the designer’s buzzy Milan fashion week presentation to draw shoppers back to its stores in the key US market, after years of lackluster sales, data shows.
Gucci’s Demna Debut Boosting Store Traffic
The brand has successfully harnessed the designer’s buzzy Milan fashion week presentation to draw shoppers back to its stores in the key US market, after years of lackluster sales, data shows.