From cars to couture: Kering appoints Renault’s Luca De Meo to lead Gucci; French high-fashion brand hopes for revival
Monday, 16 June 2025 () Kering has appointed Luca de Meo, renowned for revitalizing Renault, as its new CEO to revive Gucci. This strategic move follows a significant drop in Kering's revenue and profit, largely attributed to Gucci's declining sales. De Meo's track record of turning around struggling companies has raised cautious optimism among analysts, hoping for a similar transformation at Gucci.
Monday, 16 June 2025 ()
