Shares of Kering, the luxury-goods company behind Gucci, Yves Saint Laurent and other brands, rallied as much as 10% on Monday after reportedly luring Renault’s chief executive to run the company.

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 ...

Could Kering recruit an executive from the automobile industry to lead its turnaround? The French luxury group declined all comment Sunday on a report in French daily Le Figaro that it is poised ...

A year and a half after blowing up New York City’s investment sales market, Kering is looking to unload a stake in its big acquisition on Fifth Avenue. The French luxury group is in exclusive ...

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 ...

File Photo PARIS | MILAN: Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it bought just over a year ago, two people ...

LONDON (Reuters) - News of Renault Chief Executive Luca de Meo's decision to leave the French carmaker and sources saying he is being lined up to take charge at luxury goods group Kering has ...

(Reuters) -Gucci owner Kering is reported to be close to appointing Renault's ex-boss Luca de Meo as its new CEO. According to sources, current Kering chief Francois-Henri Pinault, whose family ...

Renault Boss De Meo Quits; Report Says He Will Head Gucci-Owner Kering By Tassilo Hummel PARIS (Reuters) -Renault CEO Luca de Meo is leaving the French carmaker to pursue a role outside the auto ...

Exclusive-Gucci Owner Kering in Talks to Sell Stake in $1 Billion Fifth Avenue Property, Sources Say By Elisa Anzolin and Mathieu Rosemain PARIS/MILAN (Reuters) -Gucci owner Kering is in exclusive ...

Entain gains after BetMGM raises annual forecast Kering hires Renault boss Luca de Meoas as CEO Bank of England, US Federal Reserve rate decisions this week June 16 (Reuters) - European shares ...