Streetbeat News

PPRUF

Kering

https://www.kering.com/

CEO

Francois-Henri Pinault

Industry

Hosiery and Sock Mills

Open

284.00

Mkt cap

33B

Volume

High

284.00

P/E Ratio

28.07

52-wk high

479.43

Low

270.00

Div yield

0.04

52-wk low

212.00

Kering SA has appointed Stefano Cantino as deputy CEO of Gucci to revitalize the brand. Cantino, with extensive experience at Louis Vuitton and Prada, will assume his role on May 2, reporting to Gucci's President and CEO, Jean-François Palus. This move comes as Gucci seeks to improve its performance, which has lagged behind competitors.

Portfolio Pulse from Shivani Kumaresan

April 11, 2024 | 1:33 pm

Kering SA announced the departure of Gucci CEO Marco Bizzarri effective September 25. Jean-Francois Palus, the current managing director, will take over as CEO and president for a transitional period. Francesca Bellettini, current President and CEO of Yves Saint Laurent, has been appointed as Deputy CEO. The company also disclosed other top management changes.

Portfolio Pulse from Lekha Gupta

July 19, 2023 | 10:23 am

Kering SA has announced the acquisition of luxury fragrance brand Creed for an undisclosed cash amount. The acquisition will complement Kering Beauté's portfolio and support the creation of other fragrance franchises. The transaction is expected to close in H2 2023.

Portfolio Pulse from Lekha Gupta

June 26, 2023 | 5:45 pm

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