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Kering Sheds Gucci Beauty, Focuses on Core Fashion
By MBN Staff - Tue, 10/21/2025 - 08:11
Kering to sell Gucci’s beauty division to L’Oreal for US$4.6 billion, reducing debt and refocusing on core fashion under CEO Luca de Meo.
https://mexicobusiness.news/tag/francois-henri-pinault
More Automotive
Luca de Meo to Exit Renault, Likely Succeeding Pinault at Kering
By Óscar Goytia - Mon, 06/16/2025 - 12:05
Renault CEO Luca de Meo will resign on July 15, 2025, and is expected to lead luxury giant Kering, succeeding François-Henri Pinault
Global Luxury Market Declines as Quiet Luxury Rises in China
By Mariana Allende - Thu, 06/20/2024 - 12:12
China's wealthiest individuals are opting for more understated fashion choices, triggering a decline in the global luxury market.