Kering Names General Secretary, Strategy Chief
French luxury group Kering has appointed a new secretary general and head of strategy as part of an effort to strengthen its executive team after disappointing financials in 2024. Mélanie Flouquet is being promoted from chief strategy officer to general secretary, a newly created position that aims to “strengthen Kering’s
Kering Sells Italian Luxury Outlets to Alleviate Debt
Kering has sold its “The Mall Luxury Outlets” unit to US real estate company Simon, the French luxury conglomerate said in a statement on Thursday. The divestment will generate net proceeds of approximately €350 million ($365 million) for the Gucci owner, hit harder than its peers by the global luxury
