US EditionKering: Luca De Meo Will Present His Strategic Roadmap in the Spring of 2026 - News Bulletin 247
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The general meeting of Kering's shareholders is scheduled to validate on Tuesday the arrival of Italian Luca de Meo, who came from Renault, to the post of general manager. His mission: to re-establish the French luxury group by starting by reviving its flagship brand, Gucci.
DECRYPTAGE - Renault's former CEO became general manager of the luxury group on 15 September, succeeding François-Henri Pinault, who remained president.
The former Renault boss succeeds François-Henri Pinault in the position of Managing Director of Kering. M. de Meo, who will receive 20 million euros in bonuses upon his arrival, will face many challenges. The revival of Gucci whose sales have plunged since 2023 is the priority.
Kering: Luca de Meo will present his strategic roadmap in the spring of 2026 - News Bulletin 247
Paris (Reuters) -The new director general of Kering, Luca de Meo, will present a strategic roadmap in the spring of 2026, said the president of the luxury group on Tuesday, François -Henri Pinault. “There will be a presentation of the Luca strategic roadmap and its teams which will be presented in the spring of 2026,” he said on the occasion of an extraordinary general meeting. “We will not wait for spring 2026 to make decisions,” added the pres…
Kering, number two of the French luxury, is in the midst of a period of transition. The former boss of Renault, Luca de Meo, is expected to take over the group in a few days. A general meeting of shareholders should validate this choice on Tuesday.
In front of the shareholders, Kering's new Managing Director committed himself to tackling the costs of the luxury group and reducing the debt.
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