Gucci parent, Kering, appointed Renault's former CEO, Luca de Meo, as its chief executive, as the company struggles to improve its weak performance.

Gucci owner Kering said it was hiring Renault boss Luca de Meo as its new CEO to help revive the debt-laden luxury conglomerate, confirming reports that sent its shares soaring and those of ...

The luxury group confirmed speculations reported by a number of media outlets this weekend. Pinault will retain his role as Kering chair.

By Tassilo Hummel, Mimosa Spencer and Danilo Masoni PARIS (Reuters) -Kering shares jumped as much as 8.2% early on Monday and stocks in Renault fell over 6% after reports the French carmaker's CEO ...

French carmaker is ahead of groups such as Volkswagen and Stellantis in time it takes to bring a vehicle to market ...

De Meo's unexpected departure marks the second top-level exit from a European carmaker in six months, after Carlos Tavares resigned from Stellantis.

Renault will name an interim chief executive next week as it continues to search for a replacement for Luca de Meo, who is to ...

Renault is set to appoint an interim CEO next week as it searches for a successor to Luca de Meo, who will leave for Kering.

Renault boss Luca de Meo is preparing for an unconventional move to Kering, whose other brands include Saint Laurent and ...

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, Renault said.

Renault announced late on Sunday that de Meo would leave in mid-July to take on new challenges outside the auto sector. Reports of his switch to Kering sent the luxury group’s shares up by ...

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 ...