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Kering Secures Iconic Fifth Avenue Real Estate in $963 Million Deal

In a strategic real estate maneuver, Kering acquires a prime New York City property at 715-717 Fifth Avenue for $963 million. This acquisition, pivotal in Kering's global retail expansion strategy, underscores the luxury group's commitment to positioning its illustrious brands at the forefront of the world's most prestigious shopping districts.

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