Kering chief De Meo targets higher profitability, Gucci rebound
Seven months into his tenure, the new boss outlines a midterm margin doubling, debt reduction, and a reset of the fashion house’s full product portfolio.
With China still weakening and Middle East demand stalled, Kering CEO Luca de Meois banking on a Florence blueprint, a beauty divestiture, and a product overhaul. Image: Bloomberg News
With China still weakening and Middle East demand stalled, Kering CEO Luca de Meois banking on a Florence blueprint, a beauty divestiture, and a product overhaul. Image: Bloomberg News
