Kering

Equities

KER

FR0000121485

Apparel & Accessories Retailers

Market Closed - Euronext Paris Other stock markets 16:55:00 11/07/2025 BST			5-day change	1st Jan Change
198.68 ^EUR	-3.74%		+0.27%	-16.61%

07-11	KERING : Goldman Sachs keeps a Sell rating	ZD
07-09	KERING : Bernstein reaffirms its Neutral rating	ZD

Luca De Meo to Leave Renault as of July 15

Published on 15/06/2025 at 19:42, updated on 15/06/2025 at 21:41

Luca de Meo, Chief Executive Officer of Renault Group, will step down from the French automaker as of July 15 to pursue new opportunities outside the automotive sector, Renault announced on Sunday, confirming a report by Le Figaro.

According to the newspaper, François-Henri Pinault, majority shareholder and current CEO of Kering, has decided to separate the roles of chairman and chief executive at the family-owned luxury group, paving the way for the Italian executive to become Kering's new CEO.

"Luca de Meo has informed us of his decision to leave his position in order to take on new challenges outside the automotive industry," Renault said in a statement.

The company added that it has begun the process of appointing a new chief executive.

A spokesperson for Kering declined to comment on Le Figaro's report.

(Written by Claude Chendjou, with Tassilo Hummel, Dominique Vidalon and Gabriel Stargardter)

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Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
KERING	198.68EUR	-3.74%	+0.27%	28.49B
VOLKSWAGEN AG	93.98EUR	-0.09%	+4.40%	56.31B
RENAULT	41.20EUR	-1.58%	+1.63%	13.01B

Latest news about Kering

KERING : Goldman Sachs keeps a Sell rating	07-11	ZD
KERING : Bernstein reaffirms its Neutral rating	07-09	ZD
Renault Set to Name Interim Successor; Narrows CEO Search	07-09	MT
Renault set to name interim CEO next week, FT reports	07-09	RE
Renault set to name interim CEO next week, FT reports	07-09	RE
Renault set to name interim CEO next week, FT reports	07-09	RE
Chanel shows haute couture in private salon setting at Grand Palais	07-08	RE
KERING : Bernstein remains Neutral	07-08	ZD
European Equities Close Mostly Higher Wednesday; Euro Area Unemployment Rises	07-02	MT
KERING : RBC remains Neutral	07-01	ZD
KERING : Gets a Neutral rating from UBS	07-01	ZD
KERING : Gets a Neutral rating from UBS	07-01	ZD
Valentino faces uncertainty as CEO takes sick leave amid profit slowdown	06-30	RE
Valentino faces uncertainty as CEO takes sick leave amid profit slowdown	06-30	RE
Hedge fund Parvus holds 5% stake in luxury group Kering, filing shows	06-27	RE
Hedge fund Parvus holds 5% stake in luxury group Kering, filing shows	06-27	RE
KERING : Bernstein remains Neutral	06-27	ZD
KERING : Deutsche Bank reduces target price	06-26	CF
KERING : Deutsche Bank remains Neutral	06-26	ZD
KERING : Bernstein resumes coverage with neutral rating	06-25	CF
KERING : JP Morgan gives a Sell rating	06-25	ZD
KERING : Bernstein lowers his opinion and switches to Neutral	06-25	ZD
Billionaire Pinault family raises 400 mln euros from investors betting on Kering stock rebound	06-24	RE
KERING : Oddo BHF still on hold	06-24	CF
KERING : Jefferies gives a Neutral rating	06-23	ZD

Luca de Meo

Luca de Meo is a businessperson who has been the head of 5 different companies. Presently, he is Chief Executive Officer of Renault SA and Chairman at Renault SAS (a subsidiary of Renault SA). He is also on the board of Sociedad Española de Automóviles de Turismo SA (former Chairman-Management Board & Director). In the past Mr. De Meo was Director-Sales & Marketing for AUDI AG, Chief Executive Officer for Fiat Automobiles SpA, Chief Executive Officer of Alfa Romeo SpA, Vice President for Lancia Automobiles SpA, General Manager-Product Planning at Toyota Motor Europe NV, Chief Marketing Officer for Fiat SpA and Head-Marketing at Volkswagen Group Italia SpA.

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Company Profile

A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ginori 1735, as well as Kering Eyewear and Kering Beauté. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow's Luxury in a sustainable and responsible way. It captures these beliefs in its signature: Empowering Imagination. In 2024, Kering had 46,930 employees and restated revenue of EUR 17.2 billion. At the end of 2024, the Group had a network of 1,813 stores under its own management, located primarily in Western Europe (379), North America (329), Japan (241), and in emerging countries (708). Net sales are distributed geographically as follows: Western Europe (29%), Japan (8.3%), Asia/Pacific (30.4%), North America (23.8%) and other (8.5%).

Employees

45,782

Sector

Apparel & Accessories Retailers

Calendar

07-28 - Q2 2025 Earnings Release

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