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Kering CEO pledges to double profit margins and revive Gucci brand
April 20, 2026
|Business World Philippines
Kering Chief Executive Officer (CEO) Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci as he sought to reassure investors unnerved by economic uncertainty and war in the Middle East.
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In a more than three-hour presentation to investors and analysts in Gucci’s birthplace Florence, the former Renault boss said he would more than double Kering’s profit margins, shrink and improve the company’s store network,
هذه القصة من طبعة April 20, 2026 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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