Francois-Henri Pinault, the billionaire heir who has headed up the French fashion house Kering Group for the past 20 years, has picked the CEO of automaker Renault to be his successor. The stock marke

Final Trade: PPRUY, AMD, UUP, FCX

06:16pm, Monday, 16'th Jun 2025
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Reports of de Meo's switch to Kering sent the luxury group's shares up by nearly 12% on Monday, recording their biggest one-day percentage gain since November 2008.
Press release - Kering announces the appointment of Luca de Meo 16 06 25
Francois-Henri Pinault's reported decision to hire Renault boss Luca de Meo is an audacious but necessary move to address the twin challenge of sagging sales and mounting debt at luxury group Kering ,
Automaker Renault's CEO is widely tipped to be announced imminently as the new boss of luxury group Kering, owner of Gucci, as one of Italy's highest regraded business leaders aruably jumps from the f
Shares of Kering, the luxury-goods company behind Gucci, Yves Saint Laurent and other brands, rallied as much as 10% on Monday after reportedly luring Renault's chief executive to run the company.
News of Renault Chief Executive Luca de Meo's decision to leave the French carmaker and subsequent reports of him being lined up to take charge at luxury goods group Kering has created a stir across t
Gucci owner Kering is reported to be close to appointing Renault's ex-boss Luca de Meo as its new CEO.
Kering shares were trading up 7.2% by 8:34 a.m. London time as investors and analysts cheered reports that industry outsider Luca de Meo was set to become group CEO.
Renault's saviour has been asked to perform his magic in the fickle world of luxury fashion. Luca de Meo, credited with reviving the fortunes of the French carmaker, is set to become the next chief

Who is Kering's new CEO Luca de Meo?

03:10am, Monday, 16'th Jun 2025
Gucci-owner Kering has appointed Luca de Meo, currently CEO of French carmaker Renault , as its new chief executive, it said on Monday.
Shares in Kering rose in early trading on Monday while stocks in Renault fell after reports the French carmaker's CEO Luca de Meo was poised to become the new chief executive of the luxury goods maker
Shares in Kering rose in early trading on Monday after Le Figaro reported that Luca de Meo would become the new CEO of the luxury goods maker, after he turned around troubled automaker Renault in his
Renault chief executive Luca De Meo is leaving the carmaker to lead luxury firm Kering , French newspaper Le Figaro reported on Sunday.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE