Kering's Gucci brand faces succession questions due to underperforming sales.
Succession questions surround Kering's Gucci brand as sales underperform. Investors ask if Francois-Henri Pinault should consider new leadership, despite his earlier confidence in the luxury empire. Kering's performance has been lacklustre, with few signs of improvement. Pinault inherited the luxury empire two decades ago and is currently chairman, CEO, and president of Kering's parent companies.
May 19, 2024
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