ENXTPA:KERLuxury
Kering’s ReconKering Plan Targets Broader Growth And China Luxury Exposure
Kering (ENXTPA:KER) has launched its ReconKering multi year turnaround plan at its Florence Capital Markets Day.
The plan includes a reset of the group structure, operational changes, and a refresh of Gucci along with other key brands.
Kering also announced a minority stake in Chinese luxury group ICCF, owner of the Icicle brand, as it looks to broaden its exposure beyond Gucci.
Kering, the owner of houses such as Gucci, Balenciaga, Saint Laurent, and Bottega Veneta, is a major player in...