Struggling Gucci owner names Luca de Meo as new CEO

French luxury group Kering announced on Monday, June 16, that it had appointed Luca de Meo, who helped drive automaker Renault out of crisis, its new chief executive officer as it tries to turn around the fortunes at its struggling flagship brand Gucci. De Meo's appointment "marks a decisive step in the evolution of Kering's governance and strengthens the Group's leadership as it enters a new phase of its development," the company said in a statement. It said de Meo would take the reins in... - Industry buzz

Jun 17, 2025 - 04:20
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Struggling Gucci owner names Luca de Meo as new CEO

French luxury group Kering announced on Monday, June 16, that it had appointed Luca de Meo, who helped drive automaker Renault out of crisis, its new chief executive officer as it tries to turn around the fortunes at its struggling flagship brand Gucci.
De Meo's appointment "marks a decisive step in the evolution of Kering's governance and strengthens the Group's leadership as it enters a new phase of its development," the company said in a statement. It said de Meo would take the reins in... - Industry buzz