Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo
By Reuters Published November 18, 2025 Kering‘s return to growth will require reducing its reliance on struggling flagship Gucci, further scaling back its store network and chasing more synergies, Chief Executive Luca de Meo said in a memo seen by Reuters. See fashion showGucci – Cruise Collection2026 – Womenswear – Florence – ©Launchmetrics/spotlight The document, a…


