Jean-Francois Palus
Latest News & Analysis
Luxury
With Gucci Stalled, Kering Enters Deal for Valentino
The French group has the option to acquire 100 percent of the Italian label within five years. Kering chairman François-Henri Pinault described the deal as a ‘first step’ in a broader partnership with Qatari investment fund Mayhoola.
Luxury
As Gucci’s CEO Steps Down, Saint Laurent’s Chief Steps Up
Marco Bizzarri led the Italian luxury giant through a historic expansion before the business struggled to bounce back from the pandemic. Parent company Kering announced the move as part of a broader executive shakeup after which Saint Laurent CEO Francesca Bellettini will oversee all the group’s brands.