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Kering Leads Fashion Stocks Higher
Yahoo Finance· 2025-10-24 04:57
Luca de Meo’s short tenure in Kering’s C-suite — he’s only been chief executive officer since Sept. 15 — has already brought the ailing luxury giant something it’s needed in the stock market. Momentum. More from WWD Shares of Kering rose 8.7 percent to 344.95 euros in Paris on Thursday as investors took what were seen as glimmers of hope in third-quarter results and ran. The run-up left Kering with market capital of more than 42 billion euros. It was the best stock performance among the 98 global fashio ...