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Kering Buys 30% of Valentino, Option to Buy the Remainder – WWD

The deal marks a major expansion of the group's fashion operations and Kering has an option to buy all of Valentino by 2028.

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Kering acquires 30% stake in Valentino

The agreement includes an option for Kering to acquire 100% of Valentino's share capital no later than 2028. Kering said the deal is part of a broader

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Gucci CEO Departs As Brand Lags Behind: Here s How The Top Luxury Fashion Brands Are Doing

Hermès, Prada and Louis Vuitton reported 2022 revenues that place them among the fastest-growing luxury brands in fashion.

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Gucci CEO Marco Bizzarri Is Stepping Down - The New York Times

The fashion label’s owner, the Kering group, unveiled a new roster of executives as it tries to begin a new chapter and leave the shadow of its rival, LVMH.

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Jean-François Palus named interim Gucci CEO amid Kering management shuffle

Gucci’s president and CEO since 2015, Marco Bizzarri, is to leave the brand this September after serving at Kering Group for 18 years.

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