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Struggling Gucci owner's shares soar over new CEO reports
Struggling Gucci owner's shares soar over new CEO reports
Economy
by  AFP

Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group. Le Figaro newspaper reported that de Meo would take over at Kering, the French luxury group that owns Gucci, Yves Saint Laurent, Balenciaga and other premium brands.