The Latest Breaking News from de Meo

Kering sells its beauty division to L'Oréal for €4 billion in CEO Luca de Meo's first major move to cut debt and refocus on core fashion brands Gucci, Bottega Veneta and Balenciaga.

What do the luxury sector and the automotive sector have in common? Until recently, even asking the question would have seemed incongruous, given the apparent dissimilarity between brands engaged in mass production in search of economies of scale and those based on lavish spending and limited editions. The arrival of…

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.

The Renault Group is seeking a new CEO following Luca de Meo’s surprising decision to resign after five successful years at the helm of the French brand. Having previously contributed to the rise of Volkswagen Group’s SEAT brand during a five-year tenure, he joined Renault in July 2020. At the…

Renault Group CEO Luca de Meo announced a shock departure from his role at the Alpine Formula 1 team's parent company.

Renault Group CEO Luca de Meo has announced a shock departure from his role at the Alpine Formula 1 team's parent company.

Carmakers say there needs to be more focus on smaller, affordable vehicles in Europe as SUVs gain popularity

Value brand will bring new budget city car to market in double-quick time and build it in Europe

Renault's decision to end its Formula 1 works engine project has been one of the biggest stories of the 2024 season.