The Latest Breaking News from FrancoisHenri Pinault

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing.

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.

François-Henri Pinault, who married Hayak in 2009, is the billionaire CEO of luxury group Kering

Actress Salma Hayek has admitted she feels "pressure" to make money despite being married to billionaire businessman Francois-Henri Pinault - revealing she likes to make her own living.

French luxury giant Kering on Thursday reported a drop in 2023 earnings but vowed to press on with its investment strategy to put flagship brand Gucci "back on track".

Kering, whose other houses include Yves Saint Laurent, Balenciaga and Bottega Veneta, reported a 17 percent drop in net profit to 2.98 billion euros ($3.2 billion).

Francois-Henri Pinault's holding company, Artémis, will hold about a 53% stake in the talent agency that works with numerous A-listers.

This is the Summer of Salma!

Alessandro Michele is leaving his role as creative director of the Gucci, the fashion house announced Wednesday, bringing an end to an eight-year tenure that sharply redefined Gucci’s codes with romanticism and gender-fluidity, all the while powering revenues for the Kering parent