Kering, the parent company of Gucci, is in exclusive talks with Ardian to sell a stake in its 717 Fifth Avenue property, which it acquired for $963 million last year. The potential sale comes as ...

Gucci: Luxury brand Kering is reportedly negotiating with Ardian to sell a stake in its Fifth Avenue property, a strategic move to reduce its $12 billion debt as consumer demand declines.

File Photo PARIS | MILAN: Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it bought just over a year ago, two people ...

Kering, the owner of Gucci, is in exclusive talks with private equity firm Ardian to sell a majority stake in a prime Fifth Avenue property in New York, as the group seeks to trim costs and free ...

Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it bought just over a year ago, two people with direct knowledge ...

By Elisa Anzolin and Mathieu Rosemain PARIS/MILAN (Reuters) -Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it ...

Gucci owner Kering is in exclusive talks with buyout group Ardian about the sale of a stake in a prestigious Fifth Avenue building it bought just over a year ago, two people with direct knowledge ...

THE DETAILS Sources close to the matter revealed that Kering is negotiating with Ardian over a partial divestment of 715–717 Fifth Avenue, a 115,000-square-foot retail property acquired in January ...

Shares of Kering, the luxury-goods company behind Gucci, Yves Saint Laurent and other brands, rallied as much as 10% on Monday after reportedly luring Renault’s chief executive to run the company.

Summary Luca de Meo, the current CEO of Renault, has been named Kering’s new CEO. He’ll officially take office on September 15. François-Henri Pinault, current CEO and Chairman of Kering ...

Ardian Clean Energy Evergreen Fund (ACEEF) has bought 117 solar PV plants, worth 116MW of total capacity in several locations in Italy.