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 ...

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 ...

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 ...

PARIS/MILAN, June 5 (Reuters) - Gucci owner Kering (PRTP.PA) 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 ...

Kering and Ardian declined to comment. Kering, controlled by family of CEO Francois-Henri Pinault, bought 715-717 Fifth Avenue in January 2024 for $963 million to secure a top retail location in one ...

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 bought just over a year ago, two people ...

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 bought just over a year ago, two people ...

--French luxury-goods giant Kering is in talks with private equity investment company Ardian over the sale of a stake in Fifth Avenue Property it bought just over a year ago, Reuters reports ...