The luxury group led by Luca de Meo, formerly of Renault, will deploy two centers of excellence—Industry and Customer—to improve its operational efficiency. Four executives, including three from outside the company, notably from the automotive sector, and one already in place at Gucci, will take charge of them.
Kering is still searching for the business model that will put it back on track for growth and profitability. This involves both setting up a new organization and recruiting new talent, not necessarily from the luxury sector. And sometimes from the automotive sector, like its CEO, Luca de Meo, who joined from Renault last September.
The luxury group has therefore created two centers of excellence—Industry and Customer—with the aim, according to a group press release, of “optimizing the Group’s operational efficiency and supporting the sustainable growth of its Houses.”
Industry and Customer Centers
These new centers “are part of the Group platform, designed to provide the Houses with a unified framework, increased resources, and powerful levers to accelerate the execution of their strategies,” while “the teams concerned within the Houses will report functionally to the two centers of excellence.”
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Featured photo: © Kering
