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Shares of Gucci-owner Kering pop 10% on reports Renault’s de Meo to be next CEO

Kering shares soared in early trade as investors and analysts cheered reports that industry outsider Luca de Meo was set to become group CEO.

Published 16 June 2025
Categorised as Finance News

Shares of Gucci-owner Kering pop 7% on reports Renault’s de Meo to be next CEO

Kering shares soared in early trade as investors and analysts cheered reports that industry outsider Luca de Meo was set to become group CEO.

Published 16 June 2025
Categorised as Finance News

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

Growth in industrial output slowed to 5.8% year on year in May from 6.1% in the prior month.

Published 16 June 2025
Categorised as Finance News

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

Growth in industrial output slowed to 5.8% year on year in May from 6.1% in the prior month.

Published 16 June 2025
Categorised as Finance News

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption

Growth in industrial output slowed to 5.8% year on year in May from 6.1% in the prior month.

Published 16 June 2025
Categorised as Finance News

China May retail sales grow at fastest pace since December 2023 on trade-in program, holiday impact

Growth in industrial output slowed to 5.8% year on year in May from 6.1% in the prior month.

Published 16 June 2025
Categorised as Finance News

China May retail sales grow at fastest pace since December 2023 on trade-in program, holiday impact

Growth in industrial output slowed to 5.8% year on year in May from 6.1% in the prior month.

Published 16 June 2025
Categorised as Finance News

Why aren’t Chinese consumers spending enough?

China’s consumer spending shows little sign of picking up soon, given uncertainty about future wealth, changing preferences and lack of a social safety net.

Published 16 June 2025
Categorised as Finance News

Why aren’t Chinese consumers spending enough?

China’s consumer spending shows little sign of picking up soon, given uncertainty about future wealth, changing preferences and lack of a social safety net.

Published 16 June 2025
Categorised as Finance News

Why aren’t Chinese consumers spending enough

China’s consumer spending shows little sign of picking up soon, given uncertainty about future wealth, changing preferences and lack of a social safety net.

Published 15 June 2025
Categorised as Finance News

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