Discussion: The State of Kering

[Lola701]

They have already sold real estate, they are selling their entities. Next stage is brand.
I don’t understand their jewelry operations so maybe they should sell Dodo and others.

Regarding McQueen, I can see them selling it and Renzo Rosso buying it.

But for me, selling beauty was a stupid move. De Meo didn’t have that much option but prior to him, they didn’t even tried.

Doing niche fragrances for the brands wasn’t going to generate huge numbers anyway. If you want to sell fragrances, do it seriously!

Why not terminate him and get like anyone who can sew two pieces together in here ?

He is under contract and it may cost them more money to fire him now than to wait for his contract to end.
Gucci is a big house so they could afford to get rid of Sabato.
McQueen has downsized a lot since the pandemic.

 

[Nimsay]

I mean, Kering still hasn’t properly paid for Pedogate. We will decide when their pound of flesh has been accounted for.