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Gucci-owner Kering aims to launch luxury Google glasses next year: CEOGucci is set to launch smart glasses with Google next year. This move marks a significant entry into AI-powered eyewear. The brand aims to ...- Mozilla names insider Enzor-DeMeo as CEO, looks to add AI features to FirefoxMozilla has appointed long-time Firefox executive Anthony Enzor-DeMeo as chief executive at a time of rapid change in web browsing. He repl...
- Gucci owner sells beauty unit to L'Oreal for $4.7 billionIn a bold strategic shift, Kering, the parent company of Gucci, has decided to offload its beauty division to L'Oreal for a hefty $4.7 bill...
- Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debtGucci owner Kering is selling its beauty division to L'Oreal for 4 billion euros. This major deal includes the fragrance brand Creed and lo...
- Kering to pay new CEO Luca de Meo signing-on bonus of around 20 million euros as he leaves RenaultKering is set to propose a €20 million signing bonus for its incoming CEO, Luca de Meo, to offset losses incurred from his departure from R...
- Renault names Duncan Minto as interim CEORenault has appointed Duncan Minto, its British CFO, as interim CEO following Luca de Meo's departure to lead Kering. Minto, a 1975-born Sc...
- Who is Luca de Meo, reported to be Kering's new CEO?Luca de Meo may become the new CEO of Kering. He is currently the CEO of Renault. Kering owns Gucci and other luxury brands. De Meo has exp...
- Renault boss De Meo quits; report says he will head Gucci-owner KeringLuca de Meo, the Renault CEO, is departing. He might head to Kering, the owner of Gucci. De Meo successfully turned around Renault. He over...
- As EV demand slows, Europe’s auto industry might face €15 billion in fines over emissions, warns Renault CEOEurope's auto industry may face fines of 15 billion euros due to a slowdown in electric vehicle demand, according to Renault CEO Luca de Me...
- Volkswagen and Renault pull plug on electric Twingo, Renault saysVolkswagen has abandoned discussions with Renault on collaborating to create a low-cost electric car, Twingo. The move hampers EU automaker...
- Renault CEO sees Ampere IPO valuation of up to 10 billion euros: Media sourcesOn Monday De Meo told Reuters TV that Renault was still planning to list Ampere in spring 2024, but cautioned that market conditions would ...
- Renault CEO says free float of future electric unit will be less than 10%Renault's CEO, Luca De Meo, said that a significant portion of the French car manufacturer's future electric vehicle unit, Ampere, could be...
- Renault, Google expand ties in automotive softwareThe partnership with Google will also help Renault accelerate its "end-to-end digital transformation, from the design of the car to its mar...
- Renault exploring Nissan Stake Sale for Shift to EVA sale could help finance major structural change Renault Chief Executive Officer Luca de Meo began to sketch out in February. The company ...
- Renault CEO pushes on with electric split as Russia bill loomsPlaying catch-up with rivals like Tesla and Volkswagen, the French automaker first outlined its strategy shift in February, days before Rus...
- Renault goes back to the future in an electric accelerationRenault Chief Executive Luca de Meo said it planned to launch 10 electric cars by 2025 and that all-electric vehicles would account for up ...
- Renault raises targets for share of electric vehiclesUnveiling a new plan for electric vehicles (EVs), Renault Chief Executive Luca de Meo said Renault planned 10 new electric models by 2025 a...
- Groupe Renault to steer markets like Latin America, India and Korea towards high margin business: Global CEO Luca De MeoAnnouncing Mid-term strategic plan 'Renaulution' De Meo said emerging markets will go back to pre-covid level by 2023 and 2025 for Europe.
- New Renault boss Luca de Meo to cut more costs in turnaround driveRenault hiked its cost savings target by 500 million euros ($608 million) to 2.5 billion euros by 2023, and set goals to gradually ramp up ...
- In Conversation: CEO, Alfa RomeoLuca De Meo took over the reigns as Chief Executive Officer of Alfa Romeo Automobiles after Antonio Baravalle left the Fiat Group on his ow...
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