French Luxury Group Kering to Acquire 30% Of Valentino
Kering will purchase a 30% stake in Valentino from parent firm Mayhoola for €1.7 billion in cash.
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15% growth in revenue for French luxury firm Kering in FY22
The French luxury goods company Kering has reported fiscal 2022 (FY22) revenue of over €20 billion, which represents a YoY increase of 15% as reported and 9% on a comparable basis.
