Kering Stock Surges as CEO Luca de Meo Builds Market Momentum
Luca de Meo’s short tenure in Kering’s C-suite — he’s only been chief executive officer since Sept. 15 — has already brought the ailing luxury giant something it’s needed in the stock market. Momentum. Shares of Kering rose 8.7 percent to 344.95 euros in Paris on Thursday as investors took what were seen as glimmers…