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Kering
Hands-on investors breathe down Luca de Meo's neck

LogoSubscribers only By Philippe Vasset
2 min read Lire en français

As Kering’s share price falls, CEO Luca de Meo faces tough strategic decisions.
As Kering’s share price falls, CEO Luca de Meo faces tough strategic decisions. © Photomontage Glitz - Sources : Alain Jocard (AFP)

Taking advantage of the downward slide in Kering's share price, the asset management firm Causeway, which has a reputation for engaging with the management of the firms it invests in, recently increased its stake in the French luxury-goods group to more than 5%. A move that comes in the midst of tricky transitions in the creative direction of both Saint Laurent and Balenciaga.

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