Kering ($KER) Capital Markets Day & "House of Wonders": Buying Cultural Relevance Gucci Can't Rebuild

At a Capital Markets Day meant to validate Luca de Meo's "ReconKering" turnaround, the most revealing announcement had nothing to do with Gucci. Kering's minority stake in Icicle, parent ICCF, under a new "House of Wonders" vehicle is a tacit admission the old luxury playbook no...

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