Francois Pinault, the octogenarian founder of Kering SA, has seen his family’s fortune drop by more than two-thirds since a pandemic-era boom as his son struggles to turn around the French luxury ...

PARIS – Paris celebrated the reopening of the Notre-Dame cathedral with an elaborate ceremony welcoming heads of state from around the globe. LVMH Moët Hennessy Louis Vuitton chair and chief ...

François Pinault is tied to some of the biggest ... a battle between rival French billionaire and luxury brand owner Bernard Arnault. Read more: Gucci has become hugely popular with teens and ...

CEO François-Henri Pinault said Kering faced a "difficult start to the year" as anticipated. Gucci sales plunged in the first three months of the year as the luxury downturn showed no signs of ...