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Gucci's Parent Co., Kering, Aims to More Than Double Recurring Operating Margin in Midterm
2026-04-16 15:55:22
Luca de Meo, Chief Executive Officer of Kering, the parent company of Gucci, announced at a capital markets day that the company aims to more than double its 2025 recurring operating margin of 11.1% in the medium term, meanwhile lifting its return on capital employed from 6% last year to above 20%, hoping to achieve this by revitalizing its largest brand, Gucci.
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