Kering shareholders need to be patient. On Thursday, the owner of Gucci and Saint Laurent presented the worst annual results of the big luxury groups. Yet it told investors it believed it had the right strategy and management in place. It also confirmed that group veteran Jean-François Palus was to remain the CEO of Gucci, after having initially been appointed as interim boss of the Italian luxury brand last year. Miss Tweed was first to report that fact.
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