Kering CEO Silent on Gucci Beauty License, Focuses on Coty Talks

• Kering CEO Luca de Meo declined to comment on reclaiming the Gucci beauty products license from Coty before its 2028 expiry.
• Kering posted better-than-expected Q4 results, leading to its strongest intraday stock surge in nearly 17 years.
• De Meo, in his first quarter, expects Kering to return to growth in 2026 with improved margins across all brands.
• Gucci saw a 10% revenue drop, its tenth consecutive quarterly decline, but less than analysts' forecasts.
• Kering ended the year with a net loss of 29 million euros from continuing operations due to restructuring expenses.