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Tag: Italian luxury outlets

Luxury Goods
Sam Kim

Kering Sells Italian Luxury Outlets to Alleviate Debt

Kering Sells Italian Luxury Outlets to Alleviate Debt In a strategic move to alleviate debt and streamline its operations, the French luxury conglomerate Kering has recently announced the sale of its Italian luxury outlets. This decision is expected to bring in a substantial sum of €350 million, further solidifying Kering’s position in the ever-competitive luxury […]

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