Kering cedes luxury watchmaking space to LVMH, Richemont with portfolio shakeup

France Nouvelles Nouvelles

Kering cedes luxury watchmaking space to LVMH, Richemont with portfolio shakeup
France Dernières Nouvelles,France Actualités
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For French fashion conglomerate Kering, it would appear the time is not now for watches.

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