International Companies

Kering drops £1.1bn to snap up historic building in Milan

By Benjamin Chiou

Date: Thursday 04 Apr 2024

(Sharecast News) - French luxury giant Kering has announced that it is spending €1.3bn (£1.1bn) on a historic building in Milan, giving it one of the largest retail spaces in the city's fashion district.
The acquisition, thought to be Europe's largest property deal in two years, will see the Gucci, Balenciaga...

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