×
By
Reuters
Published
Feb 17, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Paris, London, Tokyo and now Atlanta: Kering eyes U.S. expansion

By
Reuters
Published
Feb 17, 2022

French luxury group and Gucci owner Kering is eyeing second- and third-tier cities for possible store expansion in the United States, where its sales are booming, Chairman and CEO Francois-Henri Pinault said on Thursday.


Photo: Gucci



Pinault said the group was considering cities like Atlanta, Charlotte and Austin, adding there was room for the group to operate its own stores in places where it had previously sold through wholesale channels.

He said the quality of shopping malls was lacking for luxury players.

© Thomson Reuters 2022 All rights reserved.