Kering workers in Italy to strike over ’unilateral decisions’ by the company

Investing.comMonday, October 20, 2025 at 5:30:32 PM
Kering workers in Italy to strike over ’unilateral decisions’ by the company
Workers at Kering in Italy are set to strike in response to what they describe as unilateral decisions made by the company. This strike highlights the growing tensions between management and employees, as workers seek a more collaborative approach to decision-making. The outcome of this strike could have significant implications for labor relations within the company and the broader fashion industry.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Amazon web services start to recover after major outage
NeutralFinancial Markets
Amazon Web Services (AWS) has reported a recovery from a major outage caused by significant errors in its Domain Name System (DNS), which is crucial for translating website names to IP addresses. The company assures that the issue has been fully resolved, although some reports indicate lingering problems. In related news, Kering, the owner of Gucci, is selling its beauty division to L'Oreal just two years after its launch, as part of a strategy to reduce debt. This development highlights the ongoing challenges and adjustments in the tech and luxury sectors.
Explainer-Why Gucci-owner Kering is selling its beauty business to L’Oreal
NeutralFinancial Markets
Kering, the parent company of Gucci, has announced its decision to sell its beauty division to L’Oreal. This move is significant as it reflects Kering's strategy to focus more on its core luxury fashion brands while allowing L’Oreal to expand its portfolio in the beauty sector. The sale is expected to enhance L’Oreal's position in the competitive beauty market, showcasing the ongoing trend of consolidation in the industry.
Gucci-owner Kering sells beauty unit to L’Oreal for $4.7 billion as de Meo targets debt pile
PositiveFinancial Markets
In a significant move, Kering, the luxury group behind Gucci, has sold its beauty division to L’Oreal for $4.7 billion. This strategic decision comes as CEO Marco de Meo aims to reduce the company's debt and streamline its focus on core luxury brands. The sale not only strengthens L’Oreal's position in the beauty market but also allows Kering to concentrate on its high-end fashion offerings, making it a win-win for both companies.
Kroger to hire 18,000 workers for 2025 holiday season, fewer than last year
NeutralFinancial Markets
Kroger has announced plans to hire 18,000 workers for the upcoming 2025 holiday season, which is a decrease from the number of hires made last year. This decision reflects the company's strategy to adapt to changing market conditions and consumer demand. While the reduction in hiring may raise concerns about job availability, it also indicates Kroger's focus on efficiency and optimizing its workforce for the busy shopping period.
The Cost Of Not Knowing: Business Leaders Have Options On Healthcare
PositiveFinancial Markets
Business leaders are discovering that the rising costs of healthcare don't have to be a burden they pass on to their employees. With various options available, they can enhance the quality of care while also reducing expenses. This shift not only benefits the workforce but also promotes a healthier, more productive environment, making it a win-win situation for everyone involved.
Kering chief vows rapid overhaul after sealing €4bn beauty deal
PositiveFinancial Markets
Kering's CEO, Luca de Meo, has announced a significant €4 billion deal with L’Oréal, marking a pivotal step in the luxury group's strategy to revitalize its Gucci brand. This agreement is expected to be the first of many transformative moves aimed at enhancing Kering's position in the beauty sector and driving growth. The focus on Gucci's turnaround is crucial, as it reflects Kering's commitment to innovation and adaptation in a competitive market, which could lead to increased consumer interest and sales.
Kering to Sell Beauty Business to L’Oréal in $4.7 Billion Deal
PositiveFinancial Markets
Kering has announced a significant $4.7 billion deal to sell its beauty business to L’Oréal, marking a strategic move by the new CEO, Luca de Meo, to rejuvenate the company's performance. This sale is crucial as it allows Kering to focus on its core luxury brands while L’Oréal expands its portfolio in the beauty sector. Such a transaction not only reflects the evolving landscape of luxury and beauty but also highlights Kering's commitment to strengthening its market position.
IonQ stock rises after partnering with Italy on quantum technology hub
PositiveFinancial Markets
IonQ's stock has seen a significant rise following its partnership with Italy to establish a quantum technology hub. This collaboration is crucial as it not only enhances IonQ's position in the rapidly evolving quantum computing sector but also signifies Italy's commitment to advancing technology. The partnership could lead to groundbreaking innovations and attract further investments, making it a pivotal moment for both IonQ and the broader tech landscape.
Latest from Financial Markets
Dakota Gold director O’Rourke sells $738k in shares
NeutralFinancial Markets
Dakota Gold's director, O’Rourke, has sold shares worth $738,000, which raises questions about the company's future direction. While such transactions are common in the corporate world, they can signal shifts in confidence or strategy. Investors will be watching closely to see how this impacts Dakota Gold's performance and market perception.
RBB Bancorp reports 8.7% increase in quarterly net income
PositiveFinancial Markets
RBB Bancorp has reported an impressive 8.7% increase in its quarterly net income, showcasing the company's strong financial performance. This growth is significant as it reflects the bank's effective strategies and resilience in a competitive market, which can boost investor confidence and potentially lead to further investments.
Earnings call transcript: FRMO Corp Q1 2025 highlights crypto mining strategy
PositiveFinancial Markets
FRMO Corp's recent earnings call highlighted their innovative strategy in the crypto mining sector for Q1 2025. This approach not only showcases their commitment to staying ahead in the rapidly evolving digital currency landscape but also positions them for potential growth and profitability. Investors and stakeholders should pay attention, as this could signal a significant shift in the company's operations and market presence.
Rocket Lab stock rises ahead of upcoming iQPS satellite launch
PositiveFinancial Markets
Rocket Lab's stock is experiencing a positive surge as the company prepares for its upcoming iQPS satellite launch. This event is significant not only for Rocket Lab but also for the satellite industry, as it showcases the company's growing capabilities and potential for future contracts. Investors are optimistic about the launch's success, which could lead to increased demand for Rocket Lab's services and further bolster its market position.
Dragonfly Energy restructures term loan and issues Series B preferred stock
PositiveFinancial Markets
Dragonfly Energy has successfully restructured its term loan and issued Series B preferred stock, marking a significant step in its financial strategy. This move not only strengthens the company's balance sheet but also positions it for future growth in the energy sector. Investors are likely to view this positively, as it demonstrates the company's commitment to enhancing its capital structure and expanding its operations.
Bayview Acquisition Corp makes $100,000 extension payment to trust account
PositiveFinancial Markets
Bayview Acquisition Corp has made a significant $100,000 extension payment to its trust account, ensuring the continuation of its operations and potential future investments. This move is crucial as it reflects the company's commitment to maintaining its financial stability and pursuing strategic opportunities in the market.