Renault boss De Meo quits, report says he will lead Gucci-owner Kering

Renault’s CEO, Luca de Meo, is reportedly stepping down to take the helm at Kering, the luxury conglomerate behind brands like Gucci and Saint Laurent. The move marks a surprising shift from the auto industry to high fashion, raising questions about Renault’s next steps and Kering’s strategy under new leadership.