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Gucci Owner Kering Invests $1.4 Billion in New Milan Store, Elevating it to Italy’s Most Valuable Property

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In a monumental stride in the world of luxury retail, Kering SA, the parent company of Gucci, has set its sights on a historic acquisition, splurging a staggering €1.3 billion ($1.41 billion) on a property situated at Via Monte Napoleone 8, Milan’s most prestigious shopping avenue. The French luxury conglomerate revealed its grand purchase, formally […]

The post Gucci Owner Kering Invests $1.4 Billion in New Milan Store, Elevating it to Italy’s Most Valuable Property appeared first on Impact Wealth.


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