In Milan, Kering spends €1.3 billion on the second most expensive street in the world

Featured image of the article In Milan, Kering spends €1.3 billion on the second most expensive street in the world

An article by Morgane Monteiro

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Publication

5 April 2024 à 17h40

Updated on 9 April 2024 à 15h14

Reading time

1 minute

Publication: 5 April 2024 à 17h40, Updated on 9 April 2024 à 15h14

Reading time: 1 minute

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An article by Morgane Monteiro

Add mind Retail to your sources
Publication

5 April 2024 à 17h40

Updated on 9 April 2024 à 15h14

Reading time

1 minute

Publication: 5 April 2024 à 17h40, Updated on 9 April 2024 à 15h14

Reading time: 1 minute

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On 4 April, Kering (sales of €19.6 billion in 2023, down 2% in one year, and a net margin of 15.6% of sales, down 18%) announced the purchase of a building in Milan for €1.3 billion from Blackstone Property Partners Europe.

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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