French luxury group Kering, which is in the midst of a restructuring, announced on Monday the creation of two new divisions. These are intended to strengthen operational efficiency and support the growth of its brands, including Gucci, Yves Saint Laurent and Balenciaga.
“The corresponding teams in the companies will report functionally to these two new competence centers,” explains Kering in a statement.
‘We create clarity in the organization’
The newly created ‘Industry’ area is intended to improve the efficiency of the group’s production apparatus and its houses. This is done by integrating purchasing, production, supply chain management, quality and research and development, as the group emphasizes.
The ‘Customer’ area is intended to provide joint solutions for implementing the group strategy. These extend across the entire value chain and customer-related functions such as price, product and data.
“With these new competence centers, we are creating clarity in the organization, connecting the teams and ensuring efficiency at the group level. In this way, we are giving our companies the means to move forward faster and further,” said Luca de Meo, Chief Executive Officer (CEO) of the group, in the statement.
Kering, whose net profit fell more than tenfold in 2025, has been undergoing a restructuring since former Renault boss Luca de Meo joined in September. The internal realignment includes a simplification of the group structure. In addition, certain functions are being reorganized and synergies are being created between the brands.
The luxury group also continues to hire new managers. Stéphane Noël was appointed industrial director on April 1st. The engineer previously worked for, among others, the automotive supplier OPmobility and the automotive supplier Forvia. The Italian Carlo Mocci, who will take over the management of the customer department at the beginning of May, previously worked in various functions for the Amazon platform in Europe and Japan. He then worked for Deliveroo. Both will become members of Kering’s board of directors.
In addition, the group has hired Fedele Usai as marketing director with immediate effect, a position that did not previously exist in this form. Usai has been deputy managing director at the Italian luxury label Dolce & Gabbana since 2023.
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