We’ll have to wait a little longer to hear the full turnaround strategy for French luxury group Kering under its new CEO, Luca de Meo. But at the annual general meeting of the parent company of Gucci and Saint Laurent, the former Renault boss — who officially takes office on Monday — delivered a sharp, confident message aimed at reassuring investors.

During the event, François-Henri Pinault, who has led the group founded by his father, François, for the past twenty years, reflected on Kering’s trajectory and current performance. Somewhat visibly moved by this milestone, the executive — who will serve only as chairman of the board starting September 15 — explained the logic behind separating the roles of chairman and CEO, a move welcomed by shareholders.

“I had kept in mind the moment whe

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