Kering CEO interested in taking Gucci beauty licence back earlier than 2028

Coty

10/02/2026 08:58

Corrects headline and story to show that De Meo declined to comment on his interest in taking back Gucci licence early rather than saying he is interested

PARIS, Feb 10 (Reuters) - Kering PRTP.PA CEO Luca de Meo declined to comment on whether he would be interested in taking back the licence for Gucci beauty products, currently held by Coty COTY.N, earlier than the 2028 expiry of the contract.

Responding to an analyst's question after reporting 2025 earnings on Tuesday, De Meo added that the company continues to respect the current contract and said he would like to have discussions on the topic directly with Coty.

 (Reporting by Dominique Patton; Editing by Joe Bavier)

 ((dominique.patton@thomsonreuters.com))