French luxury group Kering announced on Thursday it had sold 100% of its Italian The Mall Luxury Outlets to U.S. real estate investor Simon, generating some 350 million euros in net proceeds as part ...
Press release_Kering and Simon announce the sale of The Mall Luxury Outlets 30 01 25 PRESS RELEASE January 30, 2025 KERING AND SIMON ANNOUNCE THE COMPLETION OF THE SALE OF ‘THE MALL LUXURY OUTLETS’ ...
Kering and Simon® today announced the finalization of the sale of 100% of The Mall Luxury Outlets entities held by Kering to Simon, the US real estate investment trust engaged in the ownership of ...
Simon Property Group bought 100 percent of Kering ’s The Mall Luxury Outlets, which it established in 2001. The Mall operates ...
Kering said it finalized the sale of The Mall Luxury Outlets in Italy to U.S. retail investment trust Simon Property Group. Kering--which houses Gucci, Saint Lauren and Balenciaga--said Thursday that ...
The deal valued at 837 million euros will give Kering a cash infusion as it seeks to shore up its balance sheet.
Kering SA (EPA:KER – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €244.66 ($254.85) and traded as high as €264.70 ...
Kering and Ardian today announce the signature of a binding investment agreement for three prestigious properties in Paris.