Meo
Americannoun
plural
Meos,plural
MeoExample Sentences
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“With Kering Jewelry, we are giving the group a powerful and cohesive platform capable of supporting our houses’ ambitions in an area of expertise where creativity and excellence are inseparable,” Kering CEO Luca de Meo said in a statement.
The decision marks the latest effort by de Meo, who took the reins as CEO in September, to turn around the company after several quarters of disappointing sales for its flagship brand Gucci.
In the first strategy update since Francois Provost took the wheel last year after former boss Luca de Meo moved to luxury group Kering, Renault said it would slash the cost of EVs and extend its hybrid technology beyond 2030.
Chief Executive Francois Provost, who was appointed last year following the shock departure of Luca de Meo to Kering, said Thursday the company would outline its strategy aimed at growing the business and bolstering resilience at an investor update next month.
The Paris-based luxury giant is looking to turn around the fortunes of its core Gucci brand while recently appointed Chief Executive Luca de Meo designs a comeback plan for the broader group, which, like many of its rivals, is contending with a downturn in spending.
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.