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The Latest Breaking News from Luca de Meo

Gucci Owner Kering Posts 46% Profit Slump Before New CEO Arrives

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing.

International Business Times

Renault shares plummet 17% after profit warning and weak results

The carmaker disappointed with its preliminary financial figures for the past six months and has not yet found a permanent successor to former CEO Luca de Meo, instead appointing an interim leader.

Euronews

What Renault boss Luca de Meo's exit means for Alpine F1 team

When Luca de Meo became Renault’s CEO in the summer of 2020, the group had just posted a €7.3billion loss and was on the verge of collapse as the world economy shuddered to a halt during the Covid-19 pandemic. On his way to turning that around to a €4.26billion operating…

Motorsport

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What Renault boss De Meo's exit means for Alpine F1 team

When Luca de Meo became Renault’s CEO in the summer of 2020, the group had just posted a €7.3billion loss and was on the verge of collapse as the world economy shuddered to a halt during the COVID-19 pandemic. On his way to turning that around to a €4.26billion operating…

Autosport

Starmer Stands Firm on PIP Cuts Despite Backlash from Labour Ranks

Despite escalating criticism from within his party, Prime Minister Keir Starmer has confirmed that proposed reforms to Personal Independence Payments (PIP) will proceed as planned.

The Fashion Central

Katie Price Unveils ‘Bigger and Bolder’ Look in Ibiza Poolside Debut

Katie Price has left fans gobsmacked with her latest body transformation after showing off the results of another cosmetic procedure while partying in Ibiza.

The Fashion Central

Kering Appoints Renault Boss Luca de Meo as CEO to Revive Gucci

French luxury group Kering has tapped Luca de Meo, the outgoing chief executive of Renault, to become its next CEO in a bold bid to revive Gucci

The Fashion Central

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Shock at Renault: Shares plunge as CEO reportedly departs to Gucci-owner Kering

In a surprise move, French carmaker Renault Group’s CEO Luca de Meo announced his departure on Sunday. The company’s shares tumbled by nearly 7% on Monday, following the news.

Euronews

Struggling Gucci Owner's Shares Soar Over New CEO Reports

Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group.

International Business Times

Renault CEO Luca de Meo Suddenly Resigns

The Renault Group is seeking a new CEO following Luca de Meo’s surprising decision to resign after five successful years at the helm of the French brand. Having previously contributed to the rise of Volkswagen Group’s SEAT brand during a five-year tenure, he joined Renault in July 2020. At the…

Motor1

More change at Alpine F1 as Renault Group CEO Luca de Meo quits

Renault Group CEO Luca de Meo announced a shock departure from his role at the Alpine Formula 1 team's parent company.

Motorsport

More change at Alpine F1 as De Meo quits as Renault Group CEO

Renault Group CEO Luca de Meo has announced a shock departure from his role at the Alpine Formula 1 team's parent company.

Autosport

Alpine F1 team boss Oliver Oakes resigns with immediate effect

Alpine team principal Oliver Oakes as resigned with immediate effect, the team has announced. Oakes was brought to the team in July last year to replace Bruno Famin and then went on to form a tandem with executive advisor Flavio Briatore. But six races into the 2025 season Oakes has…

Motorsport

Briatore's blueprint to replicate Alpine's past F1 title success

It turns out that Formula One Management is not alone in planning on producing a new movie. If Flavio Briatore gets his way, then Alpine is also working on a blockbuster hit that would tell the story of it winning the 2027 Formula 1 world championship.

Autosport

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Motorsport

How Briatore aims to direct Alpine’s F1 title ambitions into a blockbuster hit

It turns out that Formula One Management are not alone in planning on producing a new movie. If Flavio Briatore gets his way, then Alpine is also working on a blockbuster hit that would tell the story of it winning the 2027 Formula 1 world championship.

Motorsport

Is Renault meddling too much with Alpine’s F1 team? Oakes refutes that theory

Alpine team principal Oliver Oakes has responded to comments from Otmar Szafnauer hitting out at the Renault leadership, asserting his Formula 1 team is "very lucky to have that support".

Motorsport

Alpine announces Mercedes F1 engine deal for 2026 and beyond

The Alpine Formula 1 team has officially announced it will switch to Mercedes power units from the 2026 season onwards.

Autosport

How a world karting champion ended up an F1 team boss

Oliver Oakes might be able to lay claim to being the quickest team principal in F1, but for the meantime however, he has his work cut out in saying the same for his Alpine team. 

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Motorsport

What we learned about Renault's F1 engine shutdown

Renault's decision to end its Formula 1 works engine project has been one of the biggest stories of the 2024 season.

Motorsport

Renault chief agrees to meet Alpine's Viry F1 engine staff after protests

Renault CEO Luca de Meo has agreed to meet employees of Alpine's French power unit division in Viry-Chatillon as he weighs up a decision on whether to abandon its F1 engine programme.

Autosport

Alpine "weeks" from Mercedes engine call as it assesses costs

Alpine expects to have a final decision on its 2026 engine partner in just under a month's time, as Renault's board presses on with its assessment of its Viry-Chatillon-based Formula 1 engine project.

Motorsport

Alpine 'just weeks' from Mercedes engine call as it assesses costs

Alpine expects to have a final decision on its 2026 engine partner in less than a month's time, as Renault's board presses on with its assessment of its Viry-Chatillon-based Formula 1 engine project.

Motorsport

Renault engine employees push back in Monza: "Without F1, Viry has no purpose"

Left in limbo by their parent company, the employees of Renault's under-threat Formula 1 engine programme are making their voices heard at the Italian Grand Prix.

Autosport

Briatore not the "bad guy" in ending Renault’s F1 engine project

Alpine advisor Flavio Briatore insists that he should not be viewed as the "bad guy" in a plan by Renault to end its Formula 1 engine programme.

Motorsport

Renault engine staff call for rethink over F1 engine ‘betrayal’

Representatives of Renault’s Formula 1 engine staff at Viry-Chatillon have called for the French manufacturer to rethink plans for Alpine to become a Mercedes customer – suggesting the decision is a ‘betrayal.’

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