Kering announces McGirr exit. Kering stock falls 1.34 percent

Published on 10/19/2026 at 09:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

McQueen will soon name new creative leadership after October 15, 2026. Kering stock costs EUR 214.05 on October 19, 2026, 1.34 percent below Xetra close.

Brand leadership changes

Alexander McQueen said Sean McGirr would leave on October 15, 2026 after three years.
Kering reported EUR 7.22 billion in first-half 2026 revenue, up 1.00 percent on a comparable basis.
Kering stock trades at EUR 214.05 at 9:17 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.34 percent below the Xetra close of October 16, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte und Luxusgüter-Utensilien auf dunklem Grund — Flatlay mit Aktienzertifikat und ISIN-Karte FR0000121485 illustriert Kapitalmarkt-Präsenz von Kering S.A. anschaulich, Illustration mit AI erstellt.

Kering announced on October 15, 2026, that Sean McGirr would leave his role as creative director of Alexander McQueen after three years, according to Kering. The house said it would soon announce new creative leadership. Kering stock was down 1.34 percent against the Xetra close by 9:17 a.m. CEST.

Three leadership changes in 2026

The latest move extends a sequence of brand-level changes. On July 28, 2026, Kering reported first-half revenue of EUR 7.22 billion, up 1.00 percent on a comparable basis, in its official results release at Kering. On October 9, 2026, Saint Laurent announced that creative director Anthony Vaccarello was leaving after 10 years, also in a Kering release. McGirr's departure followed on October 15, 2026, after three years at Alexander McQueen.

What does the reset mean?

The leadership turnover puts execution at the center of Kering's recovery story. First-half revenue growth of 1.00 percent was modest, even as the group described performance improvement and strategy execution as being on track in its July 28, 2026 results materials. For investors, the next test is whether brand changes support a stronger sales trend rather than add another transition period.

Third-quarter sales come next

Kering is due to report third-quarter sales on October 22, 2026, according to Reuters. That date provides the next quantified checkpoint for the turnaround, while the McQueen decision adds a leadership variable ahead of the update.

Stock trades below the Xetra close

Kering stock was trading at EUR 214.05 at Lang & Schwarz on October 19, 2026 at 9:17 a.m. CEST, 1.34 percent below the Xetra close of October 16, 2026 at EUR 216.95. The primary Euronext Paris listing was quoted in euros, while Kering's market capitalization was EUR 26.2 billion as of October 19, 2026. The 52-week range was EUR 203.20 to EUR 354.20 on the same date.

The further course of trading is shown by the continuously updated real-time quote of Kering stock.