Kering changes McQueen leadership as Kering stock trades at EUR 218.13

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

Kering will publish third-quarter revenue on October 22. Kering stock trades at EUR 218.13 on October 20, 2026, above EUR 206.55 support.

Leadership changes shape near term

Seán McGirr left Alexander McQueen after three years on October 15, 2026.
Kering reported EUR 7.22 billion in first-half revenue and EUR 189.00 million in net income on July 28, 2026.
Kering stock traded at EUR 218.13 at 9:07 a.m. CEST at Lang & Schwarz on October 20, 2026.

Schwarzweiß-Reportagefoto eines Lederhandwerkers an der Werkbank im Atelier — Dokumentarische Schwarzweiß-Aufnahme eines Lederhandwerkers zeigt Handwerkskunst bei Kering S.A. gemäß ISIN FR0000121485 Notierung, Illustration mit AI erstellt.

Kering (ISIN FR0000121485) said on October 15, 2026 that Alexander McQueen creative director Seán McGirr will leave after three years. According to Kering, the house will announce new creative leadership soon.

Three milestones shape the reset

On July 28, 2026, Kering reported first-half revenue of EUR 7.22 billion and net income of EUR 189.00 million. Ideal Investisseur reported that Gucci revenue declined 5.00 percent on a comparable basis during the first half, while net debt fell by EUR 4.70 billion after the sale of Kering Beauty.

On October 9, 2026, Kering's finance page listed the departure of Saint Laurent creative director Anthony Vaccarello. The October 15 announcement at Alexander McQueen made two creative leadership changes visible within six days, adding execution pressure to the group's brand recovery plan.

What does the reshuffle mean for margins?

The immediate test is financial rather than cosmetic. First-half net income of EUR 189.00 million was paired with a 5.00 percent comparable decline at Gucci, so new creative leadership must eventually support sales quality as well as brand identity. The third-quarter revenue release on October 22, 2026 is the next quantified checkpoint, according to Ideal Investisseur.

October 22 brings the next test

Kering's finance page identifies October 22, 2026 as the date for third-quarter revenue. The figure will give investors a clearer read on whether Gucci's 5.00 percent comparable decline is narrowing and whether the leadership changes can be matched by operating improvement.

Stock holds above a key level

Kering stock was trading at EUR 218.13 at Lang & Schwarz on October 20, 2026 at 9:07 a.m. CEST. The quote was above the EUR 206.55 support level cited by Ideal Investisseur on October 19, 2026, while the next company figure arrives with the third-quarter revenue release.

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