PARIS (Reuters) – Kering’s boss said on Thursday acquisitions could make sense in the near future for the group, the strongest indication to date that the luxury giant could move further into M&A.
“For sure, acquisitions could make sense in the near future for the group,” Kering chairman and CEO François-Henri Pinault told analysts in a conference call after results, adding the group’s balance sheet was very healthy.
(Reporting by Silvia Aloisi, editing by Mimosa Spencer)
