Kering CEO says no plans to move production to U.S. despite tariff threats-March 2024-www.financetom.com

Kering CEO says no plans to move production to U.S. despite tariff threats

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Kering CEO says no plans to move production to U.S. despite tariff threats

Feb 11, 2025 1:09 AM

PARIS, Feb 11 (Reuters) - Kering won't move

production capacities to the United States, its chief executive

Francois-Henri Pinault said on Tuesday when asked if the

prospect of possible new tariffs could lead the company to

change its footprint.

"We are producing in Italy and France, it's part of our

promise", Pinault said.

(Reporting by Tassilo Hummel, editing by Mimosa Spencer)

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