PARIS — Kering said on Thursday its managing director Jean-François Palus was moving to London for professional reasons.
A spokesman confirmed press reports that Palus, who is also chairman of the administrative board of Puma SE, was moving to London from Paris.
Kering will relocate its corporate headquarters from the Avenue Hoche in Paris to a sprawling development on the Rue de Sèvres next year. Known as Laennec and previously home to a hospital, the Left Bank site features aseries of historic stone buildings in cross formations, plus a church.
The French group is the parent of a fleet of international brands specializing in fashion and accessories across the luxury and sport-lifestyle segments, the divisions built around Gucci and Puma, respectively.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"