Kering said the “The Mall Luxury Outlets” unit to US real estate companies Simon, the French luxury Konglomarit stated in a statement on Thursday.
The sale creates a pure income of about 350 million euros ($ 365 million) for Gucci owners, and is more intense than the colleagues due to the gorgeous speed in the world. KERING’s sales and profits have fallen, and its shares have been traded at the lowest price since 2017.
Earlier this month, the gorgeous giant sold the majority of the three Paris’s property to the French private Equitistians and earned about 837 million euros ($ 861 million).
“THE MALL” is operated in two gorgeous outlet villages in Italy, one near Florence, and the other in San Lemo, a town town of Riviera. Kering explained the unit as “non -core” to maintain its presence in both places after the sales of the brand, but to make the outlet exposure tailored.
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