Indianapolis and Paris,, January 30, 2025 / Prnewswire/ -kering and Simon® today announced the finalization of 100 % of the MALL LUXURY OUTLETS entity held by Kering. The mall created in 2001 operates two gorgeous outlet destinations in Italy. One is Rekio, a nearby Florence, and the other is Riviera, Italy in Sun Lemo.
In the case of KERING, the sale of this non -core assets produces a pure income of about 350 million euros.
Simon, which leads the world of shopping, dining, and entertainment assets around the world, is ideally positioned to secure the continuous operation of the mall. Kering brands maintain their presence in these two very high -end shopping villages. This is a strategy that KERING is to gradually concentrate on the exclusive venue.
About cheling
KERING, a global gorgeous group, is developing a series of well -known houses, such as Gucci, St. Rent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boutoni, Pomerat, Dodo, QEELIN, Ginori 1735, etc. Is managed. Same as Kering IEEWEAR and Keringbeauté. Kering allows you to set up new restrictions from a creative expression, creating tomorrow’s luxury in a sustainable and responsible way by placing creativity at the center of the strategy. We have a signature and capture these beliefs: “strengthen your imagination.” In 2023, Kering had 49,000 employees and 19.6 billion euros.
About Simon
Simon® is a real estate investment trust that engages in the ownership of premium shopping, dining, entertainment, complex applications and S & P 100 companies (Simon Property Group, NYSE: SPG). North America, Europe and Asia’s real estate offers millions of people every day for a community rally, creating billions of dollars in annual sales.
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