Published on 21 Jan 2024 on Bloomberg via Yahoo Finance
(Bloomberg) -- Kering SA, the fashion firm that owns Gucci and Balenciaga, purchased a building on Manhattan’s Fifth Avenue for $963 million, the latest massive New York City real estate deal by a global luxury company.
Most Read from Bloomberg
China Weighs Stock Market Rescue Package Backed by $278 BillionFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketMorgan Stanley, JPMorgan Say Buy the Dip After Treasury Rout