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Spotlight | France
Pinault family splashes out in hope of offsetting losses

Kering CEO François-Henri Pinault and his father François Pinault.
Kering CEO François-Henri Pinault and his father François Pinault. © Studio Pachamama
With the slump in Kering's performance threatening to eat into dividends, the Pinault family - its principal shareholder - is investing heavily to diversify its family office. Its other traditional sources of revenue, such as wine, tourism and art, are also becoming less bankable. [...]
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