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Kering will be booted from Europe’s premier blue-chip index as defense giant Rheinmetall boosted by the continent’s war footing
fortune.com/europe/2025/06/03/kering-euro-stoxx-50-index-rheinmetall-kering
It’s been a boom time for defense companies for the last few years—and the opposite of that for luxury companies.
The result? German arms maker Rheinmetall will soon become part of the Euro Stoxx 50 benchmark of the largest listed European firms, replacing Gucci owner Kering.
The…
This story appeared on fortune.com, 2025-06-03 11:11:54.