European shares rose on Wednesday on a boost from shares of Kering after top management changes at the luxury group, while London stocks firmed following data which showed a faster-than-expected slowdown in British inflation.
The pan-European STOXX 600 index was up 0.2% by 0817 GMT, extending gains to the second straight session.
Kering jumped 5.9% after the French luxury goods group on Tuesday named managing director Jean-Francois Palus as Gucci's new CEO and president for a transitional period, with incumbent Marco Bizzarri to leave on Sept. 23.
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