Kering shares plunge after it picks in-house designer for key Gucci brand
Kering's shares dropped sharply after appointing Balenciaga designer Demna as Gucci's new design chief, replacing Sabato de Sarno. Analysts view the move as risky due to Gucci's need to revive sales and redefine artistic direction.
Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.
Gucci has announced that the Balenciaga artistic director Demna, who goes by one name, will take over the creative direction ...
Yesterday, on March 13, 2025, Demna Gvasalia, former creative director of Balenciaga, officially stepped into his new role at ...
Francois-Henri Pinault’s Fashion Empire & Cannes Sponsor Kering Sees Shares Plunge Following Gucci Appointment ...
After a decade with the brand, Demna is leaving for Gucci, but first, we're looking back at the designer's most notable red ...
Kering SA disappointed investors by naming an internal designer to oversee a makeover of its struggling Gucci brand, turning ...
Kering, which also owns Bottega Veneta, Saint Laurent and McQueen, praised Demna’s tenure at Balenciaga, where he has been ...
Kering's decision to appoint Balenciaga designer Demna as Gucci's creative director led to a $3 billion stock drop. Analysts ...
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