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Kering Shares Take Hit

Kering shares plunge 11% after Demna Gvasalia named as Gucci's artistic director

Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.

The Wall Street Journal on MSN · 15h

Kering’s Shares Drop After Appointment of Demna as Gucci’s New Artistic Director

The French luxury-goods company named Demna Gvasalia as the new artistic director of its flagship label Gucci, as the group seeks a brand turnaround amid a challenging market backdrop for luxury names.

Reuters on MSN · 17h

Kering Shares Down 10% After Appointment of Demna as Gucci Designer

PARIS (Reuters) - Kering shares tanked on Friday morning after the group led by Francois-Henri Pinault chose to bet on subversive in-house talent Demna to reinvigorate its Gucci label rather than hiring a big-ticket name from fashion's overheating job market.

10hon MSN

Gucci's pick of Demna as new design chief unsettles Kering investors

Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its ...

Devdiscourse13h

Demna's Bold Appointment: Can Gucci's New Visionary Reignite Its Timeless Appeal?

Kering's decision to appoint Balenciaga designer Demna as Gucci's chief designer saw a $3 billion loss in stock value.

Gucci Makes Bold Choice for New Designer

The great Gucci reset is here. On Wednesday, the Italian fashion house named Demna, the mononymic designer who transformed ...

17h

Luxury Analysts Are Lukewarm on Demna at Gucci

PARIS– Luxury analysts had been plumping for Gucci to name a high-profile creative director to reverse its declining business, but they seem lukewarm on the choice of Demna, who made Balenciaga a ...

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