Kering Stock Tumbles After Edgy Designer Demna Named to Lead Gucci
Shares in Kering sank, after the French fashion conglomerate named the provocative designer Demna as artistic director of Gucci, its largest brand. Kering stock recently stood more than 13% lower, putting the shares on course for one of their biggest one-day drops on record,
Kering sinks on Gucci's appointment of Demna Gvasalia
Kering (PPRUF) shares are slumping after Demna Gvasalia (known mononymously as Demna), the creative director of Balenciaga, was appointed as the new head of Gucci. Morning Brief hosts Brad Smith and Madison Mills discuss the negative analyst response and concerns over Demna's controversial past affecting Gucci's future.
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 ...
Francois-Henri Pinault’s Fashion Empire & Cannes Sponsor Kering Sees Shares Plunge Following Gucci Appointment ...
Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.
Kering appointed Demna Gvasalia as artistic director of Gucci, turning to the Balenciaga designer to inject new life into its ...
The 43-year-old Georgian-born designer will oversee his final couture show at Balenciaga on 6 July before decamping to ...
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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