Gucci, Kering and Demna

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 Gucci label rather than hiring one of fashion's big-ticket names as chief designer.
Kering’s Pick to Revamp Gucci Designs Falls Flat With Investors
Kering SA appointed Balenciaga designer Demna Gvasalia to oversee a makeover of its struggling Gucci fashion label, disappointing investors who had expected a high-profile external hire.
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.
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’s shares tumble 10% as investors agonize over Gucci’s new artistic director. But the ‘iconoclast’ might be what the brand needs
Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.
Kering Shares Fall 12% After Demna's Gucci Appointment
Kering shares dropped a significant 12% on Friday morning, following the announcement of Demna’s appointment at Gucci on Thursday afternoon.
Kering appoints Demna as Gucci's artistic director
Italian luxury brand Gucci has appointed Georgian designer Demna as its artistic director, owner Kering said on Thursday, as it tries to revitalise its struggling flagship label and stop a slide in sales.
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’s Choice of Insider to Revamp Gucci Prompts Selloff
Kering SA disappointed investors by naming an internal designer to oversee a makeover of its struggling Gucci brand, turning to Balenciaga’s Demna Gvasalia rather than a high-profile external hire.
Kering shares plunge after it picks in-house designer for key Gucci brand
Kering shares dropped sharply 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 jobs market.
Why are Kering shares tumbling, and what does Demna Gvasalia have to do with it?
Shares of Kering SA nosedived nearly 13% on Friday after the luxury fashion house announced Demna Gvasalia as the new ...
Kering: Not My Pick Amid Luxury Sector Volatility
Kering (PPRUF) has experienced 6 consecutive quarters of revenue declines, struggling to maintain growth. Read why I remain ...
Gucci names Demna new aristic director, as he moves from Kering sister brand Balenciaga
Gucci has announced that the Balenciaga artistic director Demna, who goes by one name, will take over the creative direction ...
Kering SA (0IIH) Receives a Hold from RBC Capital
RBC Capital analyst Piral Dadhania maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €260.00. The ...
François-Henri Pinault’s Fashion Empire & Cannes Sponsor Kering Sees Shares Plunge Following Gucci Appointment
Shares in François-Henri Pinault luxury fashion empire Kering fell sharply on Friday following his decision to appoint ...
He made Ikea bags chic and sold ‘destroyed’ sneakers. Now, he’s the designer of Gucci
Kering, which also owns Bottega Veneta, Saint Laurent and McQueen, praised Demna’s tenure at Balenciaga, where he has been ...
J.P. Morgan Remains a Sell on Kering SA (0IIH)
J.P. Morgan analyst Chiara Battistini maintained a Sell rating on Kering SA (0IIH – Research Report) today. The company’s shares closed ...
Kering SA (OTCMKTS:PPRUY) Given Average Recommendation of “Reduce” by Brokerages
Kering SA (OTCMKTS:PPRUY – Get Free Report) has received a consensus recommendation of “Reduce” from the eight brokerages ...