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,
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Kering, which also owns Bottega Veneta, Saint Laurent and McQueen, praised Demna’s tenure at Balenciaga, where he has been ...
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Right on the heels of fashion month, the designer shakeups have already begun. After this morning’s news that Donatella ...
Said Gucci CEO Stefano Cantino in the statement, “I have always admired Demna's creative approach, that is both unique and ...
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 ...
Kering SA disappointed investors by naming an internal designer to oversee a makeover of its struggling Gucci brand, turning ...
Demna will show his final Balenciaga couture collection in July before starting at Gucci. The announcement caps weeks of ...
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