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Gucci parent Kering’s shares plummet on pick of new design chief: ‘Who is driving the bus?’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 ...
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 lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its ...
French luxury goods group Kering (PPRUF) announced the acquisition of stakes in two Italian eyewear manufacturers, Visard and ...
One Wall Street analyst now expects worldwide sales of luxury goods will fall by as much as 2% this year, down from a ...
The 43-year-old Georgian-born designer will oversee his final couture show at Balenciaga on 9 July before decamping to ...
Gucci has tried hard to be provocative and relevant in the past, which has led to head-scratchers — like a sweater resembling ...
At the end of COVID, Kering was doing well, mainly on the back of their most famous house, Gucci. New money crypto millionaires dressed hat-to-shoes in their double-G monogram; women worldwide ...
Kering's (PPRUF) 2024 sales fell 12%, EBIT was down 46%, with a year-end net debt of €10.5 billion. Read why I remain neutral ...
Kering’s shares took a beating on Friday as they fell 10% after the French luxury giant announced the new creative lead for its biggest brand, Gucci. Demna Gvasalia, a Georgian-born designer who ...
The group will become the owner of 100 percent of Visard and a minority shareholder of Mistral, with the option to complete ...
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 ...
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