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.

Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.

Kering shares took a hit this week after Gucci announced that Balenciaga’s Demna would be stepping into the role of Artistic Director, effective this July. Per a report from Reuters, which also ...

And so, in February, Kering sacked him and went out searching for a more ... which looked like a pair of Converse that went through a lawnmower. Balenciaga Gimmick Items. Courtesy of Gucci With this ...

Shares in Kering tumbled after 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 ...

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

Shares of Kering plunged on Friday after the company announced that Demna Gvasalia would take the reins as new artistic director of its ailing Gucci fashion line. Gvasalia, known as Demna in the ...

Once one of the industry's biggest success stories, Gucci has suffered a prolonged sales decline, with revenue down 24% in the fourth quarter of 2024. Demna, known by only his first name, has ...

Gucci and its French parent Kering said in a statement that Demna “has redefined modern luxury, earning global recognition and cementing his authority on the industry.’’ Demna has been at Kering-owned ...

Gucci—and as a result, Kering—has been under pressure to boost ... Balenciaga apologized for the ad and took down the items on sale. That scandal impacts Balenciaga’s sales for a brief ...