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.
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 ...
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 artistic director of Gucci.
ABC News16d
Gucci names Demna new aristic director, as he moves from Kering sister brand Balenciaga
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 ...
Demna Is the New Designer at Gucci
The Georgian creative will wrap up his tenure at Balenciaga with a couture show on July 9. His successor has yet to be named.
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 ...
Gucci names Demna new aristic director, as he moves from Kering sister brand Balenciaga
ROME (AP) — Gucci announced Thursday that the Balenciaga artistic director Demna, who goes by one name, will take over the creative direction of the Italian luxury fashion house, starting in July.