Kering shares down 10% after appointment of Demna as Gucci designer
Kering shares tanked 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 job market.
Kering SA appointed Balenciaga designer Demna Gvasalia to oversee a makeover of its struggling Gucci fashion label, ...
Kering, which also owns Bottega Veneta, Saint Laurent and McQueen, praised Demna’s tenure at Balenciaga, where he has been ...
Kering (PPRUF) has experienced 6 consecutive quarters of revenue declines, struggling to maintain growth. Read why I remain ...
Jefferies analyst James Grzinic maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €210.00. The ...
European shares rallied at the open on Friday as US tariffs remained in focus and traders assessed an unexpected contraction in UK economic growth in January.
Will Demna’s design DNA be similar at Gucci to what it is at Balenciaga, or will his proposal offer a new aesthetic and new ...
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 – Get Free Report) has received a consensus recommendation of “Reduce” from the eight brokerages ...
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