Demna to become creative director of Gucci
Demna arrives at a brand sorely in need of a change in fortunes. Under Alessandro Michele, its creative director from 2015 to 2022, Gucci’s revenues tripled to more than €10.5bn. However, his successor De Sarno delivered only six collections before his departure was announced in February.
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 ...
Kering, the owner of Gucci, reported lower revenue for the fourth quarter at a time when some peers have signaled a potential rebound in demand for luxury goods. The French luxury group booked ...
Kering SA (PPRUF) has made significant progress in reducing inventories, particularly at Gucci, which saw a 40% reduction over two years. Kering SA (PPRUF) faced a challenging 2024, with ...
You know that the sector is going through a retailization and also the Kering Group but it's not one strategy fits all. Gucci retailization is close to 95%. 95% of its revenues come from retail.
Kepler Cheuvreux analyst Charles-Louis Scotti upgraded Kering (PPRUY) to Buy from Hold with a price target of EUR 350, up from EUR 250. The ...
The great Gucci reset is here. On Wednesday, the Italian fashion house named Demna, the mononymic designer who transformed Balenciaga from a niche luxury house into one of the most provocative, ...
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