Kering's shares dropped sharply after appointing Balenciaga designer Demna as Gucci's new design chief, replacing Sabato de Sarno. Analysts view the move as risky due to Gucci's need to revive sales ...
J.P. Morgan analysts called Demna's appointment a "controversial choice," citing early feedback on social media and fashion blogs and a "question mark" now hanging over the brand's creative future.
The choice of Demna, creative director of Balenciaga, to take up the same position at Gucci, Kering's flagship brand, sent ...
Yesterday, on March 13, 2025, Demna Gvasalia, former creative director of Balenciaga, officially stepped into his new role at ...
On March 13, Gucci announced that Demna will be the brand's newest creative director. The 43-year-old designer was formerly ...
Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.
Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its ...
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 challenging ...
Demna, who is known only by his first name and for bringing streetwear into Kering’s smaller Balenciaga unit in 2016, will be ...
PARIS– Luxury analysts had been plumping for Gucci to name a high-profile creative director to reverse its declining business, but they seem lukewarm on the choice of Demna, who made Balenciaga a ...
Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic ...
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