Kering’s shares closed down 11%. Although widely praised ... is known by one name – was a risky pick for much larger label Gucci with its reputation for timeless elegance.
French luxury group Kering closed two Gucci stores in Shanghai last month – in Réel Department Store near the landmark Jing’an Temple and New World Daimaru on the city’s busiest shopping st ...
Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic ...
Last Thursday, fans were shocked when Demna, from Georgia, was named as Gucci's new artistic director, officially due to take over the role in July.
European markets were higher on Friday, with geopolitical developments, economic updates and corporate earnings in focus.
Shares closed down 10.7%, paring earlier losses of ... His creative power is exactly what Gucci needs," Kering's chairman and CEO François-Henri Pinault said in a statement.
A MAJOR department chain with more than 50 stores will reportedly close three shops. Frasers Group is planning to close three ...
Some retail experts say the traditional department store is on its way out in Canada because it didn't change with the times.
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