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Kering lost nearly $3 billion in market value due to appointing in-house designer Demna to lead Gucci’s creative direction, resulting in a 13% drop in shares. Analysts question if Demna’s ...
At the end of COVID, Kering was doing well, mainly on the back of their most famous house, Gucci. New money crypto millionaires dressed hat-to-shoes in their double-G monogram; women worldwide ...
Shares in Kering sank, after the French fashion conglomerate named the provocative designer Demna as artistic director of Gucci, its largest brand. Kering stock recently stood more than 13% lower ...