The group will become the owner of 100 percent of Visard and a minority shareholder of Mistral, with the option to complete ...
Gucci has tried hard to be provocative and relevant in the past, which has led to head-scratchers — like a sweater resembling ...
Kering Eyewear acquires Visard and invests in Mistral to strengthen its eyewear division and expand its industrial ...
The markets seem to share this fear, as Kering’s shares fell 12% after the announcement, bringing them to a value of just over $27 billion. But I wouldn’t expect this. Though Demna fell in a rut at ...
Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its ...
Equity prices had significant predictive power for luxury sales before the pandemic; 59% lagged correlating with luxury ...
The 43-year-old Georgian-born designer will oversee his final couture show at Balenciaga on 9 July before decamping to ...
Luxury group Kering (Gucci, Saint Laurent) and investment firm Ardian have closed their investment transaction regarding a ...
Gvasalia, known as Demna in the industry, joins internally from Kering-owned Balenciaga. He replaces Sabato De Sarno, whose departure was announced last month. Shares closed down 10.7% ...
Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.
Kering, which also owns Bottega Veneta, Saint Laurent and McQueen, praised Demna’s tenure at Balenciaga, where he has been creative director since 2015, during which he “redefined modern ...