Kering shares took a hit this week after Gucci announced that Balenciaga’s Demna would be stepping into the role of Artistic Director, effective this July. Per a report from Reuters, which also ...

Much rides on Demna making a success of his appointment. Gucci, which accounts for just under half of Kering sales, reported a 23% drop in sales to €7.65B ($8.34B) for 2024, in figures released ...