Gucci has announced that the Balenciaga artistic director Demna, who goes by one name, will take over the creative direction ...

Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic ...

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 SA appointed Balenciaga designer Demna Gvasalia to oversee a makeover of its struggling Gucci fashion label, ...

However, his tenure at Balenciaga was also marred by controversy in 2022 over an ad campaign involving children, which led to significant backlash. Despite this, Kering retained him, recognizing ...

Kering’s shares fell by up to 13% in Paris and posted their worst day in almost a year following the appointment of Balenciaga designer Demna. Kering’s shares closed down 11%. Although widely ...

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% ...

who was previously creative director at Kering’s Balenciaga label, had been tapped as the new artistic director of Gucci, was greeted with surprise by the fashion world and sector analysts.

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 ...