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

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’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 ...

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 ...

Shares of Kering plunged on Friday after the company announced that Demna Gvasalia would take the reins as new artistic director of its ailing Gucci fashion line. Gvasalia, known as Demna in the ...

Demna’s new official portrait At Cantino’s side was Francesca Bellettini, Kering deputy CEO in charge of brand development, who noted Demna would wrap his tenure at Balenciaga with an haute ...

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% ...

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 ...

“He has proven his capability to reshape Balenciaga during his tenure, its identity and, of course, its fashion point of view.” At Cantino’s side was Francesca Bellettini, Kering deputy CEO in charge ...

Kering's shares fell by up to 13% in morning trade in Paris and were on track for their worst day in almost a year following the appointment of Balenciaga designer Demna. Although widely praised ...

Demna, who goes by one name, has been at Kering-owned Balenciaga for a decade. He brings with him the title of artistic director. “I am truly excited to join the Gucci family,’’ he said in a ...