Kering Shares Fall 12% After Demna’s Gucci Appointment
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Founded in 1921, Gucci was known for its Italian-made luggage and leather goods until it was reinvigorated by designer Tom Ford during the 1990s. Under the stewardship of its current creative director, Alessandro Michele, the label is now best known for its eclectic styling, historic references, and freewheeling approach to gender fluidity, and has become one of the world’s most lucrative — and widely imitated — luxury houses.
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Analysts called Demna a “risky pick for much larger label Gucci with its reputation for timeless elegance.”
Balenciaga’s provocateur is next in line to lead Kering’s cash cow. Can he bring Italy’s largest luxury fashion label back to its former glory?
The Georgian designer, known for retro-glamour and satirical motifs, has departed after nearly a decade at the brand.
The controversial material *Stole* the runway this season, leaving audiences and fashion critics alike wondering where luxury dressing goes from here.
The latest silhouette is a high-fashion take on the low-profiled, elastic, and easy to wear.
Following Sabato De Sarno’s departure, the design team returned with a sexier take on retro silhouettes.
Stay up to date on the latest industry trends.
Kering continues to face headwinds after Gucci faces one of its biggest drops since Creative Director Sebato De Sarno’s leadership.
Stay up to date on the latest industry trends.
Ring in the Year of the Snake with lucky envelopes from Loewe, Louis Vuitton, Dior, Audemars Piguet and more.
Shot by filmmaker Xavier Dolan, Sabato De Sarno’s collection is captured in a nostalgic slice-of-life vignette.
