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Kering shares were 12% pled after Demna Gvasalia, called Gucci’s artistic director


The Gucci store, managed by Kering SA, in China, China, October 12, 2024 in the Sanlite region of China.

Bloomberg | Bloomberg | Getty pictures

Shares Get dry Demna Gvasalia’s bull in Friday on Friday announced that he would receive a table as a new artistic director of the Gucci fashion line.

Gvasalia, known as Demna in the industry, joins internally from Balenciaga belonging to Kergide. He replaces Sabato de Sarno, where the departure was announced last month.

Shares decreased by 12.4% by London time at 9:21. According to the Slide, Reuters, the company’s largest stock price for October 2008.

“The great contribution of Demna’s contribution to the industry and the success of the group is great. His creativity is the need for Gucci,” said Kering’s chairman and the leader of the CEO Franult-Henri-Henry said Pinault.

Since Tom Ford since the first non-first artistic director of Georgia National and Gucci’s first artistic director Demna, Kering’s small label Balenciaga for almost a decade. Recognized to bring street dresses to the luxury area.

He appealed to the disputes after an advertising campaign that includes children with annoyance in 2022. An advertisement, in the form of a teddy strap that holds a baby in the form of a teddy bear in the form of a teddy strap, another feature documents, including 2008 Supreme Court.

The final proposal to turn the main Gucci label, which is about half of the total group revenues of the destination, but the main demand from the main potential demand.

Gucci Sale 24% collapsed Every year, Kering, Kering, last month in the fourth quarter, gave information in the event of a wider 12% fall.

Kering confirmed that the democris will enter into force in July 2025.

Kering could search a foreign meeting to revive Gucci’s fortune after the best shift of maximalist style in the expansion style “Quiet luxury”.

Jefferies analysts, who wrote on Thursday, said that Gucci needs to react to the Fashion Application, the company should now “move in PACE”.

“Given that Demna will take the role of early July, we are already waited by Gucci’s September National Fashion Demonstration or we have to wait until 2026.



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