The Economist22h
The luxury industry is poised for a deal wave
The luxury business is in the midst of a painful downturn. Weakening economic growth from America to China has led shoppers ...
Rolling Stone26d
Grupo Frontera Say They ‘Don’t Support Any Political Party Against Immigrants’ Amid Trump Rumors
Grupo Frontera are (again) speaking out against viral rumors that the Mexican American band supports Donald Trump. On Saturday, Grupo Frontera posted a video dispel some of the rumors about their ...
Yahoo Finance27d
Grupo Televisa SAB (TV) Q4 2024 Earnings Call Highlights: Navigating Revenue Declines with ...
Consolidated CapEx: $493 million in 2024, below initial guidance of $793 million. Grupo Televisa SAB (NYSE:TV) achieved a significant improvement in profitability, with the Cable segment's EBITDA ...
Hypebeast7d
Kering Shares Fall 12% After Demna's Gucci Appointment
Kering shares dropped a significant 12% on Friday morning, following the announcement of Demna’s appointment at Gucci on Thursday afternoon. According to Business of Fashion, several analysts ...
New York Post6d
Gucci parent Kering’s shares plummet on pick of new design chief: ‘Who is driving the bus?’
Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its Gucci label rather than hiring one of fashion’s big-ticket names as ...
Deadline.com7d
François-Henri Pinault’s Fashion Empire & Cannes Sponsor Kering Sees Shares Plunge Following Gucci Appointment
Shares in François-Henri Pinault’s luxury fashion empire Kering fell sharply on Friday following his decision to appoint in-house talent Demna as artistic director of the group’s flagging ...
New York Sun4d
Kering Appoints Balenciaga’s Demna Gvasalia as Creative Director of Gucci
At the end of COVID, Kering was doing well, mainly on the back of their most famous house, Gucci. New money crypto millionaires dressed hat-to-shoes in their double-G monogram; women worldwide ...
Wall Street Journal7d
Kering’s Shares Drop After Appointment of Demna as Gucci’s New Artistic Director
Shares in Kering tumbled after the French luxury-goods company named Demna Gvasalia as the new artistic director of its flagship label Gucci, as the group seeks a brand turnaround amid a ...
Wall Street Journal6d
Kering Stock Tumbles After Edgy Designer Demna Named to Lead Gucci
Shares in Kering sank, after the French fashion conglomerate named the provocative designer Demna as artistic director of Gucci, its largest brand. Kering stock recently stood more than 13% lower ...
Investing7d
Gucci’s pick of Demna as new design chief unsettles Kering investors
PARIS/MILAN (Reuters) -Kering lost around $3 billion in stockmarket value on Friday after the group chose in-house talent Demna to reinvigorate its Gucci label rather than hiring one of fashion ...
Hypebeast8d
Demna OUT at Balenciaga, IN at Gucci
In breaking news, Demna has stepped down as the creative director of Balenciaga and shuffled his way across Kering’s halls to Gucci. “Demna’s profound understanding of contemporary culture ...
The Sun Chronicle8d
Gucci names Demna new aristic director, as he moves from Kering sister brand Balenciaga
Gucci and its French parent Kering said in a statement that Demna “has redefined modern luxury, earning global recognition and cementing his authority on the industry.’’ ...