Kering sinks on Gucci's appointment of Demna Gvasalia
Kering (PPRUF) shares are slumping after Demna Gvasalia (known mononymously as Demna), the creative director of Balenciaga, was appointed as the new head of Gucci. Morning Brief hosts Brad Smith and Madison Mills discuss the negative analyst response and concerns over Demna's controversial past affecting Gucci's future.
Demna has a strong viewpoint ... which is the secret sauce for a brand like Gucci,” Bernstein SG analyst Luca Solca said.
Kering (PPRUF) has experienced 6 consecutive quarters of revenue declines, struggling to maintain growth. Read why I remain ...
Kering, which also owns Bottega Veneta, Saint Laurent and McQueen, praised Demna’s tenure at Balenciaga, where he has been ...
RBC Capital analyst Piral Dadhania maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €260.00. The ...
Kering SA disappointed investors by naming an internal designer to oversee a makeover of its struggling Gucci brand, turning ...
Shares in François-Henri Pinault luxury fashion empire Kering fell sharply on Friday following his decision to appoint ...
J.P. Morgan analyst Chiara Battistini maintained a Sell rating on Kering SA (0IIH – Research Report) today. The company’s shares closed ...
Kering SA (OTCMKTS:PPRUY – Get Free Report) has received a consensus recommendation of “Reduce” from the eight brokerages ...
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