French luxury goods group Kering (OTCPK:PPRUF) announced the acquisition of stakes in two Italian eyewear manufacturers, ...

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 ...

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 ...

The group will become the owner of 100 percent of Visard and a minority shareholder of Mistral, with the option to complete ...

Kering’s shares took a beating on Friday as they fell 10% after the French luxury giant announced the new creative lead for its biggest brand, Gucci. Demna Gvasalia, a Georgian-born designer who ...

(Reuters) -Italian luxury brand Gucci has appointed Georgian designer Demna as its artistic director, owner Kering said on Thursday, as it tries to revitalise its struggling flagship label and ...

Kering lost nearly $3 billion in market value due to appointing in-house designer Demna to lead Gucci’s creative direction, resulting in a 13% drop in ...

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's ...

Demna — who only goes by his first name, as of 2021 — will begin his new role in early July, Gucci owner Kering confirmed to CNN via a press release. However, in a sign investors didn’t take ...

The Qatar Investment Authority said on Thursday it had no intention to buy Kering's prestigious building on via ...

LVMH stock tumbles 8% as Q1 sales fall short, dragging luxury peers lower amid geopolitical tensions and economic concerns.

Once one of the industry's biggest success stories, Gucci has suffered a prolonged sales decline, with revenue down 24% in the fourth quarter of 2024. Demna, known by only his first name, has ...