Some investors are beginning to ask whether Gucci and Kering boss Francois-Henri Pinault should consider passing the baton at his luxury empire and bring in fresh blood.
Luxury in turmoil. After Alessandro Michele s move to Valentino, Stefano Cantino leaves Louis Vuitton and becomes number two at Gucci, in charge since May 2
Gucci Taps Vuitton Executive as Deputy CEO in Turnaround Push bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
Paris: Gucci appointed a new deputy chief executive on Thursday as the Italian fashion house, part of the luxury group Kering, tries to turn around sl.
Fears of a slowdown in luxury spending among Chinese consumers have been growing for some time, and recent events have underscored this concern. Kering SA, the parent co of Gucci, experienced a significant decline in its market value following a warning about slumping sales of Gucci products in China.