In the world of luxury fashion, few names echo with as much influence and promise as Francesca Bellettini. Recently appointed as Kering’s deputy CEO for brand development, her mission is not merely to steer one iconic brand but to rejuvenate a constellation of high-end labels, including the flagging Gucci. Bellettini’s track record at Saint Laurent, […]
Gucci-Owner Kering Slumps to 2017 Low on China Demand Fears
Kering SA, the French fashion powerhouse known for its luxury brands including Gucci, has been dealt a significant blow as its stock plummets to a seven-year low. This steep decline can be attributed primarily to alarming reports regarding weakened demand from China, a key market for luxury goods. Analysts are now expressing concerns that the […]
