Gucci C.E.O. to Exit Amid Leadership Shake-Up at Kering
The fashion label’s owner, the Kering group, unveiled a new roster of executives as it tries to begin a new chapter and leave the shadow of its rival, LVMH.
Gucci C.E.O. to Exit Amid Leadership Shake-Up at Kering
- Thread starter Grand Maven
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Interesting! Wow big.
Judging by most of the padding and 'stuff' on the Gucci website I'm not surprised (not that I like much at LV either).
If you ask me (and no-one did) pouring money into Balenciaga which doesn't even warrant its own line regards Kering profits, and taking their eyes off the ball at Gucci which accounts for 50% revenue (B2B as well as B2C) was not the best overarching strategy. What about a shake-up at Kering itself?
Judging by most of the padding and 'stuff' on the Gucci website I'm not surprised (not that I like much at LV either).
If you ask me (and no-one did) pouring money into Balenciaga which doesn't even warrant its own line regards Kering profits, and taking their eyes off the ball at Gucci which accounts for 50% revenue (B2B as well as B2C) was not the best overarching strategy. What about a shake-up at Kering itself?
That is big news, although I had a feeling that more corporate shakeups would occur in the wake of Michele's departure. I am sure there is tremendous pressure at Kering to continue playing catch-up with the LVMH group, which dominates the luxury market.
Just a couple of days ago, Megs pointed me to the new Gucci site and I am stunned at how bland and soulless the design is post-remodel.
Just a couple of days ago, Megs pointed me to the new Gucci site and I am stunned at how bland and soulless the design is post-remodel.
Must be a good thing. I saw on Bloomberg early this morning Kering stock was up 6%.
You created a great site my friend. It's better than the Lamborghini and Rolex forums.I'm here every day, primarily involved in behind-the-scenes matters.
The website looks very wordpress plugin kind of
Thank you for the kind words. We do our best.
Kering Names New CFO Armelle Poulou
The appointment comes amid a broader shake-up at the luxury giant, which reshuffled its executive ranks and entered a deal to acquire Valentino from Mayhoola.
Kering Names New CFO Armelle Poulou
The appointment comes amid a broader shake-up at the luxury giant, which reshuffled its executive ranks and entered a deal to acquire Valentino from Mayhoola.www.businessoffashion.com
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