Sabato De Sarno Departs Gucci, Sparking Succession Speculation, Analysts’ Reaction
De Sarno’s appointment was “a key ingredient in management’s strategy to push Gucci towards a more mainstream position. His departure suggests that consumers have not bought in to this ‘timeless Gucci’ theme, despite management’s lowered expectations for 4Q24.”
Kering: Gucci ends its collaboration with Sabato de Sarno
Press release - Gucci ends its collaboration with Sabato De Sarno 06 02 25 PRESS RELEASE February 6, 2025 GUCCI ENDS ITS COLLABORATION WITH SABATO DE SARNO Gucci today announces the end of its collaboration with Creative Director Sabato De Sarno.
Kering’s Gucci Parts Ways With Creative Director Sabato De Sarno
Kering’s flagship label Gucci ended its collaboration with creative director Sabato De Sarno as the brand faces weak demand and as the French group seeks to rejuvenate its fashion houses.
Sabato De Sarno Parts Ways With Gucci
In a surprising start to New York Fashion Week, the latest creative director shuffle comes straight from Milan: Sabato De Sarno is exiting Gucci after two years with the Italian luxury house, Kering announced on Thursday.
Gucci's creative director Sabato de Sarno departs amid brand's struggles
Sabato de Sarno, the creative director of Gucci, is stepping down after a two-year tenure, as parent company Kering (EPA:PRTP) SA grapples with the Italian fashion label's declining performance. The company has not yet announced a successor for De Sarno.
Why China’s Luxury Boom Went Bust
For years, the nation’s consumers drove the global stampede for high-priced goods, fueling profits for giants like LVMH and ...
Bernstein Remains a Hold on Kering SA (0IIH)
Bernstein analyst Luca Solca maintained a Hold rating on Kering SA (0IIH – Research Report) today and set a price target of €220.00. The ...
Kering parts ways with Gucci design chief after 2 years
French luxury group Kering has parted ways with the designer of its biggest brand Gucci, just two years after he was hired to lead a turnaround at the struggling Italian fashion house.
Global Stocks in Spotlight: BYD, Kering, Maersk
Gucci, the luxury-goods group's flagship label, said it would [part ways with creative head Sabato De Sarno.]( ...
Gucci design chief De Sarno steps down as Kering targets turnaround
Kering has parted ways with Gucci’s creative director Sabato de Sarno, two years after he was hired to lead a turnaround at ...
J.P. Morgan Reaffirms Their Sell Rating on Kering SA (0IIH)
In a report released today, Chiara Battistini from J.P. Morgan maintained a Sell rating on Kering SA (0IIH – Research Report), with a price ...
Under pressure, Gucci says design chief De Sarno to leave
Gucci-owner Kering said on Thursday its creative director Sabato de Sarno would leave the Italian flagship label after less than two years in the job, the latest high-profile designer change as the ...
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Kering's Gucci parts ways with creative director De Sarno
Kering's Gucci on Thursday announced in a statement that it was parting ways with its creative director Sabato De Sarno. The ...
Kering Sells Italian Luxury Outlets to U.S. Investor Simon
PARIS (Reuters) - French luxury group Kering announced on Thursday it had sold 100% of its Italian The Mall Luxury Outlets to ...
EXCLUSIVE: Kering Heads to the Suburbs to Support Young Design Talent
PARIS — Kering is venturing outside the city to become the official partner of a creative hub in Paris’ northern suburbs ...