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Kering sinks on Gucci's appointment of Demna Gvasalia
In This Article:
Kering (PPRUF) shares are slumping after Demna Gvasalia (known mononymously as Demna), the creative director of Balenciaga, was appointed as the new head of Gucci.
Morning Brief hosts Brad Smith and Madison Mills discuss the negative analyst response and concerns over Demna's controversial past affecting Gucci's future.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
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