{"id":97987,"date":"2023-01-30T10:33:22","date_gmt":"2023-01-30T09:33:22","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=97987"},"modified":"2023-01-30T14:35:44","modified_gmt":"2023-01-30T13:35:44","slug":"kering-shares-hold-steady-despite-gucci-creative-directors-appointment","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/kering-shares-hold-steady-despite-gucci-creative-directors-appointment\/","title":{"rendered":"Kering: shares hold steady despite Gucci creative director&#8217;s appointment"},"content":{"rendered":"<h4>The appointment of Sabato De Sarno to reinvigorate the Gucci brand barely moved shares of French luxury group Kering in early trading Monday.<!--more--><\/h4>\n<p>&nbsp;<\/p>\n<p>Gucci&#8217;s parent company has had a very complicated 2022 in the stock market, with a much steeper decline than those of LVMH and Herm\u00e8s. Kering has indeed seen its share price plunge 32.7% accusing the fourth largest decline in the CAC 40, while LVMH and Hermes have well limited the damage (-6.5% and -5% respectively).<\/p>\n<p>&nbsp;<\/p>\n<p>After Gucci&#8217;s disappointing performance &#8211; which overshadowed the excellent momentum of the group&#8217;s other brands &#8211; the group had been under pressure to quickly appoint someone as Gucci&#8217;s lead designer following the abrupt departure of Alessandro Michele last November.<\/p>\n<p>&nbsp;<\/p>\n<p>De Sarno, a senior stylist at Valentino, will be tasked with reviving the fortunes of a brand that accounted for two-thirds of Kering&#8217;s profits in 2021.<\/p>\n<p>&nbsp;<\/p>\n<p>The label has been on the decline in recent years after dramatic growth in 2015-19.<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/alessandro-michele-to-leave-gucci\/\">Alessandro Michele to leave Gucci<\/a><\/p>\n<div class=\"thb-post-title-bottom thb-post-share-style3\">\n<div class=\"thb-post-title-inline-author\"><\/div>\n<\/div>\n<div class=\"thb-post-title-bottom thb-post-share-style3\">\n<div class=\"thb-post-title-inline-author\"><\/div>\n<\/div>\n<p>Featured photo : \u00a9 Gucci<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The appointment of Sabato De Sarno to reinvigorate the Gucci brand barely moved shares of French luxury group Kering in early trading Monday.<\/p>\n","protected":false},"author":1,"featured_media":98021,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The appointment of Sabato De Sarno to reinvigorate the Gucci brand barely moved shares of French luxury group Kering in early trading Monday.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Kering,Gucci,French luxury group Kering","footnotes":""},"categories":[22529,1],"tags":[22419],"class_list":["post-97987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-carrieres","category-luxus-fr","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/97987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=97987"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/97987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/98021"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=97987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=97987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=97987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}