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@ anubisSonOfRa
2025-05-04 08:41:10
Gucci desperate? $KER.PA
Gucci and Kering not doing very well. Stock price is one indicator, this is another one. Almost a desperate move.
https://blossom.primal.net/1a29580ab6b312c88cb513e5096354ad7d12a637982b9efaefd513911d4aa0f1.png
Lets see if newly appointed creative director Demna Gvasalia can turn things around.
I'm not a fan of Demna's clothes by any means, but there's no denying his massive impact on fashion the last 10 years. More so than any other designer during this period.
His work at Vetements and Balenciaga will written about in books.
Starting Vetements and taking it from nothing to the biggest hype in fashion in such a short period of time was an amazing feat. I don't think I've witnessed anything similar before nor after.
And then taking Balenciaga from a sleeping brand no one was paying attention to to the most hyped one, surpassing even Vetements.
The Kering group consists of more brands than Gucci of course, but Gucci's share of the revenues is above 40%. If Demna is successful here, Kering will probably be out of the woods.
Not buying the clothes and not buying the stock.
Speaking of, the only Gucci I care about, Gucci Mane! Legend! ❤️🙌
https://www.youtube.com/watch?v=bTvLDYbs89E