Kering’s Creative Shake-up Puts Its Turnaround to the Test
Summary
Gucci missed third-quarter forecasts, putting Kering’s latest round of designer changes under scrutiny as the group seeks to revive its performance.
The missed forecast raises the stakes for Kering’s creative leadership changes: they must translate into
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Kering’s ability to stabilize Gucci will determine whether its turnaround gains credibility or faces deeper pressure.