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Kering shares plunge 12% after Demna Gvasalia named as Gucci's artistic director

CNBC
Summary
Nutrition label

74% Informative

Gvasalia , known as Demna in the industry, joins internally from Kering -owned Balenciaga .

He replaces Sabato De Sarno , whose departure was announced last month .

Gucci sales plunged 24% annually in the fourth quarter to 1.92 billion euros .

VR Score

80

Informative language

83

Neutral language

56

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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