The luxury market has been on a downward spiral over the last few years, facing one of its worst slumps since the Great ...

A slump in luxury fashion is prompting designer reshuffles at top houses Gucci, Chanel and Dior to reignite heat around their ...

Last week's announcement that Gucci had appointed Balenciaga designer Demna to head its design teams sent Kering shares down ...

Luxury fashion is experiencing a downturn, prompting top brands like Gucci, Chanel, and Dior to rearrange creative directors.

Kering made at least five mistakes in choosing Demna for Gucci. Analyst Susanna Nicoletti reconstructs the giant's choices ...