Luca Solca (Bernstein) and Thomas Chauvet (Citi) have little doubt: Kering was right to make a change to Gucci’s creative management. Because the run of the group’s admiral brand, from which the financial results of the group are strongly impacted, was coming to halt. And in a competitive luxury market where dimensional limits don’t seem to exist, it’s right to…
Gucci, the analysts: Kering was right, but the transition will cost them
