Sabato De Sarno’s debut didn’t cause a “big bang” on the catwalk and that’s why Bernstein failed the new Gucci. How? By lowering Kering’s rating and updating the forecasts for 2024 for its admiral brand: from +6% to +2%. Luca Solca and analysts with Bernstein expected a collection that would have helped “Gucci accelerate quickly”….
No big bang: Bernstein fails the new Gucci
