{"id":9914,"date":"2023-07-20T22:05:20","date_gmt":"2023-07-20T22:05:20","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/no-quick-fix-for-gucci-as-investors-cheer-management-overhaul\/"},"modified":"2023-07-20T22:05:20","modified_gmt":"2023-07-20T22:05:20","slug":"no-quick-fix-for-gucci-as-investors-cheer-management-overhaul","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/no-quick-fix-for-gucci-as-investors-cheer-management-overhaul\/","title":{"rendered":"No Quick Fix for Gucci as Investors Cheer Management Overhaul"},"content":{"rendered":"

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Shares of Kering, the luxury group that owns Gucci, rose over 6% as investors reacted positively to a major management reshuffle aimed at revitalizing Gucci\u2019s sales. The company announced that Gucci\u2019s current CEO, Marco Bizzarri, will leave in September, with Jean-Francois Palus taking over as CEO and president during a transitional period. Francesca Bellettini was named Kering\u2019s deputy CEO in charge of brand development, and Jean-Marc Duplaix was appointed deputy CEO in charge of operations and finance, as part of the efforts to steer a new course for Gucci, which accounts for half of Kering\u2019s sales and nearly two-thirds of its operating profit.<\/p>\n<\/div>\n

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Shares of Kering, the luxury group that owns Gucci, rose over 6% as investors reacted positively to a major management reshuffle aimed at revitalizing Gucci\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-9914","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/9914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=9914"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/9914\/revisions"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=9914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=9914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=9914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}