PARIS, Feb 6 — Gucci design chief Sabato De Sarno will leave the Italian flagship label after less than two years in the job, owner Kering said today, as the brand battles to...
Gucci , which is part of the Kering luxury group, announced today that it is ‘ending its collaboration’ with its creative director, Sabato de Sarno, who was appointed at the beginning of 2023. — AFP picas a first-time user . Exclusively for Malay Mail readers: Use codePARIS, Feb 6 — Gucci design chief Sabato De Sarno will leave the Italian flagship label after less than two years in the job, owner Kering said today, as the brand battles to turn around its fortunes amid weak sales.
The move comes less than a week before Kering is due to post full-year results. Its shares were down almost 3 per cent in early trade, underperforming industry peers. Barclays analyst Carole Madjo said the brand, famous for its loafers, handbags and belts, faced a battle to recover. De Sarno’s departure is the first major move by brand chief executive Stefano Cantino who was appointed last year.
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