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”….
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