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<ul>
	<li>Luxury goods company&nbsp;Kering SA&nbsp;PPRUF CEO Francois-Henri Pinault reportedly said, the new creative director for Gucci, Sabato De Sarno is expected to join in the second quarter.</li>
	<li>Gucci announced the appointment of De Sarno in <a href="https://www.kering.com/en/news/sabato-de-sarno-appointed-creative-director-of-gucci">January </a>after parting ways with its famous designer Alessandro Michele in November 2022,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/business/retail-consumer/kering-ceo-says-new-gucci-designer-join-during-q2-2023-02-15/" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Reuters&nbsp;</a>reported.</li>
	<li>The move came as the fashion label&rsquo;s sales lagged competitors.</li>
	<li>De Sarno is slated to present his first fashion collection in September and his product range will come to stores in early 2024.</li>
	<li>Gucci&rsquo;s FY22&nbsp;<a class="editor-rtfLink" href="https://www.kering.com/en/news/very-solid-2022-performances-mixed-fourth-quarter" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">revenue&nbsp;</a>grew 8% Y/Y to &euro;10.5 billion.</li>
	<li>Price Action: PPRUF shares closed higher by 1.23% at $610.80 on Tuesday.</li>
	<li>Photo Via Company</li>
</ul>

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 Luxury goods company&nbsp;Kering SA&nbsp;(OTC: PPRUF) CEO Francois-Henri Pinault reportedly said, the new creative director for Gucci, Sabato De Sarno is expected to join in the second quarter. 

Kering' New Gucci Designer To Join In Q2: Report - Kering (OTC:PPRUF)

Shivani Kumaresan

Kering

<ul>
	<li>Luxury goods company&nbsp;Kering SA&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ppruf#OTC">PPRUF</a>) CEO Francois-Henri Pinault reportedly said, the new creative director for Gucci, Sabato De Sarno is expected to join in the second quarter.</li>

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