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Balenciaga names Pierpaolo Piccioli Creative Director amid strategic overhaul at Kering

Kering has appointed Pierpaolo Piccioli as the new creative director of Balenciaga, marking a pivotal moment in the French luxury conglomerate’s broader effort to stabilise and reposition its flagship fashion houses after a challenging 2024. The group reported a 12 per cent drop in annual revenue for 2024, with widening losses at Gucci, as well...

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