Shares of Kering dropped significantly after the announcement that Demna Gvasalia, previously of Balenciaga, will become the new artistic director of Gucci. Known for his streetwear influence, Gvasalia’s controversial past includes an ad campaign featuring children and bondage-style products. Kering hopes this appointment will revitalize Gucci’s declining sales, with Gvasalia set to start in July 2025.
Full Article
Leaders of Armenia and Azerbaijan shake hands and sign deal at White House peace summit
US brokers peace agreement between Armenia and AzerbaijanLeaders of Armenia and Azerbaijan signed a historic peace agreement at a White House summit, facilitated by President Trump, aimed at resolving decades of conflict and reopening key transportation routes, including a new corridor named the Trump Route. The deal signifies a strategic shift in the region, diminishing Russia's influence while enhancing U.S. engagement in the South Caucasus. Want More Context? 🔎
Read more