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.
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‘It took a direct hit’
The BBC's Wyre Davies reported on an Iranian missile attack that struck a residential building in Beersheba, Israel, resulting in at least four fatalities, three of whom were inside a "safe room." Search and rescue teams are on-site as updates continue to emerge regarding the incident. Explain It To Me Like I'm 5: In Israel, a bad missile hit a building where people were trying to stay safe, and sadly, some people got hurt. Want...
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