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Kering shares plunge 13% after Demna Gvasalia named as Gucci's artistic director

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Shares of Kering plunged on Friday after the firm announced that Demna Gvasalia would take the reigns as new artistic director of its ailing Gucci fashion line.

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Kering shares plunge 13% after Demna Gvasalia named as Gucci's artistic director
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