Kering's Comeback Maybe? Gucci's New Boss Makes Moves

Say Hello to My Little Comeback?

Alright listen up. Tony Montana here. I've seen empires rise and fall faster than a Miami sunset. This Kering thing it reminds me a little of my own story. They got hit they went down but they ain't dead yet. They're talking about a comeback a new cycle of growth. Sounds like a whole lotta talk but let's see if they got the huevos to pull it off. After a tough 2025 with sales dropping 10% to 14.7 billion euros they're saying 2026 is gonna be different. They better be right or they'll be swimming with the fishes.

Gucci the Golden Goose Needs a Shine

Gucci huh? That's their big moneymaker the golden goose. But even golden geese can lay rotten eggs sometimes. Sales down 10% that's not the kinda number you want to see. But they say it's better than expected whatever that means. They got this new guy Demna trying to bring the heat with his "La Famiglia" collection. Sounds like a family business and you know how I feel about family. They need to get that brand back on track or they're gonna have a serious problem. Speaking of problems check out this TrumpRx Unveiled: A Bold Scheme or Just Another Pill?. Now that's what I call a serious problem.

New Boss New Rules?

This Luca de Meo he's an outsider. Comes from the car business. Turning around Renault that's like trying to polish a turd if you ask me. But maybe he's got the magic touch. He's selling off the beauty stuff to L'Oreal focusing on the core business. Smart move. Sometimes you gotta cut the dead weight to survive. He's talking about reigniting desirability house by house product by product client by client. Sounds like a slow burn but maybe that's what they need.

Wellness and Longevity? What is This a Spa?

Wellness and longevity? Kering wants to get into the spa business? I'm more of a champagne and cigars kinda guy myself but hey maybe there's money in it. They're talking about jewelry too. Diamonds gold the shiny stuff. That's more like it. They better bring the bling or they're gonna disappoint. I like to see the shiny stuff. Makes life more interesting.

Investors Are Feeling It... For Now

The suits on Wall Street they're getting excited. The stock went up 14%. But I've seen these guys get excited over nothing. They're waiting to see if this turnaround is for real. Analysts are saying there's cost saving potential. Translation: they're gonna fire some people. That's the way it always is. But hey maybe they'll give me a call. I know a thing or two about cutting costs.

Say Goodnight to the Bad Times?

So what's the verdict? Is Kering gonna make it? Maybe. They got a new boss a plan and a little bit of hope. But hope ain't enough in this world. They need to execute they need to be ruthless and they need to bring the heat. Just like I did back in Miami. Remember what I always say: "The world is yours." But only if you're willing to fight for it.