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Kering has appointed a new chief executive at its troubled top brand Gucci as the French luxury group attempts to revive its performance.

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Gucci’s turnaround will be led by Stefano Cantino.

Gucci's new CEO, Stefano Cantino, takes the helm at a challenging time for the luxury brand. With slowing sales, especially ...

The move comes as Kering seeks to reduce Gucci’s reliance on seasonal designs and younger, less affluent customers, and focus ...

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The group said Cantino, who served as Gucci's deputy CEO since May, would take the helm of the brand from Jean-Francois Palus in the new year. Cantino will have a seat on Kering's executive committee ...