DESIGNER DEMNA LEAVES BALENCIAGA FOR GUCCI
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Georgian designer Demna is departing Balenciaga after a decade to become the artistic director of Gucci, Kering, the French parent company of both brands, announced Thursday. Demna replaces Sabato de Sarno, who was let go by Gucci in February after only two years. The surprise appointment is part of Kering's broader strategy to revitalize the Italian luxury brand.