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About Kering

Kering Company Profile

Kering is a renowned global luxury group that boasts a diverse portfolio of iconic and dynamic houses in the realms of fashion, leather goods, and jewelry. Established in 1962, Kering has evolved into a multinational corporation specializing in luxury goods, with a rich history of growth and transformation.

Key Figures

  • Founder: François Pinault
  • CEO: François-Henri Pinault
  • Headquarters: Paris, France
  • Revenue: €13.1 billion (as of 2019)
  • Operating Income: €3.13 billion (as of 2019)
  • Net Income: €1.97 billion (as of 2020)
  • Total Assets: €27.148 billion (as of 2020)
  • Total Equity: €12.035 billion (as of 2020)
  • Number of Employees: 38,000 (as of 2019)

Brand Portfolio

Kering's impressive collection of luxury brands includes:

  • Gucci: The flagship brand, contributing over 50% of Kering's revenue.
  • Yves Saint Laurent: A pioneer in modern fashion.
  • Bottega Veneta: Renowned for its exquisite leather craftsmanship.
  • Balenciaga: A leader in contemporary fashion innovation.
  • Alexander McQueen: Celebrated for its bold and artistic designs.
  • Boucheron: A brand synonymous with luxurious jewelry.

Governance and Ownership

  • Board of Directors: Sets strategic priorities.
  • Executive Committee: Implements the Group’s strategy.
  • Share Capital: 42% owned by Artémis, the holding company of the Pinault family, with the remainder held by institutional, individual, and employee shareholders.

Historical Milestones

  • 1962: Establishment of the timber-trading company Pinault S.A.
  • 1988: Listing on the Paris Stock Exchange.
  • 1994: Transformation into the retail conglomerate Pinault-Printemps-Redoute (PPR).
  • 2013: Rebranding to Kering, focusing on luxury goods.

Social Responsibility

Kering is committed to social and environmental responsibility, demonstrated through initiatives like the Kering Foundation, which supports social entrepreneurs and awareness-raising programs.

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