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.