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0 · Kering group history
1 · Kering
2 · French Luxury Group
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Kering group history
Kering is a French multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault. After the . See moreTimber (1962-1988)In 1962, François Pinault opened the Établissements Pinault in Brittany (France) specialized in timber trading with a 100,000 francs loan . See more• Chairman and CEO: François-Henri Pinault See more
The Kering Foundation was created in 2008 to combat violence against women. Kering was one of the first companies to endorse the Women's Empowerment Principles of the UN Women. Starting in 2019, the Kering Foundation developed actions to combat See more
Kering
French Luxury Group
Kering's headquarters are located in the former Hopital Laennec in the 7th arrondissement of Paris. The parent holding company of Kering is Groupe Artémis. . See more• François Pinault• François-Henri Pinault• Groupe Artémis See more• Official website See more
A global luxury group, Kering manages the development of a series of renowned Houses in .
PPR begins its transformation into a Luxury group by purchasing a 42% stake in the Gucci Group. 1999 Acquisition of French legendary Fashion house, Yves Saint Laurent.Kering (French: [kɛːʁiŋ]) is a French multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault.A global luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735 as well as Kering Eyewear and Kering Beauté.
PPR begins its transformation into a Luxury group by purchasing a 42% stake in the Gucci Group. 1999 Acquisition of French legendary Fashion house, Yves Saint Laurent.Gucci's recurring operating income totaled €3.3 billion in 2023. The recurring operating margin was 33.1%, as investments in implementing the House’s strategy weighed on profitability. Yves Saint Laurent In 2023, Yves Saint Laurent’s revenue amounted to €3.2 billion, down 4% as reported and down 1% on a comparable basis.
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2021 saw a rebalancing in Kering’s portfolio between flagship brand Gucci and the group’s smaller units, which rebounded more quickly from the pandemic. The group’s second-biggest brand, Yves Saint Laurent, reported rapid growth in both sales and profit — with retail revenues rising by as much as 61 percent over 2019 levels during the .
Discover how Kering's ownership has transformed Yves Saint Laurent, pushing the boundaries of sustainability in luxury fashion and embracing cutting-edge technology to elevate the brand and attract a younger audience. 1999: Yves Saint Laurent – The fashion house, founded in 1961 by Yves Saint Laurent and his partner, Pierre Berge, was acquired by the Gucci Group in 1999. The Gucci Group purchased Sanofi Beaute, owner of the Yves Saint Laurent brand, from PPR, which had purchased it 5 years earlier, for about billion. Kering, whose other brands include Yves Saint Laurent and Balenciaga, is betting that Gucci’s new direction will help revive the group’s fortunes after it has struggled to keep up with rivals. Based in Paris, Kering is the fifth-largest luxury group globally, owing to its rich history and extensive portfolio of premium brands including Gucci, Saint Laurent, Bottega Veneta, and Balenciaga, among others. This article delves into various aspects of Kering, highlighting its history, diverse brand portfolio, and key historical moments .
French luxury group Kering has announced a major management overhaul, parachuting in a transitional leader at Gucci to fix underperformance at its biggest brand and naming two deputy chief.Kering (French: [kɛːʁiŋ]) is a French multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault.
A global luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735 as well as Kering Eyewear and Kering Beauté.PPR begins its transformation into a Luxury group by purchasing a 42% stake in the Gucci Group. 1999 Acquisition of French legendary Fashion house, Yves Saint Laurent.Gucci's recurring operating income totaled €3.3 billion in 2023. The recurring operating margin was 33.1%, as investments in implementing the House’s strategy weighed on profitability. Yves Saint Laurent In 2023, Yves Saint Laurent’s revenue amounted to €3.2 billion, down 4% as reported and down 1% on a comparable basis.
2021 saw a rebalancing in Kering’s portfolio between flagship brand Gucci and the group’s smaller units, which rebounded more quickly from the pandemic. The group’s second-biggest brand, Yves Saint Laurent, reported rapid growth in both sales and profit — with retail revenues rising by as much as 61 percent over 2019 levels during the .
Discover how Kering's ownership has transformed Yves Saint Laurent, pushing the boundaries of sustainability in luxury fashion and embracing cutting-edge technology to elevate the brand and attract a younger audience.
1999: Yves Saint Laurent – The fashion house, founded in 1961 by Yves Saint Laurent and his partner, Pierre Berge, was acquired by the Gucci Group in 1999. The Gucci Group purchased Sanofi Beaute, owner of the Yves Saint Laurent brand, from PPR, which had purchased it 5 years earlier, for about billion. Kering, whose other brands include Yves Saint Laurent and Balenciaga, is betting that Gucci’s new direction will help revive the group’s fortunes after it has struggled to keep up with rivals.
Based in Paris, Kering is the fifth-largest luxury group globally, owing to its rich history and extensive portfolio of premium brands including Gucci, Saint Laurent, Bottega Veneta, and Balenciaga, among others. This article delves into various aspects of Kering, highlighting its history, diverse brand portfolio, and key historical moments .
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yves saint laurent gucci group|Kering group history
