Kering
Kering (French: [kɛːʁiŋ]) is a French-based multinational corporation specializing in luxury goods. It owns the brands Gucci, Balenciaga, Bottega Veneta, Yves Saint Laurent, Creed and Alexander McQueen.
| Formerly | Pinault S.A. Pinault-Printemps-Redoute PPR |
|---|---|
| Company type | Public (Société Anonyme) |
Traded as | Euronext Paris: KER
CAC 40 Component |
| ISIN | FR0000121485 |
| Industry | Luxury |
| Founded | 1962 |
| Founder | François Pinault |
| Headquarters | 40 rue de Sèvres, Paris 7e, France |
Key people | François-Henri Pinault (Chairman and CEO) |
| Products | Luxury goods |
| Revenue | €19.6 billion (2023) |
| €4.7 billion (2023) | |
Net income | €3.0 billion (2023) |
| Total assets | €41.367 billion (2023) |
| Total equity | €41.367 billion (2023) |
Number of employees | 49,000 (2023) |
| Subsidiaries |
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| Website | kering |
| Footnotes / references | |
The timber-trading company Pinault S.A. was founded in 1962, by François Pinault. After the company was quoted on Euronext Paris in 1988, it became the retail conglomerate Pinault-Printemps-Redoute (PPR) in 1994, and the luxury group Kering in 2013. The group has been a constituent of the CAC 40 since 1995. François-Henri Pinault has been president and CEO of Kering since 2005. In 2023, the group's revenue reached €19.6 billion.
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