Groupe Kering

Kering is a global luxury group headquartered in Paris, France, renowned for its portfolio of prestigious brands in fashion, leather goods, jewelry, eyewear, and beauty.

The company manages a diverse array of houses, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735, as well as Kering Eyewear and Kering Beauté.

History and Development

Founded in 1962 by François Pinault as a timber trading company, Kering has undergone significant transformation over the decades.

In 1999, the company acquired a 42% stake in Gucci, marking its strategic shift towards luxury goods. This was followed by other acquisitions such as Balenciaga, Bottega Veneta, and Alexander McQueen.

These moves solidified Kering's position in the luxury market.

Leadership and Growth

Under the leadership of François-Henri Pinault, who became CEO in 2005, Kering rebranded from PPR to its current name in 2013.

The company emphasizes creativity and sustainability, enabling its brands to push creative boundaries while promoting responsible practices.

In 2024, Kering reported a revenue of €17.2 billion and employed approximately 47,000 people worldwide.

Global Presence and Locations

Kering's global presence includes a network of 1,813 stores, with significant operations in Western Europe, North America, Japan, and emerging markets.

In the United States, Kering has offices in:

• Los Angeles, CA
• Scottsdale, AZ
• Hawthorne, CA

Recent Developments

In June 2025, Kering announced the appointment of Luca de Meo as the new CEO, effective September 2025, with François-Henri Pinault remaining as Chairman.

Commitment to Sustainability

Kering's commitment to sustainability is evident through initiatives like the Kering Foundation, established in 2008 to combat violence against women, and the Regenerative Fund for Nature, launched in 2021 to support regenerative farming practices.