Kering
Kering is a multinational corporation based in France that focuses on luxury goods. It owns several famous brands such as Balenciaga, Bottega Veneta, Gucci, Alexander McQueen, and Yves Saint Laurent.
Formerly | Pinault S.A. Pinault-Printemps-Redoute PPR |
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Public (Société Anonyme) | |
Founded | 1962 |
Revenue | 13.1 billion € (2020) |
Number of employees | 38,000 (2019) |
Subsidiaries |
The company's history dates back to 1962 when François Pinault founded a timber-trading company called Pinault S.A. Over time, the company expanded its operations and went public on Euronext Paris in 1988. In 1994, it transformed into a retail conglomerate known as Pinault-Printemps-Redoute (PPR). Eventually, in 2013, the company rebranded itself as Kering, focusing on luxury products. François-Henri Pinault has held the positions of president and CEO of Kering since 2005.
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