Formerly | Pinault S.A. Pinault-Printemps-Redoute PPR |
---|---|
Company type | Public (Société Anonyme) |
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 | €19.57 billion (2023) |
€4.75 billion (2023) | |
€3.06 billion (2023) | |
Total assets | €41.37 billion (2023) |
Total equity | €16.01 billion (2023) |
Number of employees | 49,000 (2023) |
Subsidiaries | |
Website | kering |
Footnotes / references [1] |
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. After the company was quoted on Euronext Paris in 1988, it became the retail conglomerate Pinault-Printemps-Redoute (PPR) in 1994. The luxury group was rebranded Kering in 2013. It 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.