Kering

# Kering Company Profile Kering is a renowned global luxury group that boasts a diverse portfolio of iconic and dynamic houses in the realms of fashion, leather goods, and jewelry. Established in 1962, Kering has evolved into a multinational corporation specializing in luxury goods, with a rich history of growth and transformation. ## Key Figures - Founder: François Pinault - CEO: François-Henri Pinault - Headquarters: Paris, France - Revenue: €13.1 billion (as of 2019) - Operating Income: €3.13 billion (as of 2019) - Net Income: €1.97 billion (as of 2020) - Total Assets: €27.148 billion (as of 2020) - Total Equity: €12.035 billion (as of 2020) - Number of Employees: 38,000 (as of 2019) ## Brand Portfolio Kering's impressive collection of luxury brands includes: - Gucci: The flagship brand, contributing over 50% of Kering's revenue. - Yves Saint Laurent: A pioneer in modern fashion. - Bottega Veneta: Renowned for its exquisite leather craftsmanship. - Balenciaga: A leader in contemporary fashion innovation. - Alexander McQueen: Celebrated for its bold and artistic designs. - Boucheron: A brand synonymous with luxurious jewelry. ## Governance and Ownership - Board of Directors: Sets strategic priorities. - Executive Committee: Implements the Group’s strategy. - Share Capital: 42% owned by Artémis, the holding company of the Pinault family, with the remainder held by institutional, individual, and employee shareholders. ## Historical Milestones - 1962: Establishment of the timber-trading company Pinault S.A. - 1988: Listing on the Paris Stock Exchange. - 1994: Transformation into the retail conglomerate Pinault-Printemps-Redoute (PPR). - 2013: Rebranding to Kering, focusing on luxury goods. ## Social Responsibility Kering is committed to social and environmental responsibility, demonstrated through initiatives like the Kering Foundation, which supports social entrepreneurs and awareness-raising programs.