In the news:
LVMH, Burberry, Kering feel the pinch as Chinese consumers tighten purse strings - European markets close higher, marking second straight week of gains; Gucci-owner Kering up 3.5% - Kering names new Gucci CEO as French group attempts revival - European stocks higher as mining stocks lead gains; French luxury giants LVMH and Kering up over 7% - HK Tycoon Cheng's Mall to Expand Luxury Space With LVMH, Kering - LVMH, Kering, and Zegna lead a list of luxury giants that are growing their retail footprint - Kering Fair Value Reduced; Earnings Under Pressure - Shares in LVMH and Kering down as shoppers rein in luxury spending - Kering warns on profits after Gucci sales fall almost 20% - Lily Gladstone in the Spotlight at the Kering Women in Motion Dinner
Kering
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ShareKey facts
- city: Paris
- country: France
- sector: Consumer Discretionary
- foundation year: 1962
- industry: Textiles, Apparel & Luxury Goods
- CEO: François-Henri Pinault
Classified as: organization
Summary
Kering is a company. It is located in Paris, France and was founded in 1962. The company is part of the Consumer Discretionary sector, specifically in the Textiles, Apparel & Luxury Goods industry.
Business
Kering is one of the companies in France, companies in Textiles, Apparel & Luxury Goods, companies in Consumer Discretionary and 3,466,499 companies in our database.
- Assets: 31.2B $
- Debt: 11.7B $
- Employees: 41,519 people
- Free cash flow: 3.5B $
- Market cap: 65.8B $
- Profits: 3.2B $
- Revenues: 19.6B $
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Talking Points:
- Kering: French Luxury Group
- As a world-class Luxury group, Kering promotes a modern and sustainable luxury at the service of creation that translates into unique and authentic experiences.
- A global Luxury group, Kering manages the development of a series of renowned Maisons in Fashion, Leather Goods and Jewelry.
- Kering is a global Luxury group with world-renowned Houses in fashion, leather goods, jewelry and watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. Kering places creativity and diversity at the heart of its strategy, which ...
- Kering SA develops, designs, manufactures, markets, and sells apparel and accessories. The company offers shoes; leather goods, including handbags and wallets, purses, and other leather products; eyewear, textile accessories, etc.; and jewelry and watches, as well as ready-to-wear products for men and women. It also provides perfumes and cosmetics. The company provides Gucci, Saint Laurent, Bottega Veneta, Alexander McQueen, Balenciaga, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Girard-Perregaux, Ulysse Nardin, and Kering Eyewear branded products. It sells its products through stores and e-commerce sites. As of December 31, 2021, it operated 1,565 stores. Kering SA sells its products in the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company was formerly known as PPR SA and changed its name to Kering SA in June 2013. Kering SA was founded in 1963 and is based in Paris, France.
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