Product Code Database
Kering S.A. () is a French multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta, Creed, Maui Jim, and Alexander McQueen, among others.
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 of Kering since 2005, and Luca de Meo CEO since September 2025. In 2024, the group's revenue reached €17.2 billion.
In 1999, Pinault-Printemps-Redoute purchased a controlling 42% stake of the Gucci group for $3 billion, and 100% of Yves Saint Laurent. Those investments marked the cornerstone of the group's shift towards luxury. Through Gucci, Pinault-Printemps-Redoute acquired Boucheron in 2000, Bottega Veneta and Balenciaga in 2001, and signed partnerships with Alexander McQueen and Stella McCartney.
In 2003, François-Henri Pinault, son of the founder François Pinault, became general manager of Artémis, the family holding company that controlled Pinault-Printemps-Redoute. In 2005, he was named president and CEO of Pinault-Printemps-Redoute, a year after the group had reached a 99.4% ownership of Gucci group. The group continued acquiring luxury brands: Sowind Group (watch company owner of Girard-Perregaux) and Brioni (Italian tailor) in 2011 ; Pomellato Group (jewelry company owner of Pomellato and Dodo) and Qeelin (jewelry) in 2012 ; Christopher Kane (British fashion house) and Richard Ginori (porcelain) in 2013 ; Ulysse Nardin (watches) in 2014. The group also sold its retail assets: Le Printemps in 2006 ; Conforama in 2011 ; CFAO in 2012 ; Fnac in 2012 ; La Redoute in 2013. PPR developed a 'sport & lifestyle' portfolio with the acquisition of Puma in 2007, Cobra Golf in 2010, and Volcom in 2011, all of which were sold the following decade.
In 2023, Kering's annual results declined to 19.6 billion (-4%), mainly caused by the deceleration of Gucci's streak. That same year, Kering acquired the fragrance company Creed, 30% of the fashion house Valentino, and Kering Beauté was launched to manage in-house the development of beauty products for the group's brands. In 2025, Luca de Meo was appointed CEO to give a new impetus to the luxury group. One of his priority focus was to address the group's financial dependency on Gucci. In October 2025, Kering sold its beauty division, which includes Creed, to L'Oréal in a deal that values the segment at approximately $4 billion.
Kering fully or partially owns the following brands:
| Gucci | 1999 | |
| Yves Saint Laurent | 1999 | |
| Boucheron | 2000 | |
| Bottega Veneta | 2001 | |
| Balenciaga | 2001 | |
| Alexander McQueen | 2001 | |
| Brioni | 2011 | |
| Qeelin | 2012 | |
| Pomellato | 2012 | |
| Dodo | 2012 | |
| Ginori 1735 (formerly Richard Ginori) | 2013 | |
| Lindberg | 2021 | |
| Maui Jim | 2022 | |
| Creed | 2023 | |
| Valentino (30%) | 2023 |
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