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The global fashion business journal

Oct 17, 20192:19am




Kering was founded in 1962 by Francois Pinault, who remains as president and CEO, and was originally called Etablissements Pinault. The company in its initial years was involved in wood trade negotiation and construction materials. It was originally British but grew via acquisitions and became a well-recognized national company in France. Today, the group one of the biggest luxury holdings in the world, owning brands like Gucci, Saint Laurent or Bottega Veneta amongst others.

h By MDS
Oct 7, 2019 — 6:02pm
Kering renews its Gucci optical deal with Safilo for three more years

Roberto Vedovotto, managing director of Kering Eyewear, has denied the interest of the French group to take the over its optical business.

h By Mds
Sep 25, 2019 — 6:04pm
Kering trims Puma stake with 500 million euro bond

The luxury holding completed the spinoff of the German clothing and sports equipment company in May 2018. The group led by François Pinault still had 15.7% of the capital.

h By Mds
Sep 11, 2019 — 9:00am
Kering bets for equality: extends baby leave to all parents

The luxury holding, owner of brands like Gucci and Bottega Veneta, has set as a goal to reach equality in its offices. About 63% of Kering’s employees are women.

h By Mds
Jul 25, 2019 — 7:33pm

Not taking into consideration these extraordinaries, the net income of the French giant scaled 24.7%, up to 1.5 billion euros (1.7 billion dollars).

h By Mds
Jul 17, 2019 — 6:10pm

The French luxury conglomerate has acquired a minority stake in the sustainable brand, which until last year held a 50-50 joint venture with rival Kering.

h By MDS
Jun 12, 2019 — 3:45pm

The division of glasses of the French luxury company, which recorded sales worth 391 million in 2018, boost sales thanks to the incorporation of brands like Balenciaga.

h By MDS
Jun 12, 2019 — 3:30pm

The French luxury conglomerate has designed a new digital strategy after breaking its joint venture with Yoox-Net-a-Porter at the end of last year.

h By MDS
May 24, 2019 — 5:30pm

French group will open a new warehouse in Trecate, near to the Italian city of Novara, and a new factory in New Jersey. The company will move near 400 employees that are currently working in Switzerland.

h By Mds
Apr 25, 2019 — 4:00pm

François-Henri Pinault, CEO of the French luxury conglomerate, explained to the shareholders that the introduction of new technologies will make resources available to focus on business planning.