How François-Henri Pinault Unites Profits and PurposeKering
French conglomerate Kering SA owns fashion, leather goods and jewellery houses, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Boucheron and more. Headquartered in Paris, Kering was founded by François Pinault in 1963.
Partner content by Kering
Today, Kering is a family-led, global luxury group, home to people whose passion and expertise nurture creative luxury Houses in couture and ready-to-wear, leather goods, jewelry, eyewear and beauty: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ginori 1735, Kering Eyewear, which notably includes Lindberg and Maui Jim, and Kering Beauté, which includes Creed. In 2024, Kering employed 47,000 people and generated €17.2 billion in revenue.
The Houses celebrate their creative heritage with the design and craft of products and experiences that reflect the group’s commitment to excellence, sustainability and culture.
Kering is a skills-based organization with a deep commitment to professional growth and personal fulfilment and offers dynamic career opportunities across the group to attract, nurture, and retain top talent. Kering aims to cultivate talent, promote diversity and inclusion, sponsor a culture of excellence and entrepreneurship, and encourage each employee to reach their full potential.
The Kering long-standing commitment to sustainable development is at the heart of the strategy: setting ambitious social and environmental goals; sharing progress to inspire better practices and establish new standards across the luxury sector; and celebrating and supporting women worldwide - in arts and culture, as well as through the group’s people initiatives and the Kering Foundation.
Affiliated Organisations
Company Snapshot
TYPEPublic
ESTABLISHED1963
HEADQUARTERSFrance
EMPLOYEES> 10,000
Highlights
How François-Henri Pinault Unites Profits and Purpose
Kering Tapped by French President to Unite Brands Behind Sustainability Goals
Kering Wants to Be the ‘Most Influential Group in the Luxury Universe.’ What Does That Mean?
Latest News & Analysis
Trump Tariffs Hit European Luxury, Shares Tank
LVMH and Hermès stock fell about 3 percent and 4 percent respectively, in line with sector peers including Kering, Prada and Burberry, after the US president announced a 50 percent duty on imports from the European Union.
The Logic Behind Balenciaga’s Pierpaolo Piccioli Appointment
Kering has named the former Valentino designer known for his deft use of colour and sculptural couture to succeed Demna in an apparent reset at the Paris-based brand.
Balenciaga Names Nathalie Raynaud Deputy CEO
The Kering-owned fashion house is promoting its chief product officer as it prepares to open a new chapter under a new designer.
Luxury Labels Ditch Steep China Discounts to Rebuild Value
Global fashion houses are reshaping their discount strategies in China, hoping to rebuild exclusivity and attract wealthy consumers amid an economic slowdown that has impacted middle-class spending.
Kering’s Woes Deepen as Gucci Sales Tumble 25%
Group revenues fell 14 percent in the first quarter as Saint Laurent and Balenciaga also suffered from the downturn in luxury demand.
‘Trade War TikTok’ Takes Aim at Luxury
Chinese creators claiming to manufacture for luxury brands have gone viral on the platform, offering cut-price ‘dupes’ in response to Trump’s punitive tariffs on the country.
Global Market Rout Darkens Outlook for European Luxury Labels
One Wall Street analyst now expects global sales of luxury goods to fall by as much as 2 percent this year, marking the industry’s longest downturn in over two decades.
Luxury
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.
Explainer: How Trump’s Tariffs Threaten Luxury Fashion
The Trump administration’s radical changes to US trade policy won’t push retail prices up enough to directly dampen sales, but the effects on the global economy and consumer sentiment could seriously dent an industry still struggling to bounce back from a sharp downturn in demand.
Will Gucci’s Demna Strategy Work?
The financial markets and fashion fans on social media have rejected Kering’s bet on the zeitgeist-shaping Balenciaga designer to revive its ailing flagship. BoF’s Imran Amed has a different view.
Luxury
The BoF Podcast | Demna Takes Gucci, Versace’s New Chapter Begins
As Demna is set to become artistic director of Gucci, and Donatella Versace passes the baton to Dario Vitale after nearly three decades at the creative helm of Versace, the fashion industry is bracing for much-needed creative transformation. BoF founder and editor-in-chief Imran Amed and editor-at-large Tim Blanks unpack what this means for the wider industry.
The BoF Podcast | Demna Takes Gucci, Versace’s New Chapter Begins
As Demna is set to become artistic director of Gucci, and Donatella Versace passes the baton to Dario Vitale after nearly three decades at the creative helm of Versace, the fashion industry is bracing for much-needed creative transformation. BoF founder and editor-in-chief Imran Amed and editor-at-large Tim Blanks unpack what this means for the wider industry.