Turnover: 20.3 billion EUR (2022)

Country: France

A global luxury group, Kering brings together and develops a range of iconic brands in fashion, leather goods, jewelry and watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin, Girard-Perregaux and Kering Eyewear.

T

News

Gucci: a challenge for Kering 08/01/2024

  • Gucci, Kering's flagship brand, guarantees two thirds of the group's profits.
  • Kering acquired a 30% stake in Valentino.
  • Kering also bought Creed perfumes.
  • Balenciaga, one of Kering's brands, has been in difficulty since November 2022

Kering announces the creation of a Beauty division 04/02/2023

  • Beauty Division to develop cosmetics and perfumes, a "strategic" sector for the Group
  • The creation of Kering Beauté will enable the Bottega Veneta, Balenciaga, Alexander McQueen, Pomellato and Qeelin brands to expand in the beauty sector.
  • This division does not include the Gucci brand or Yves Saint Laurent (YSL).
  • The license for Gucci's beauty activities is held by the American group Coty "for at least five years".

How Kering is planning its comeback in cosmetics 02/01/2023

  • Tom Ford bought by Estée Lauder for $2.3 billion
  • Disappointment for Kering over Coty's management of Gucci fragrances
  • Kering could recover the Gucci license within a few years and buy fragrances not linked to the group
  • Reclaiming the cosmetics license from Yves Saint Laurent, its second-largest brand in terms of ready-to-wear and leather goods sales, is impossible

Kering sales almost doubled in the second quarter 27/07/2021

  • 4.16 billion euros in sales between April and June 2021
  • Second-quarter sales almost doubled
  • Gucci accounts for 76% of Kering's operating profit
  • Gucci (50% of Kering sales) sales up 86% in second quarter 2021
  • Strong recovery in North America and Asia

Kering relaunches Gucci for the brand's centenary in 2021 17/02/2021

  • Luxury goods industry penalized by store closures during health crisis
  • In 2020 Kering's total sales down 5% to 4 billion euros
  • Kering suffered from the slowdown of Gucci, which accounts for 60% of its sales
  • The group saw its online sales jump by 67.5% in 2020. This channel accounts for 13% of total sales by the directly-operated network, compared with 7% a year earlier

Financial Data

DUNS: 552075020

Legal Name: KERING

Address: 40 RUE DE SEVRES , 75007 PARIS 7

Number of employees: Entre 500 et 999 salariés (2020)

Capital: 496 283 112 EUR


Financial Data:

Year 2020 2019 2018 2015
Turnover - - - 105 000 000
Gross margin (€) 432 000 000 440 400 000 366 400 000 -
EBITDA (€) -27 000 000 -44 700 000 -35 300 000 -
Operating profit (€) -27 000 000 -44 700 000 -35 300 000 -
Net profit (€) 2 079 600 000 917 700 000 1 656 600 000 527 000 000
Turnover growth rate (%) - - - -
Ebitda margin rate (%) - - - -
Operating margin rate (%) - - - -
Working Capital (turnover days) - - - -
Working Capital requirements (turnover days) - - - -
Net margin (%) - - - -
Added value / Turnover (%) - - - -
Wages and social charges (€) - - - -
Salaries / Turnover (%) - - - -

Company Managers:

Position First Name Last Name Age Linkedin
Président du conseil d'administration,Directeur général Francois Jean Henri Pinault 62
Administrateur Baudouin Prot 73
Administrateur Jean-Pierre Denis 63
Administrateur Daniela Riccardi 64
Administrateur Emma Watson 34
Administrateur Tidjane Thiam 61
Administrateur Véronique Lebey 64
Administrateur Yonca Dervisoglu 54
Administrateur Serge Weinberg 73
Directeur général délégué,Administrateur Jean-François Palus 62
Administrateur représentant les salariés Concetta Battaglia 55
Commissaire aux comptes suppléant Emmanuel Benoist 49
Administrateur représentant les salariés Vincent Schaal 55

Studies mentioning this company

The leather goods market - Italy

Other companies mentioned:

  • LVMH ITALIA S.P.A.
  • Hermès International
  • Chanel
  • Kering
  • Longchamp
  • Lancaster Maroquinier
  • CHIARUGI FIRENZE PELLETTERIA S.R.L.
  • Valigeria Roncato SPA
  • Laura Bigiotti
  • Nico Giani
  • Veneta Italiana Pelle SRL
  • PELLETTERIA P.A.M. - S.R.L.
  • PELLETTERIA ALMAX S.R.L.
  • PELLETTERIA RICHEMONT FIRENZE S.R.L.
  • Coach (Tapestry Capri)
The handbag market - United States

Other companies mentioned:

  • LVMH Groupe
  • Kering
  • Target
  • Walmart
  • H&M Groupe
  • Michael Kors
  • Shein
  • Inditex groupe (Zara)
  • Mango
  • Louis Vuitton Malletier
  • Chanel
  • Chloé
  • Le Tanneur
  • Lacoste Groupe
  • Lancaster Maroquinier
  • Longchamp
  • Hermès International
  • eBay
  • Vestiaire Collective
  • Asos
  • MACY's
  • Vinted
  • The Real Real Inc. Company
  • Bloomingdale's
The haute couture market - France

Other companies mentioned:

  • LVMH Groupe
  • Prada Groupe
  • Richemont Group
  • Shandong Ruyi
  • Capri Holdings
  • Chanel
  • Pierre Balmain
  • Alexis Mabille
  • Jean Paul Gaultier (Groupe Puig)
  • Alexandre Vauthier
  • Dolce & Gabbana
  • Dice Kayek
  • Kering
  • Christian Dior Couture
  • Marc Jacobs
  • Valentino
  • Yves Saint Laurent Parfums (Groupe L'Oréal)
  • Hermès International
The luxury leather goods market - Italy

Other companies mentioned:

  • LVMH ITALIA S.P.A.
  • Gucci
  • Prada Groupe
  • CHIARUGI FIRENZE PELLETTERIA S.R.L.
  • Hermès International
  • PELLETTERIA RICHEMONT FIRENZE S.R.L.
  • PELLETTERIA ALMAX S.R.L.
  • Vestiaire Collective
  • Vinted
  • Fendi
  • Bottega Veneta (Kering Group)
  • Valentino
  • Tod's
  • Kering
The luxury leather goods market - France

Other companies mentioned:

  • Hermès International
  • Prada Groupe
  • Chanel
  • Michael Kors
  • Maroquinerie Auguste Thomas
  • Les ateliers d’Armançon
  • Les Ateliers de Vitré
  • Maroquinerie Pierre Cotte
  • Lancel (Piquadro)
  • Lancaster Maroquinier
  • Farfetch
  • Rioland Groupe
  • Kering
  • Moynat Paris
  • Montblanc (Richemont Groupe)
  • Jean Rousseau Manufacture
  • Fleurus Groupe
  • Coach (Tapestry Capri)
  • Piquadro
  • Partson Groupe
  • Jacquemus
  • Gucci
  • Cartier (Richemont groupe)
  • Louis Vuitton Malletier
  • Camille Fournet Maroquinerie
  • Algo Goyard Maroquinerie
  • Goyard (Algo Groupe)
  • SIS Maroquinerie Groupe
  • Perrin Créations Maroquinier
  • Fendi France
  • Fendi
The luxury leather goods market - United Kingdom

Other companies mentioned:

  • LVMH Vins et Spiritueux
  • Hermès International
  • Prada Groupe
  • Chanel
  • Michael Kors
  • Mulberry
  • Burberry
  • Farfetch
  • Walpole
  • Kering
The luxury women's clothing market - France

Other companies mentioned:

  • Hermès International
  • Chanel
  • Christian Dior Couture
  • Pierre Balmain
  • Prada Groupe
  • Capri Holdings
  • Dolce & Gabbana
  • Burberry
  • PVH
  • Ralph Lauren
  • Farfetch
  • Lanvin
  • SMCP Groupe (Claudie Pierlot)
  • SMCP Groupe (Sandro)
  • SMCP Groupe (Maje)
  • Kering
  • LVMH Groupe
  • Indies Groupe
  • O Linge de Maison
  • Alexander Mc Queen
  • Lanificio Cerruti (Piacenza grupo)
  • Tapestry Capri
  • AMI Paris
  • Jacquemus
  • Fendi France
  • Fendi
The luxury men's clothing market - France

Other companies mentioned:

  • LVMH Vins et Spiritueux
  • Hermès International
  • Off-White
  • Kering
  • Zadig et Voltaire
  • Christian Dior Couture
  • Faguo
  • Eden Park
  • Francesco Smalto
  • Isabel Marant
  • Emporio Armani
  • Palm Angels (New Guards Group)
  • Axel Arigato
  • A-Cold-Wall
  • Bluemarble
  • Casablanca
  • Mark Cross
  • Tod's
  • Church's (Prada Group)
  • Brunello Cucinelli
  • Paul Smith
  • Tommy Hilfiger
  • Chevignon
  • AMI Paris
  • Bayard Homme MDSA
The luxury women's clothing market - Italy

Other companies mentioned:

  • Kering
  • Capri Holdings
  • Fendi
  • Gianni Versace
  • Gucci
  • Prada Groupe
  • Giorgio Armani
  • Bottega Veneta (Kering Group)
  • Valentino
  • Salvatore Ferragamo
  • Max Mara Fashion Group
  • Tod's
  • LVMH Groupe
  • Luisa Via Roma
  • Dolce & Gabbana
  • Moncler
  • Lanificio Cerruti (Piacenza grupo)
  • Brunello Cucinelli
  • Vinted
The leather goods market - Spain

Other companies mentioned:

  • Louis Vuitton Malletier
  • Kering
  • Prada Groupe
  • Vinted
  • Vestiaire Collective
  • Loewe

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