The Kering Group

The Kering Group is one of the world’s largest, most recognizable luxury and sports lifestyle brands. Founded in 1963 by businessman and entrepreneur, François Pinault, the Kering Group has grown exponentially, with assets valued at almost €13 billion in 2019. Initially, Pinault focused on producing products for the home and offices, but has since expanded to include luxury apparel, shoes, bags, watches, jewelry and even eyewear in its portfolio.

Today, the Kering Group is the parent company of several legendary high-end brands, such as Gucci, Saint Laurent, Balenciaga and Alexander McQueen, as well as Bottega Veneta, Puma, Volcom and other trademarks owned by Kering and its subsidiaries. The Group also owns a number of smaller, but still very popular, brands such as Fiorucci, Boucheron and Ulysse Nardin, as well as several other luxury fashion houses.

Despite being one the largest companies in the world, the Kering Group is still privately owned and family managed. François Pinault and his family, along with his son François-Henri Pinault, currently own a majority stake in the company, while the rest are held by a variety of shareholders. François Pinault and his heirs also retain control of the majority of the voting shares of the Kering Group.

Over the years, François Pinault, who serves as the group’s honorary chairman, has worked tirelessly to bring innovation and transformation to the world of luxury fashion. His son, François-Henri Pinault, took a more active role in 2006, becoming Chief Executive Officer of Kering and Chairman and CEO of PPR, the parent company of Kering. Under the leadership of the father and son duo, the Kering Group has grown in size, brand portfolio and diversity, becoming a leading global player in the luxury and sports lifestyle sector.

To maintain its strong growth trajectory, the Kering Group regularly seeks global expansion opportunities and investments, both through organic growth and acquisitions. As of 2019, the company has over 40,000 employees in over 50 countries and various subsidiaries, making it one of the world’s largest and most influential fashion conglomerates.

In conclusion, the Kering Group is one of the largest fashion conglomerates in the world and is owned by the Pinault family and other shareholders. François Pinault and his son, François-Henri Pinault, have an active role in the company’s management and hold a majority stake in the company. The company boasts over 40,000 employees in more than 50 countries and a multitude of fashion-forward brands in its portfolio. While maintaining their successful leadership of the company, the Pinault family continuously works to expand the company’s operations through organic means and acquisitions.