Kering: The latest figures, news and market research on Kering

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.

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
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Company Managers:

Position	First Name	Last Name	Age
Président du conseil d'administration,Directeur général	Francois Jean Henri	Pinault	62
Administrateur	Baudouin	Prot	73
Administrateur	Jean-Pierre	Denis	64
Administrateur	Daniela	Riccardi	64
Administrateur	Emma	Watson	34
Administrateur	Tidjane	Thiam	62
Administrateur	Véronique	Lebey	65
Administrateur	Yonca	Dervisoglu	55
Administrateur	Serge	Weinberg	73
Directeur général délégué,Administrateur	Jean-François	Palus	63
Administrateur représentant les salariés	Concetta	Battaglia	55
Commissaire aux comptes suppléant	Emmanuel	Benoist	49
Administrateur représentant les salariés	Vincent	Schaal	55