The Kering Group - Statistics & Facts

Kering is a conglomerate company headquartered in Paris, France, which specializes in personal luxury goods. One of today’s leading luxury goods companies worldwide, Kering started out in 1962 as a wood trade negotiator under the name Etablissements Pinault, after the owner François Pinault. Through successive acquisitions, the business grew in both size and scope, expanding to include food distributors, ready-to-wear retailers, beauty product manufacturers and watchmakers, to name but a few of the company’s many facets. As of 2022, the company had over 42 thousand employees around the world and reported a global revenue worth 20.35 billion euros.

The Kering portfolio

The Kering Group operates in the luxury segment and owns a number of companies which design, manufacture, and sell leather goods, watches and jewelry, apparel, fragrances and beauty products. Some of the most prominent companies in their portfolio are Gucci, Saint Laurent, Alexander McQueen, Bottega Veneta, and Balenciaga. Kering operates in all the main markets around the world, and their revenues are quite evenly split across Asia-Pacific, North America, and Western Europe. The most successful category of product in this segment is leather goods, which generates about half of the Kering Group's global revenue, while the most successful luxury brand in their portfolio is Gucci.

Kering among luxury giants

The Kering Group ranks as one of the leading luxury companies in the world, alongside LVMH, Luxottica, and Richemont. Moët Hennessy Louis Vuitton (LVMH) is the leading luxury goods company in the world. The company had revenue of over 79 billion euros in 2022, which was an impressive increase on the previous year, and confirmed the luxury industry's full comeback from the impact of the pandemic. LVMH's main business segment is fashion and leather goods, however they also sell wine and spirits and perfumes and beauty products.
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Published by Tugba Sabanoglu, Aug 31, 2023

Key insights

Value of the global personal luxury goods market
353bn EUR
Europe's share of the personal luxury goods market
27%
Value of the global luxury apparel market
57bn EUR
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Editor’s Picks Current statistics on this topic

Value of the personal luxury goods market worldwide from 1996 to 2022 (in billion euros)

Luxury Goods

Value of the global personal luxury goods market 1996-2022

Revenue of the Kering Group worldwide from 2008 to 2022 (in million euros)

Luxury Goods

Kering's global revenue from 2008 to 2022

Share of the personal luxury goods market worldwide in 2022, by region

Luxury Goods

Share of the luxury goods market worldwide 2022, by region

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Personal luxury goods industry worldwide
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Luxury watch industry
LVMH
LVMH
Apparel market worldwide
Apparel market worldwide
Global footwear market
Global footwear market
Jewelry market worldwide
Jewelry market worldwide

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