Kering is a conglomerate company headquartered in Paris, France, which specializes in
. One of today’s
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 2023, the company had
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
main market is the Asia-Pacific region. 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 86 billion euros in 2023,
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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