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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 2020, the company had over 36 thousand employees around the world and reported a global revenue worth 13.1 billion euros.

The company operates in the luxury segment and has 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 operate in all the main markets around the world, and their revenues are quite evenly split across these regions. The most successful category of product in this segment is leather goods, which generates over 50 percent of the Kering Group's global revenue, while the most successful luxury brand in their portfolio is Gucci.

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 44.6 billion euros in 2020, which was a substantial decrease from the previous year. 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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The Kering Group

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