Kering

French multinational corporation

Follow Kering on Notably News to receive short updates to your email — rarely!

June 2025 Luca de Meo was appointed as the new chief executive, set to begin on September 15, 2025, succeeding François-Henri Pinault.
2024 Sales slightly decreased to €17,194 million, but remained strong compared to earlier years.
2024 Kering reported a group revenue of €17.2 billion, demonstrating its significant growth and success in the luxury goods market.
May 2024 Partnered with the National University of Singapore to create a tool for measuring environmental impact of companies in the Asia-Pacific region.
2023 Kering experiences a 4% decline in annual revenue to 19.6 billion euros. The company acquires the fragrance company Creed, purchases 30% of Valentino, and launches Kering Beauté to manage in-house beauty product development.
2022 Created the Climate Fund for Nature to finance nature conservation and restoration initiatives.
2022 Gucci reaches ten billion dollars in sales, and Kering divests its entire watch division (Girard-Perregaux and Ulysse Nardin). The company also acquires the eyewear brand Maui Jim.
2021 Launched the Regenerative Fund for Nature to finance the transition to regenerative farming practices.
2021 Announced that all fashion brands would phase out fur by the end of 2022.
2021 Kering acquires the eyewear brand Lindberg, expanding its eyewear division.
2020 The company reported sales of €13,100.2 million during a challenging global pandemic year.
2019 Women in Motion program was extended to the Rencontres d'Arles photography festival and the Tokyo Film Festival.
2019 Kering Foundation expanded violence prevention actions to include combating violence against children.
2019 Yves Saint Laurent reaches two billion dollars in sales and Kering divests from Christopher Kane.
2018 Kering achieved a significant financial milestone with net results of €3,714.9 million, representing a substantial increase from previous years.
2018 Kering divests its interests in Stella McCartney, reducing its brand portfolio.
2015 Kering became an official partner of the Cannes Film Festival and launched the Women in Motion diversity program.
2015 The group released its first environmental profit and loss account (EP&L).
2014 Kering creates its own eyewear production arm, Kering Eyewear, expanding its business portfolio.
2013 Kering acquired Ginori 1735 (formerly Richard Ginori), an Italian porcelain and ceramics brand.
March 2013 PPR changed its corporate name to Kering, marking the beginning of the company's luxury-focused strategy.
March 2013 PPR changes its corporate name to Kering, marking the beginning of the company's strategic repositioning as a luxury group.
2012 Kering expanded its portfolio with three acquisitions: Qeelin (a Chinese brand), Pomellato and Dodo (both Italian jewelry brands).
2012 Bottega Veneta reaches one billion dollars in sales, establishing itself as a 'quiet luxury' icon.
2011 Kering acquired Brioni, an Italian luxury menswear brand.
2010 Sales further dropped to €11,008 million, indicating continued financial challenges.

This contents of the box above is based on material from the Wikipedia article Kering, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also