How François-Henri Pinault Unites Profits and PurposeThe chairman of Kering talks to BoF's Imran Amed about the blockbuster successes of Gucci, Saint Laurent and Balenciaga, streamlining his portfolio and his belief in ‘generous capitalism.’
Kering
French conglomerate Kering SA owns fashion, leather goods and jewellery houses, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Boucheron and more. Headquartered in Paris, Kering was founded by François Pinault in 1963.
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Kering is a global Luxury group with world-renowned Houses in fashion, leather goods, jewelry and watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, as well as Kering Eyewear.
Kering places creativity and diversity at the heart of its strategy, which empowers its Houses to surpass limits in their creative expression, tap into collective intelligence and craft tomorrow's Luxury in the most sustainable and responsible way. We dare to push limits by cultivating our talent, promoting diversity and inclusion, sponsoring a culture of excellence and entrepreneurship, and supporting each employee to reach their full potential.
Our long-standing commitment to sustainable development is central to our company culture and strategy; we set ambitious goals in terms of social and environmental responsibility and we do everything in our power to attain them; we share our advances to encourage better practices and new standards across our sector; and globally we work to defend the dignity of women.
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Highlights
How François-Henri Pinault Unites Profits and Purpose
Kering Tapped by French President to Unite Brands Behind Sustainability GoalsEmmanuel Macron has called upon Chief Executive François-Henri Pinault to unify the sector.
Kering Wants to Be the ‘Most Influential Group in the Luxury Universe.’ What Does That Mean?Chief executive Francois-Henri Pinault laid out his ambitious strategy at the Paris-based conglomerate’s annual meeting for shareholders.
Latest News & Analysis
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Sustainability
Why Luxury Brands Can’t Shake the Controversy Around Exotic Skins
Companies like Hermès, Kering and LVMH say they have spent millions to ensure they are sourcing crocodile and snakeskin leathers responsibly. But critics say incidents like the recent smuggling conviction of designer Nancy Gonzalez show loopholes persist despite tightening controls.
Why Luxury Brands Can’t Shake the Controversy Around Exotic Skins
Companies like Hermès, Kering and LVMH say they have spent millions to ensure they are sourcing crocodile and snakeskin leathers responsibly. But critics say incidents like the recent smuggling conviction of designer Nancy Gonzalez show loopholes persist despite tightening controls.
Luxury
The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
The Prada Exception: How the Trend-Setting Group Bucked Luxury’s Uneven Slowdown
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
Kering Profits to Plummet 40-45% in First Half
The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.
Can Kering Turn Things Around?
As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.