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- 1999
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See all on WikipediaKering - Wikipedia
In 1999, Pinault-Printemps-Redoute purchased a controlling 42% stake of the Gucci group for $3 billion and 100% of Yves Saint Laurent. [5][6][7] Those investments marked the cornerstone of the group's shift towards luxury. See more
Kering is a French multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed, Maui Jim, and Alexander McQueen See more
• Chairman and CEO: François-Henri Pinault See more
The Kering Foundation was created in 2008 to combat violence against women. Kering was one of the first companies to endorse the Women's Empowerment Principles of the UN Women. Starting in 2019, the Kering Foundation developed actions to combat See more
Timber (1962-1988)
In 1962, François Pinault opened the Établissements Pinault in Brittany (France) specialized in timber trading with a 100,000 francs loan … See moreKering's headquarters are located in the former Hopital Laennec in the 7th arrondissement of Paris. The parent holding company of Kering is Groupe Artémis. … See more
• Official website
• Kering – Annuaire des Entreprises (in French) See moreWikipedia text under CC-BY-SA license Kering: A Timeline Behind the Building of a Luxury Goods Group
See more on thefashionlaw.comIn June 2021, Kering revealed that it would take a 100 percent stakein Danish eyewear brand LINBERG in furtherance of “an important milestone in the successful expansion of Kering Eyewear and [an acquisition that] perfectly fits with its development strategy.” The terms of the deal were not disclosed.- Estimated Reading Time: 5 mins
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When Did Kering Buy Gucci? - The Dutch Lady Designs
Jun 1, 2023 · In 1999, Kering (then known as Pinault-Printemps-Redoute or PPR) bought a controlling stake in the Italian luxury brand Gucci. At the time, Gucci was facing financial …
When Did Gucci Join Kering? - Bliss Tulle
Aug 25, 2022 · When was Gucci sold to Kering? 1999 In 1999, Gucci was acquired by the French conglomerate Pinault Printemps Redoute, which later became Kering. During the 2010s, Gucci …
How many brands are owned by Kering? (2025)
Jan 2, 2025 · 1999: Gucci – In May 1999, Pinault-Printemps-Redoute purchased a controlling 42 percent stake of the Gucci Group for $3 billion following a long …
- 5/5(80)
- Parent: Kering
- Number of employees: 17,157 (2019)
- Revenue: €9.62 billion (2019)
Kering group history | Culture & heritage
PPR begins its transformation into a Luxury group by purchasing a 42% stake in the Gucci Group. Acquisition of French legendary Fashion house, Yves Saint Laurent.
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Kering's Rise to Power: The Epic Battle for Gucci
Jan 24, 2024 · In 1998, neither LVMH nor PPR – known as Kering since 2013 – had any publicly-known ownership stake in Gucci. It wasn't until March 1999 that PPR would make its first move to acquire shares in the brand founded by …
Kering: A Timeline Behind the Building of a Luxury Goods Group
In May 1999, Pinault-Printemps-Redoute purchased a controlling 42 percent stake of the Gucci Group for $3 billion following a long and very public battle with luxury rival for the brand. Later …
Gucci History | History of the House - Kering
Gucci's history began in 1921 when Guccio Gucci opened a leather goods shop in Florence. Read more on its Italian craftmanship and its creative vision.
How Much Did Gucci Pay Kering? - The Dutch Lady Designs
May 31, 2023 · In conclusion, Kering paid approximately €7.2 billion ($9 billion) to acquire full control of Gucci in 2004. The acquisition has proven to be a smart investment for Kering as it …
Gucci | Couture & Leather Goods - Kering
3 days ago · Gucci is one of the world's leading luxury Houses, created in 1921. Read more about this global reference for Luxury and Fashion that joined Kering in 1999.
How Much Did Kering Buy Gucci For? - The Dutch Lady Designs
May 31, 2023 · In 2004, Kering made a bold move when it acquired Gucci for a staggering $7.2 billion. This acquisition was one of the biggest deals in the history of the luxury fashion …
Who Owns Gucci? - The Motley Fool
Jan 27, 2025 · Luxury fashion group Kering SA (ENXTPA:KER) has owned Gucci since 2004. However, the ownership evolution from the founding family to Kering was not straightforward. …
House of Pinault: The History and Business of Kering and Gucci
Dec 27, 2024 · Kering's history with the fashion house dates back to November 1999, shortly after the intense negotiations surrounding Gucci and LVMH. In 2012, the brand underwent a …
Who owns Gucci? - FourWeekMBA
Aug 5, 2024 · Gucci is owned by the french holding Kering, which completed its buyout of Gucci in an $8.8 billion deal in 2004. Today Gucci is the group's largest brand, generating over $9.7 …
Who Owns Gucci | VCG - vintageclothingguides.com
Feb 4, 2025 · Gucci's ownership structure is primarily under the control of Kering, a prominent French luxury group that took the reins in 2004 by acquiring a majority stake in the brand. But …
Kering - (Not So) Deep Dive - The Dutch Investors - Substack
May 15, 2024 · He made several successful acquisitions, and in 1988, the company was listed on the Paris Stock Exchange. For diversification purposes, the company acquired retail …
The subtle, striking, Kering transformation of Gucci - Financial Times
Apr 24, 2013 · See, it wasn’t officially bought by Kering, but by Gucci (though this could be semantics, since Kering owns Gucci), and the purchase is being spun as the rescue of an …
François Pinault Life and Career: From Founding Kering to …
Jan 2, 2023 · François Pinault is the founder and owner of Kering luxury group, which oversees several iconic fashion houses, including Gucci and Alexander McQueen. Pinault started out …
Trouble In The House Of Gucci: Kering Struggles To Revive The …
Oct 29, 2023 · Kering, owner of Gucci, Yves Saint Laurent, Bottega Veneta, Balenciaga, and Alexander McQueen brands and the world’s second-largest luxury conglomerate after LVMH, …
Design chief De Sarno leaves Gucci as brand seeks revival
Feb 6, 2025 · Revenues at Gucci, which account for about half of the group's total, were down 25% in the third quarter, dragging down Kering's performance. The company's share price has …
Haider Ackermann Leads Tom Ford Into a New Era
1 day ago · Nevertheless, just over two years ago, after Mr. Ford’s husband died and he decided to focus on filmmaking (again), Estée Lauder paid $2.8 billion to buy the house, enlisting …
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