Kering SA

DUS:PPX

Business Description

Sector

Consumer Discretionary

Industry

Textiles, Apparel & Luxury Goods

Headquarters

France FR

Employees

43 731

IPO date

Jan 1, 1988

Kering is a French luxury goods group that owns and develops high-end fashion brands such as Gucci, Saint Laurent, Bottega Veneta, Balenciaga, and its jewelry and eyewear labels. It designs and sells clothing, handbags, shoes, accessories, and other luxury items that are meant to carry strong brand identity and fashion appeal.

Its main customers are wealthy consumers and fashion buyers around the world who shop through luxury boutiques, department stores, and brand websites. Kering makes money mainly by selling products under its own brands, and in some cases by licensing brand names for categories like eyewear and fragrances.

What makes Kering different is that it is not a single-store retailer or a basic manufacturer. It sits higher up the luxury value chain: it owns the brands, shapes their image, and controls how they are presented and sold. That brand ownership is the core of the business, because in luxury fashion the name on the product is often the main reason customers pay up.