Nina Jobst
Research expert covering South Korea
The Kering Group - Statistics & Facts
Kering is a luxury conglomerate 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. The company employsover 48 thousand people around the world and reported a global revenue worth over 17.1 billion euros.
The Kering portfolio
The Kering Group operates in the luxury segment and owns 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 operates in all the main markets around the world, and their main market is the Asia-Pacific region. The most successful category of product in this segment is leather goods, which generates about half of the Kering Group's global revenue, while the most successful luxury brand in their portfolio is Gucci.Kering among luxury giants
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 over 84.7 billion euros in 2024, reflecting the contraction the luxury industry has experienced compared to 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.
