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Kering S.A.

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Kering S.A. - Food & Beverages showcase

Year Founded & Workforce

1963

38,000 Employees

Industry

Food & Beverages

Services

Global Luxury Handbags Market
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Kering S.A. Employee Contacts

20 verified contactsNames, job titles, seniority and locations

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Kering S.A. Overview

Company Headquarter: France

Founded: 1963

Workforce: ~38000 employees

Company Working:

Kering SA (previously known as Pinault-Printemps-Redoute or PPR) is a French multinational luxury goods company that designs, manufactures, and sells apparel, accessories, and other luxury products.

Kering owns several well-known luxury brands, including Gucci, Yves Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, and Qeelin. The company operates in more than 120 countries and has a workforce of over 38,000+ employees.

In addition to its luxury fashion brands, Kering also has interests in the sports and lifestyle sector, owning Puma, Cobra Golf, and Volcom.

Strategy

Kering has achieved the transformation over the years by focusing on its product development. The company is in a position where it can focus its attention and resources on its Houses to support its development and further strengthen its value-creating capacity. Moreover, Kering focuses on investing in strategic acquisitions of tanneries to supply its Houses with the highest quality raw materials.

Company Snapshot

$14,963M

Revenue

38,000

Employees

1963

Founded

Paris, France

Headquarters

SWOT Analysis

Strengths

  • Keenly focused on product development
  • Strong presence in the European countries
  • Well established subsidiaries brand

Weaknesses

  • Consolidated net profit of the company
  • Limited focus on marketing activities
  • Dependent on the European business

Opportunities

  • Scope for mergers and acquisitions in the global market
  • Expansion opportunities in the Middle East region

Threats

  • Competitive pricing of the products
  • Growing numbers of the competitive players
  • Fluctuating prices of the raw ingredients.

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Key Developments

DateApproachDevelopment
May 2022InvestmentVitroLabs announced the closing of a $46 million Series A funding round led by Agronomics with participation by Kering
June 2021InvestmentThe Kering company invested in the Handbag subscription service Cocoon for the latest business model like rental and resale.

Product Offering

  • Kering
    • Global Luxury Handbags Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 17,790 Mn in 2019 to USD 20,351 Mn in 2021.
Kering S.A. — By Business Segment
Series (USD Mn)201920202021
Sales17,79016,09220,351

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