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Pinault-Printemps-Redoute
Kering S.A. () 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. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault. After the company was quoted on Euronext Paris in 1988, it became the retail conglomerate Pinault-Printemps-Redoute (''PPR'') in 1994. The luxury group was rebranded Kering in 2013. It has been a constituent of the CAC 40 since 1995. In June 2025, the company appointed Luca de Meo as its new chief executive beginning 15 September 15 2025, replacing François-Henri Pinault who had been President and CEO of Kering since 2005. Pinault will remain Chairman of the board. In 2024, the group's revenue reached €17.2 billion. History Timber (1962-1988) In 1962, François Pinault opened the ''Établissements Pinault'' in Brittany (France) specialized in timber trading with a 10 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kering Logo
Kering S.A. () is a French multinational corporation, multinational holding company specializing in luxury goods, headquartered in Paris. It owns the brands Yves Saint Laurent (fashion house), Yves Saint Laurent, Gucci, Balenciaga, Bottega Veneta, Creed (perfume), Creed, Maui Jim, and Alexander McQueen (fashion house), Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault. After the company was quoted on Euronext Paris in 1988, it became the retail conglomerate Pinault-Printemps-Redoute (''PPR'') in 1994. The luxury group was rebranded Kering in 2013. It has been a constituent of the CAC 40 since 1995. In June 2025, the company appointed Luca de Meo as its new chief executive beginning 15 September 15 2025, replacing François-Henri Pinault who had been President and CEO of Kering since 2005. Pinault will remain Chairman of the board. In 2024, the group's revenue reached €17.2 billion. History Timber (1962-1988) In 1962, Franà ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
François-Henri Pinault
François-Henri Pinault (; born 28 May 1962) is a French businessman, the son of billionaire François Pinault. François-Henri took the reins of his father's retail conglomerate Pinault-Printemps-Redoute in 2005, and turned it into the luxury group Kering (Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta) in 2013. He has been president of the family-owned investment holding Groupe Artémis ( Château Latour, Christie's, Pinault Collection, Creative Artists Agency) since 2003. He has been married to the film producer and actress Salma Hayek since 2009. Early life François-Henri Pinault is the son of François Pinault, the founder of Pinault SA, which would later become the retail conglomerate Pinault-Printemps-Redoute (PPR) and then Kering. He was born and raised in Rennes. He graduated from HEC School of Management in 1985. During his studies, he co-founded the CRM company Soft Computing with other fellow students and interned at Hewlett-Packard in Paris as a da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
François Pinault
François Pinault (born 21 August 1936) is a French billionaire businessman, founder of the luxury group Kering and the investment holding company Artémis. Pinault started his business in the timber industry in the early 1960s. Taken public in 1988, his company invested in specialty store chains and changed its name to Pinault-Printemps-Redoute (PPR). By the end of 1999, PPR shifted towards luxury and fashion. In 2003, he passed on the management of his companies to his elder son François-Henri to follow his passion for contemporary art. In 2024, ''Forbes'' estimated Pinault's net worth at $31.6 billion, ranking him as the 54th-richest person in the world. Early life François Pinault was born on 21 August 1936 in Les Champs-Géraux, a commune in the north of Brittany in the west of France. His father was a timber trader. Pinault grew up in the rural French countryside, beginning his career working for his family's timber business. He dropped out of school at the age of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Groupe Artémis
Groupe Artémis is a French investment holding company, holding with a portfolio in fashion (Kering), wine ( including Château Latour), art (Christie's, Pinault Collection), sports (Stade Rennais FC) and entertainment (Creative Artists Agency). Headquartered in Paris, France, Groupe Artémis was founded by François Pinault in 1992. History In 1992, the French entrepreneur François Pinault transferred his majority stake in Pinault-Printemps-Redoute (PPR, renamed Kering in 2013) to his new company, Groupe Artémis, created as a family investment vehicle. Throughout the 1990s, he engaged in a series of prestigious acquisitions. The acquisition of Château Latour (Pauillac-Médoc) in 1993 was the first of a series under the label. Artémis Domaines was restructured in 2022 after the acquisition of Bouchard Père et Fils. Groupe Artémis bought the news magazine ''Le Point'' in 1997, the auction house Christie's and the Ligue 1 soccer team Stade Rennais FC in 1998, and the book-p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yves Saint Laurent (fashion House)
Yves Saint Laurent SAS (, , , ), also known as Saint Laurent and YSL, is a French luxury fashion house founded in 1961 by Yves Saint Laurent and his partner, Pierre Bergé. The company specializes in '' couture'', ready-to-wear, leather accessories, and footwear. Its cosmetics line, YSL Beauty, is owned by L'Oréal. Cédric Charbit has been CEO of Yves Saint Laurent since 2024, and Anthony Vaccarello creative director since 2016. In 2024, Yves Saint Laurent reported 2.9 billion euros in sales. History The eponymous brand was established in 1962 by designer Yves Saint Laurent and his partner, Pierre Bergé. The brand's logos were designed in 1963 by A. M. Cassandre. During the 1960s and 1970s, YSL popularized the beatnik look, safari jackets, tight pants, and thigh-high boots. In 1966, YSL debuted '' Le Smoking'', a tuxedo suit for women. In an attempt to democratize fashion, YSL began producing ready-to-wear in 1966, with its launch of ''Rive Gauche,'' and is considered t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luxury Goods
In economics, a luxury good (or upmarket good) is a good (economics), good for which demand (economics), demand increases more than what is proportional as income rises, so that expenditures on the good become a more significant proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with superior goods. Definition and etymology The word "luxury" derives from the Latin verb ''luxor'' meaning to overextend or strain. From this, the noun ''luxuria'' and verb ''luxurio'' developed, "indicating immoderate growth, swelling, ... in persons and animals, willful or unruly behavior, disregard for moral restraints, and licensciousness", and the term has had negative connotations for most of its long history. One definition in the OED is a "thing desirable but not necessary". A luxury good can be identified by comparing the demand for the good at one point in time agai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of cities in the European Union by population within city limits, fourth-most populous city in the European Union and the List of cities proper by population density, 30th most densely populated city in the world in 2022. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, culture, Fashion capital, fashion, and gastronomy. Because of its leading role in the French art, arts and Science and technology in France, sciences and its early adoption of extensive street lighting, Paris became known as the City of Light in the 19th century. The City of Paris is the centre of the ÃŽle-de-France region, or Paris Region, with an official estimated population of 12,271,794 inhabitants in January 2023, or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maui Jim
Maui Jim is an American sunglasses manufacturer based in Peoria, Illinois. Founded in Lahaina, Hawaii, in 1980, the company designs, develops, and manufactures a wide variety of sunglasses marketed under the eponymous brand name. As of 2015, it was the third-largest producer of sunglasses in the world. In October 2022, Maui Jim was acquired by Kering. History The company's roots began in 1980 when a fisherman began selling sunglasses on the beaches of Maui, Hawaii. He was known as the original "Maui Jim". Several years later, the company developed polarized sunglasses to protect eyes from glare and ultraviolet rays. In 1991, Walter Hester, a boat captain, purchased the company and built the brand to what it is today. He named the company Hester Enterprises, Inc. In 1994, Illinois-based RLI Vision became the mainland distributor for the company, then called Maui Jim Sunglasses. In 1996, Maui Jim Sunglasses bought RLI Vision from its parent company, Peoria, Illinois-based RLI ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Creed (perfume)
Creed Fragrances is an Anglo-French multi-national niche perfume house, based in Paris. It is owned by the luxury group Kering and managed by its beauty division Kering Beauté. The company was supposedly originally founded as a tailoring house in London, England in 1760 by James Henry Creed. It has boutiques in Paris, London, New York City, Beverly Hills, Sydney, Dubai, Kuwait City, Vienna, Manila, Cebu City, Mexico City, Milan, Miami, Toronto (Yorkdale Mall) and Dallas in addition to stands in high end retailers across the world. The current generation of creative directors consists of Olivier Creed and his son Erwin Creed. Early history James Henry Creed supposedly founded the House of Creed in London in 1760 as a tailoring establishment, however, the earliest evidence of Creed's existence hark from the late 1960s or early 1970s. It claims to have risen to fame in the mid 19th century under Henry Creed as tailors and habit makers for the fashionable dandy Count d'Orsay, Qu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pomellato
Pomellato is an Italian jewelry company. The brand was founded by Pino Rabolini in Milan in 1967. In 2013, the brand became a part of the luxury group Kering. Sabina Belli has been CEO of Pomellato since 2015, and Vincenzo Castaldo creative director since 2004. History Pomellato began operating in 1967, introducing the concept of prêt-à -porter jewellery, the idea that jewellery is not just a status symbol but an accessory to be worn at any moment of the day and changed like clothes. In the 1990s, Pomellato particularly focused on using colored stones. The company has also made its mark in producing chains. In 2007, to celebrate its 40th year, Pomellato made its debut in high-end jewellery with the launch of the Pom Pom collection: 40 pieces sold by appointment in New York, Paris, Milan and Monte Carlo. Vincenzo Castaldo was named creative director in 2004. In October 2009, Andrea Morante became the new chief executive officer of the group and minority shareholder of RA.MO, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
