Kering Overview
- Year Founded
-
1962
- Status
-
Public
- Employees
-
49,000
- Stock Symbol
-
KER
- Investments
-
59
- Share Price
-
$263.03
- (As of Thursday Closing)
Kering General Information
Description
Kering is the world's second-largest luxury goods conglomerate after LVMH. Its flagship brand is Gucci, which accounts for over 50% of revenue and almost 70% of operating profits. Its other leading brands include Bottega Veneta and Saint Laurent. Other smaller luxury brands (in ready-to-wear, leather goods, and jewellery) generate 19% of sales. Alexander McQueen, Balenciaga, and Boucheron are part of Kering's portfolio.
Contact Information
Website
www.kering.comCorporate Office
- 40, Rue De Sèvres
- 75007 Paris
- France
Corporate Office
- 40, Rue De Sèvres
- 75007 Paris
- France
Kering Stock Performance
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $263.03 | $263.40 | $243.79 - $480.38 | $32.2B | 123M | 323K | $18.33 |
Kering Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 59,944,005 | 63,809,012 | 68,233,257 | 105,193,833 |
| Revenue | 19,960,186 | 21,171,888 | 21,397,104 | 20,861,659 |
| EBITDA | 5,762,261 | 6,833,306 | 7,330,382 | 7,236,850 |
| Net Income | 2,246,048 | 3,227,831 | 3,799,771 | 3,754,980 |
| Total Assets | 45,182,867 | 45,727,077 | 36,398,246 | 35,175,834 |
| Total Debt | 19,993,140 | 18,964,240 | 12,002,273 | 10,860,261 |
Kering Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Kering Comparisons
Industry
Financing
Details
Kering Competitors (8)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LVMH Moet Hennessy Louis Vuitton | Private Debt Financed | Paris, France | ||||
| Capri Holdings | Formerly VC-backed | London, United Kingdom | ||||
| Christian Dior | Private Equity-Backed | Paris, France | ||||
| Compagnie Financiere Richemont | Corporation | Geneva, Switzerland | ||||
| Hugo Boss | Formerly PE-Backed | Metzingen, Germany |
Kering Executive Team (33)
| Name | Title | Board Seat |
|---|---|---|
| Alexandre Choueiri | Chief Executive Officer & President, America | |
| Jean-François Palus | President & Chief Executive Officer, Gucci | |
| Michel Friocourt | Group Chief Executive Officer Advisor | |
| Francois-Henri Pinault | Chief Executive Officer, Chairman & Board Member | |
| Raffaella Cornaggia | Chief Executive Officer, Kering Beauté |
Kering Board Members (16)
| Name | Representing | Role | Since |
|---|---|---|---|
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Kering | Chief Executive Officer, Chairman & Board Member | ||
| Self | Board Member |
Kering Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Kering Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Kering Investments & Acquisitions (59)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Matiere Premiere | 04-Jun-2024 | Personal Products | |||
| Blackstone Property Partners Europe (Building in via Montenapoleone 8) | 04-Apr-2024 | Buildings and Property | |||
| Marcolin | 09-Mar-2024 | Accessories | |||
| Kering ( Fifth Avenue Property in New York City. United States) | 22-Jan-2024 | Buildings and Property | |||
| SQIM | 09-Jan-2024 | Later Stage VC | Home Furnishings |
Kering Subsidiaries (16)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Kering Eyewear | Accessories | Paris, France | 2014 |
| Kering International | Other Commercial Services | Haywards Heath, United Kingdom | |
| Qeelin | Accessories | Hong Kong, Hong Kong | |
| Kering Signature | Other Commercial Services | Courbevoie, France | |
| Kering Re | Luxembourg, Luxembourg |
Kering ESG
Risk Overview
Risk Rating
Updated July, 18, 2024
10.01 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Textiles & Apparel
Industry
of 211
Rank
Percentile
Luxury Apparel
Subindustry
of 111
Rank
Percentile
Kering Exits (17)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Christopher Kane | 15-Jan-2013 | Completed |
|
||
| Lamoda | 03-Sep-2012 | Completed |
|
||
| Wilderness Safaris | 03-Sep-2012 | Completed |
|
||
| Kering/Yoox Net-A-Porter (Joint Venture) | 01-Jan-2012 | Completed |
|
||
| Volcom | 23-Jun-2011 | Merger/Acquisition | Completed |
Kering FAQs
-
When was Kering founded?
Kering was founded in 1962.
-
Who is the founder of Kering?
François Pinault is the founder of Kering.
-
Who is the CEO of Kering?
Alexandre Choueiri, Jean-François Palus, Michel Friocourt, Francois-Henri Pinault, Raffaella Cornaggia, Michele Sofisti, and Jean-Marc Duplaix are the CEOs of Kering.
-
Where is Kering headquartered?
Kering is headquartered in Paris, France.
-
What is the size of Kering?
Kering has 49,000 total employees.
-
What industry is Kering in?
Kering’s primary industry is Clothing.
-
Is Kering a private or public company?
Kering is a Public company.
-
What is Kering’s stock symbol?
The ticker symbol for Kering is KER.
-
What is the current stock price of Kering?
As of 10-Oct-2024 the stock price of Kering is $263.03.
-
What is the current market cap of Kering?
The current market capitalization of Kering is $32.2B.
-
What is Kering’s current revenue?
The trailing twelve month revenue for Kering is $20B.
-
Who are Kering’s competitors?
LVMH Moet Hennessy Louis Vuitton, Capri Holdings, Christian Dior, Compagnie Financiere Richemont, and Hugo Boss are some of the 8 competitors of Kering.
-
What is Kering’s annual earnings per share (EPS)?
Kering’s EPS for 12 months was $18.33.
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