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Kering - 10 things to know with detail

• Kering is a French multinational luxury goods conglomerate, with its headquarters located in Paris, France. It was founded in 1963 by François Pinault.
• The company's portfolio includes several well-known luxury brands such as Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, and Boucheron, among others.
• Kering is one of the largest players in the luxury goods industry, competing with other conglomerates such as LVMH (Louis Vuitton Moët Hennessy) and Richemont.
• The company has a strong focus on sustainability and corporate social responsibility, with initiatives such as the Kering Foundation, which works to combat violence against women, and the Kering Environmental Profit and Loss (EP&L) account, which measures the environmental impact of the company's operations.
• Kering has a dual-listed company structure, with shares traded on both the Euronext Paris and the Italian Stock Exchange.
• The current CEO of Kering is François-Henri Pinault, who is the son of the company's founder, François Pinault. He has been leading the company since 2005.
• In recent years, Kering has been focusing on digital transformation and e-commerce, in order to adapt to changing consumer behavior and stay competitive in the rapidly evolving luxury goods market.
• The company has a strong presence in Asia, particularly in China, where it has been investing heavily in expanding its retail network and marketing activities to capitalize on the growing demand for luxury goods in the region.
• Kering has also been actively investing in emerging designers and creative talents through initiatives such as the Kering Empowering Imagination program, which provides mentorship and financial support to young designers.
• In 2020, Kering reported total revenues of €13.1 billion, with a net income of €2.3 billion. The company continues to be a major player in the luxury goods industry, with a strong focus on sustainability, innovation, and creativity.