Who Owns Girard-Perregaux?

What does Kering own?
Kering owns approximately 15 luxury houses across fashion, jewelry, and watchmaking. Its most significant brands are Gucci, Yves Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, and Brioni in fashion; Boucheron, Pomellato, and Dodo in jewelry; and Girard-Perregaux and Ulysse Nardin in watches. The group also operates Kering Eyewear, which develops and distributes eyewear for the group's fashion brands. In late 2025, Kering agreed to sell Kering Beauté, its fragrance and cosmetics division, to L'Oréal.

Is Kering publicly traded?
Yes, Kering S.A. is listed on Euronext Paris under ticker KER and is a component of the CAC 40 index. Despite being publicly traded, the Pinault family exercises effective control through their holding company Artémis, which holds approximately 42% of Kering's capital. François-Henri Pinault serves as Chairman and his family maintains voting majority. The remaining shares are held by institutional and public market investors.

Who founded Kering?
Kering was founded in 1963 by François Pinault in Rennes, Brittany, France, as a timber trading business called Pinault S.A. The company expanded into retail distribution and eventually into luxury goods through the 1990s acquisition of Gucci Group. The current Chairman, François-Henri Pinault, is the son of the founder. The company rebranded from Pinault-Printemps-Redoute (PPR) to Kering in 2013.

Where is Kering headquartered?
Kering is headquartered in Paris, Ile-de-France, France. The group's registered office and principal executive offices are located in Paris. Manufacturing for the group's fashion and leather goods brands is concentrated primarily in Italy and France, preserving the artisanal heritage that underpins the luxury positioning of the individual houses.

How many brands does Kering own?
Kering owns approximately 15 luxury houses organized across fashion and leather goods, jewelry, and watchmaking. The company's most valuable house by revenue is Gucci, which alone represents approximately 40% of group sales. Other significant houses include Yves Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, and Boucheron.

Who owns Kering?
Kering is a publicly traded company with effective control exercised by the Pinault family through their holding company Artémis, which holds approximately 42% of Kering's capital. François-Henri Pinault, son of founder François Pinault, serves as Chairman of the Board. Luca de Meo was appointed as CEO in late 2025. The remaining shares are held by institutional investors and public shareholders.

What is Kering's revenue?
Kering reported full-year 2025 revenue of €14.675 billion, down 13% as reported and 10% on a comparable basis from 2024. Recurring operating income was €1.631 billion, equating to an 11.1% margin. Free cash flow was €4.4 billion. The revenue decline primarily reflected a sustained downturn at Gucci, where revenue fell from approximately €7.7 billion in 2024 to approximately €6 billion in 2025. Kering guided for a return to growth in 2026.

Is Kering involved in any legal or regulatory proceedings?
Kering and Gucci settled with Italian tax authorities in 2019 for approximately €1.25 billion, covering taxes and penalties related to profit allocation practices between Italian manufacturing entities and foreign structures. As of March 2026, no major outstanding tax disputes at that scale have been reported. The group and its Italian subsidiaries remain subject to ongoing Italian regulatory scrutiny, as is common for large multinational luxury groups with significant Italian operations.