ysl gucci group | gucci group history

The iconic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer on July 17, 2024, the end of an era for a property credited with helping transform Sin City into an ultra .

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Kering 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 and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault. After the . See moreTimber (1962-1988)In 1962, François Pinault opened the Établissements Pinault in Brittany (France) specialized in timber trading with a 100,000 francs loan . See more

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• Chairman and CEO: François-Henri Pinault See more

The Kering Foundation was created in 2008 to combat violence against women. Kering was one of the first companies to endorse the Women's Empowerment Principles of the UN Women. Starting in 2019, the Kering Foundation developed actions to combat See more

Kering's headquarters are located in the former Hopital Laennec in the 7th arrondissement of Paris. The parent holding company of Kering is Groupe Artémis. . See more

• François Pinault• François-Henri Pinault• Groupe Artémis See more

• Official website See moreA global luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, .

Kering (French: [kɛːʁiŋ]) 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 and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault.

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A global luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735 as well as Kering Eyewear and Kering Beauté.Kering’s Fashion and Leather Goods Houses – Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and Brioni – are renowned worldwide for their exceptional craftsmanship and distinctive creativity and character. 1999: Yves Saint Laurent – The fashion house, founded in 1961 by Yves Saint Laurent and his partner, Pierre Berge, was acquired by the Gucci Group in 1999. The Gucci Group purchased Sanofi Beaute, owner of the Yves Saint Laurent brand, from PPR, which had purchased it 5 years earlier, for about billion. Kering, whose other brands include Yves Saint Laurent and Balenciaga, is betting that Gucci’s new direction will help revive the group’s fortunes after it has struggled to keep up with rivals.

As a world-class Luxury group, Kering promotes a modern and sustainable luxury at the service of creation that translates into unique and authentic experiences. Evolution Through Acquisition: YSL’s trajectory changed significantly in 1999 when it was acquired by Gucci Group, which is part of the PPR (now Kering), marking a strategic move that aligned YSL with a global luxury group and opened new avenues for growth and innovation. Pinault-Printemps-Redoute first acquired a controlling 42% stake in the Gucci Group for billion, following a prolonged and highly publicized battle over the brand with the biggest rival LVMH, headed by Bernard Arnault.

2021 saw a rebalancing in Kering’s portfolio between flagship brand Gucci and the group’s smaller units, which rebounded more quickly from the pandemic. The group’s second-biggest brand, Yves Saint Laurent, reported rapid growth in both sales and profit — with retail revenues rising by as much as 61 percent over 2019 levels during the .

Gucci, Yves Saint Laurent, and Alexander McQueen are among the top brands owned by French luxury giant Kering.

Kering (French: [kɛːʁiŋ]) 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 and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault.A global luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735 as well as Kering Eyewear and Kering Beauté.Kering’s Fashion and Leather Goods Houses – Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and Brioni – are renowned worldwide for their exceptional craftsmanship and distinctive creativity and character. 1999: Yves Saint Laurent – The fashion house, founded in 1961 by Yves Saint Laurent and his partner, Pierre Berge, was acquired by the Gucci Group in 1999. The Gucci Group purchased Sanofi Beaute, owner of the Yves Saint Laurent brand, from PPR, which had purchased it 5 years earlier, for about billion.

Kering, whose other brands include Yves Saint Laurent and Balenciaga, is betting that Gucci’s new direction will help revive the group’s fortunes after it has struggled to keep up with rivals.As a world-class Luxury group, Kering promotes a modern and sustainable luxury at the service of creation that translates into unique and authentic experiences.

Evolution Through Acquisition: YSL’s trajectory changed significantly in 1999 when it was acquired by Gucci Group, which is part of the PPR (now Kering), marking a strategic move that aligned YSL with a global luxury group and opened new avenues for growth and innovation. Pinault-Printemps-Redoute first acquired a controlling 42% stake in the Gucci Group for billion, following a prolonged and highly publicized battle over the brand with the biggest rival LVMH, headed by Bernard Arnault. 2021 saw a rebalancing in Kering’s portfolio between flagship brand Gucci and the group’s smaller units, which rebounded more quickly from the pandemic. The group’s second-biggest brand, Yves Saint Laurent, reported rapid growth in both sales and profit — with retail revenues rising by as much as 61 percent over 2019 levels during the .

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ysl gucci group|gucci group history

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