Here is how Kering SA (PPRUY) and Zumiez (ZUMZ) have performed compared to their sector so far this year.
Kering said the deal is part of a real-estate strategy that aims to secure retail locations for its brands, while enhancing financial flexibility.
Kering faces ongoing challenges in luxury, with Gucci and Saint Laurent under pressure. The company's sale of its beauty business to L'Oréal strengthens its balance sheet and reduces leverage, addressing key investor concerns. Q3 sales beat across brands despite limited disclosure.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Mr. François-Henri Pinault CEO | OTC PINK Exchange | 492089107 CUSIP |
| FR Country | 44,627 Employees | 2 May 2025 Last Dividend | - Last Split | - IPO Date |
Kering SA, originally founded in 1963 and headquartered in Paris, France, stands as a beacon in the luxury goods industry, managing an impressive portfolio of top-tier fashion, leather goods, and jewelry brands. With its global reach extending across France, the Asia-Pacific region, Western Europe, North America, and Japan, Kering SA showcases a strong international presence. The company has undergone significant transformation throughout its history, notably changing its name from PPR SA to Kering SA in June 2013, reflecting its evolution and refined focus on luxury and high-end products. Kering SA's growth and success are built on its commitment to creativity, innovation, and sustainable development within the luxury sector.
Among the illustrious brands under Kering SA's umbrella are Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ginori 1735, Kering Beauté, and Kering Eyewear. Each brand maintains its unique identity and heritage while benefiting from Kering SA's expertise in global brand development and market expansion.