Group and Brands' key figures (2024)

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Finance

About Kering & key figures

Kering is a global Luxury group composed of iconic and dynamic Houses in Fashion, Leather Goods and Jewelry.

Group's key figures

Below are the Group’s key financial data.

Group and Brands' key figures (1)

(in euros)

Update on 04/29/2024

(in € millions)

2023

2022

Change

(reported)

Revenue

19,566

20,351

- 4%

EBITDA

6,569

7,255

-9%

EBITDA margin

(as a % of revenue)

33.6%

35.6%

-2.0 pts

Recurring operating income

4,746

5,589

-15%

Recurring operating margin

(as a % of revenue)

24.3%

27.5%

-3.2 pts

Net income attributable to owners of the parent

2,983

3,614

-17%

o/w continuing operations

excluding non-recurring items

3,061

3,747

-18%

Gross operating investments(1)

2,611

1,071

+144%

Free cash flow from operations(2)

1,983

3,208

-38%

Net debt(3)

8,504

2,306

N/A

Headcount on the payroll

at year-end

48,964

47,227

+4%

(1) Purchases of property, plant and equipment and intangible assets.

(2) Free cash-flow from operations is defined on page 37 of the 2023 Financial Document.

(3) Net debt is defined on page 37 of the 2023 Financial Document.

Houses’ key figures

Key figures for the Group by activity and house.

Group and Brands' key figures (2)

Update on 02/08/2024

Revenue change

(in € millions)

1

°

2022

2

°

2023

Recurring operating income change

(in € millions)

1

°

2022

2

°

2023

Directly operated stores

1

°

Western Europe

2

°

North America

4

°

Asia Pacific

5

°

Rest of the world

Group and Brands' key figures (3)

Group and Brands' key figures (4)

Articles of association

Read Kering's articles of association

See more

Group and Brands' key figures (2024)

FAQs

What brands are in the Kering Group? ›

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.

How much of Kering is Gucci? ›

Asia-Pacific made up 35% of company revenues. Kering owns some 13 brands, but Gucci accounted for roughly one-half of Kering's $21.2 billion (€19.6 billion) in revenues last year, as overall sales dropped 4% from 2022 and Gucci was down 6%.

Who owns the Kering Group? ›

Kering is 42%-owned by Artémis, the holding company controlled by the Pinault family.

What is the largest Kering brand? ›

Gucci has been the greatest contributor to the Kering Group's revenue over the past number of years.

Does Kering own Prada? ›

The company that owns Gucci and Prada is Kering. Kering is a French multinational luxury goods holding company based in Paris. It was founded in 1963 by François Pinault and is now headed by his son François-Henri Pinault.

Does Gucci own Balenciaga? ›

Kering (French: [kɛːʁiŋ]) is a French-based multinational corporation specializing in luxury goods. It owns the brands Gucci, Balenciaga, Bottega Veneta, Yves Saint Laurent, Creed and Alexander McQueen.

Is Chanel part of Kering? ›

Who owns Chanel? The Wertheimer family. But, who are they? One of the few luxury fashion houses not amassed by conglomerates LVMH or Kering, Chanel has been privately owned by the Wertheimer family for almost a century.

Is Balenciaga owned by Kering? ›

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.

Who owns Louis Vuitton now? ›

Bernard Arnault oversees the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. LVMH acquired American jeweler Tiffany & Co in 2021 for $15.8 billion, believed to be the biggest luxury brand acquisition ever.

Does Kering own Tom Ford? ›

Kering was reportedly in advanced talks last year to acquire Tom Ford, which analysts observed could have helped the conglomerate kickstart its in-house beauty business — but in the end, Estée Lauder Companies agreed to acquire Tom Ford in a $2.8 billion deal.

Did Kering own Puma? ›

French luxury group Kering, owner of approximately 86% of PUMA's total share capital, announced earlier today that it will propose to its Annual General Meeting to distribute approximately 70% of the total share capital of PUMA to Kering's shareholders, thus reducing its shareholding in PUMA to approximately 16%.

Who is CEO of Kering Group? ›

François-Henri Pinault | Kering Chairman & CEO | Kering | Kering.

Why is it called Kering? ›

A name that expresses our values

In the Breton language – an allusion to the Group's origins – ker means home or a place to live.

Why is Kering so successful? ›

Kering is still growing today thanks to the expertise and inspiration of the Houses and the boldly creative and authentic worlds they have fashioned over more than two centuries.

Is Dolce and Gabbana part of Kering? ›

Dolce & Gabbana is not discussing a possible tie-up with Kering, the Italian fashion group's chief executive said in a press interview published on Tuesday. “I can absolutely deny it,” said Alfonso Dolce, when asked about a marriage with the owner of Gucci.

Is Puma part of Kering group? ›

French luxury group Kering, owner of approximately 86% of PUMA's total share capital, announced earlier today that it will propose to its Annual General Meeting to distribute approximately 70% of the total share capital of PUMA to Kering's shareholders, thus reducing its shareholding in PUMA to approximately 16%.

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