Kering S.A. (PPRUF) Company Profile
Kering SA is a France-based company that specializes in retail and luxury goods distribution. The Company operates through two core segments: LUXURY, which operates the Luxury Group division of PPR SA and designs, manufactures and markets luxury items, such as ready-to-wear clothing, leather goods, shoes, watches, jewelry, fragrances and cosmetics products; and Sport & Lifestyle segment, which designs and develops footwear, apparel and accessories under the brand names Puma, Volcom and Electrics. LUXURY’s various brands include Gucci, Saint Laurent, Alexander McQueen, Brioni, Christopher Kane, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, JEANRICHARD, Pomellato and Qeelin. On March 26, 2013, it acquired France Croco, which specializes in the sourcing, tanning and processing of crocodilian skins. On June 4, 2013 it closed the sale of its Nordic brands Ellos and Jotex. In July 2013, it completed the acquisition of a majority stake in the Pomellato group.
News about PPRUF
Chinese Luxury Goods Market Stabilizes
By Fan Yu Luxury shopping is back in vogue in China. Sales growth increased year over year for the first time since growth stalled after Chinese communist leader Xi Jinping began the anti-corruption campaign in 2013. Today, much of the sales growth i...Read More>>>
Tiffany: A Lone Ranger Among Luxury Conglomerates
The high-end jewelry market has always been more resilient than watches, as it is a less discretionary spending item. Moreover its cost base being mostly in Europe and outside Switzerland (compared to major watchmakers) gives an advantage to this pro...Read More>>>