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Kering 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.
Kering aims to bolster stakeholder engagement in promoting sustainable luxury to ensure the well-being of its employees, suppliers and customers worldwide. The Group actively participates in global industry initiatives and strengthens its partnership with prestigious schools and universities.
Mar 22, 2023 · Six years into the Group’s ‘Crafting Tomorrow’s Luxury’ strategy, Kering published its 2020-2023 Sustainability Progress Report today. Over the last three years following its first progress report in 2020, Kering continued to make significant strides towards attaining its original social and environmental 2025 targets. During this period, the Group augmented these historical goals with ...
Regenerative Fund for Nature - Epiterre. In the Midi-Pyrénées region of Southwestern France, recent climactic changes have negatively impacted local vegetation, with casca... Through our publications and our videos, on images and over the pages, learn about Kering and some of our sustainability actions.
Jul 27, 2023 · Kering shares have declined 3.4 per cent over the past 12 months, giving it a market value of €66.7bn. LVMH shares have risen 26.8 per cent over the same period, leading to a capitalisation of ...
In 2023, Kering’s net financial expense totaled €410 million. The effective tax rate on recurring income was 27.4%. Net profit attributable to the Group was €3.0 billion. Earnings per share amounted to €24.40. Cash flow and financial position. Free cash flow from operations was over €2.0 billion in 2023.
Lastly, Kering aims to inspire in-depth transformation and systemic change in its industry by developing innovative ideas that can be used by other stakeholders. To make a positive impact on biodiversity, for example, Kering will restore and regenerate a million hectares of its supply chain and protect one million hectares of critical, irreplaceable habitat by 2025.
