Duyuru • Apr 23
Kering Announces Resignation of Jean-Pierre Denis as Director, Effective May 28, 2026 Kering announced Jean-Pierre Denis submitted his resignation from his position as Director, effective at the end of the Annual General Meeting on May 28, 2026. Chairman of the Audit Committee from 2012 to 2020, then Vice-Chairman of this Committee and a member of the Remuneration and Sustainability Committees, Jean-Pierre Denis has been a Director of Kering since June 9, 2008. He has also served as Climate Change Lead since 2022. Duyuru • Apr 21
Kering SA, Annual General Meeting, May 28, 2026 Kering SA, Annual General Meeting, May 28, 2026. Location: 40 rue de sevres, paris France Duyuru • Mar 31
Kering SA (ENXTPA:KER) completed the acquisition of 20% stake in Raselli Franco S.P.A. Kering SA (ENXTPA:KER) entered into an agreement to acquire 20% stake in Raselli Franco S.P.A. for approximately €120 million on December 18, 2025. A cash consideration of €115 million will be paid by Kering SA. The acquisition will be completed in several stages, starting with an initial 20% stake, with pathway to full ownership by 2032.
Completion of the transaction remains subject to customary closing conditions and regulatory approvals. The transaction is expected to close in the first quarter of 2026.
Donato Romano, Cristina Capitanio, Matteo Padellaro, Fabio Baglivo from Gianni & Origoni Law Firm acted as legal advisor to Kering SA (ENXTPA:KER). Giuliano Foglia, Matteo Carfagnini, Francesco Capogrossi, Sergio Mango and Carolina Castelli from Foglia & Partners, Accounting & Auditing acted as accountant to Kering SA (ENXTPA:KER). Sara Ciavorella from District Advisory acted as financial advisor to the unknown seller. Luca Picone from Hogan Lovells acted as legal advisor to the unknown seller.
Kering SA (ENXTPA:KER) completed the acquisition of 20% stake in Raselli Franco S.P.A. on March 30, 2026. Duyuru • Mar 18
Kering Appoints Pierre Houlès as Chief Digital, AI & IT Officer, Effective March 17, 2026 Kering announced the appointment of Pierre Houlès as Chief Digital, AI, and IT Officer, effective March 17, 2026. Pierre Houlès joins the Executive Committee of Kering. His mission is to strengthen the Group’s digital strategy and accelerate the transformation of its technology architecture to support the operational and technological ambitions of Kering. He will help build a model that fully embeds innovation to enhance the performance and desirability of the Houses. Pierre Houlès’s expertise in large-scale transformation, the integration of complex systems, and the application of emerging technologies, notably artificial intelligence, will be instrumental in accelerating the development of a more integrated, innovative, and forward-looking Group. Pierre Houlès reports to Jean Marc Duplaix, Group Chief Operating Officer. From 2004 to 2011, Pierre Houlès led major transformation projects for Capgemini before joining the CANAL+ Group, where he was appointed Chief Information Officer in 2012. In 2016, Pierre Houlès joined the Renault Group to lead its digital transformation. He was appointed Managing Director of Renault Digital in 2019 and Deputy Chief Information Officer of the group. He also served as Technical Director for the Mobilize and Dacia brands, while retaining his roles as Deputy Chief Information Officer of the group and Managing Director of Renault Digital. Pierre Houlès graduated from EPITA and Sorbonne Business School. Duyuru • Mar 17
Kering Appoints Jean-Marc Duplaix as Chief Executive Officer of Kering Jewelry, Effective March 16, 2026 Kering announced that Jean-Marc Duplaix has been appointed Chief Executive Officer of Kering Jewelry, effective immediately. The Chief Executive Officers of the Jewelry Houses will report to him, thus strengthening strategic alignment and operational coordination. He will retain his responsibilities as Group Chief Operating Officer, including finance, M&A, investor relations, real estate, digital, and the general secretariat. Duyuru • Dec 12
Kering Announces the Reclassification of Kering Beauté as Discontinued Operations Kering has announced the reclassification of Kering Beauté as discontinued operations in its consolidated financial statements, following an agreement with L’Oréal for the sale of Kering Beauté. This reclassification is in accordance with IFRS 5 and will be effective as of December 31, 2025. The financial contributions of Kering Beauté will be isolated and presented separately within net income from discontinued operations. Comparative periods will be restated to ensure consistency across reporting periods, and the Group’s financial indicators will be presented excluding Kering Beauté, under continuing operations. The restated financial indicators for Kering Beauté show a revenue of €148 million for H1 2025 and €320 million for 2024, with recurring operating income of €49 million for H1 2025 and €114 million for 2024. The detailed financial information will be included in the 2025 Financial Document to be published on February 10, 2026. Duyuru • Dec 06
Kering SA to Report Fiscal Year 2025 Results on Feb 10, 2026 Kering SA announced that they will report fiscal year 2025 results Pre-Market on Feb 10, 2026 Duyuru • Dec 03
Kering SA Approves Interim Dividend for the Financial Year 2025, Payable on January 15, 2026 At its meeting on December 2, 2025, the Board of Directors of Kering approved the payment of an interim dividend of €1.25 per share for the 2025 financial year. The interim dividend will be paid on January 15, 2026 on positions recorded as of January 14, 2026 after market close. The ex-dividend date will be January 13, 2026 before market open. The balance of the dividend for the 2025 financial year will be proposed by the Board of Directors on February 9, 2026, and subsequently submitted for approval at the Annual General Meeting on 28 May 2026. Duyuru • Oct 20
L'Oréal S.A. (ENXTPA:OR) entered into binding agreement to acquire Creed Fragrance from Kering SA (ENXTPA:KER) in a transaction valued at €4 billion. L'Oréal S.A. (ENXTPA:OR) entered into binding agreement to acquire Creed Fragrance from Kering SA (ENXTPA:KER) in a transaction valued at €4 billion on October 19, 2025. A cash consideration will be paid by L'Oréal S.A. L'Oréal also pay royalties to Kering for the use of its licensed brands. The agreement also includes an exclusive venture to explore business opportunities in the field of wellness and longevity and the right for Kering to sell Kering Beauté to L’Oréal. A strategic committee will be established to ensure coordination between Kering brands and L’Oréal and monitor the progress of our partnership. The partnership includes the rights to enter into a 50-year exclusive license for the creation, development, and distribution of fragrance and beauty products for Gucci, commencing after expiration of the current license with Coty, and respecting the Kering group’s obligations as per the existing license agreement. Kering will also grant L’Oréal 50-year exclusive licenses for the creation, development, and distribution of fragrance and beauty products for Bottega Veneta and Balenciaga, starting upon closing of the announced transaction.
The transaction is subject to approval by regulatory board / committee and subject to Kering’s obligations under French employment law. The transaction is expected to complete in the first half of 2026. Duyuru • Sep 18
Kering SA Announces Elimination of Functions of Deputy CEO Kering SA announced the appointment of Francesca Bellettini as President and Chief Executive Officer of Gucci, reporting to Luca de Meo, Chief Executive Officer of Kering. Jean-Marc Duplaix will continue to serve as Group Chief Operating Officer of Kering, supporting Luca de Meo in both the development of the Group and the management of its organization. As part of this change, the functions of Kering Deputy CEO will be eliminated. Francesca Bellettini joined Kering in 2003 as Strategic Planning Director and Associate Worldwide Merchandising Director of Gucci. In 2008, she joined Bottega Veneta and became Worldwide Merchandising and Communications Director in 2010. In 2013, she became President and Chief Executive Officer of Saint Laurent. In September 2023, Francesca Bellettini was appointed Kering Deputy CEO in charge of Brand Development. Prior to joining Kering, Francesca Belletini, who started her career in London as an investment banker, worked for the Business Planning and Development division of the Prada group, and later became Operations Manager for Helmut Lang. Duyuru • Sep 10
Kering SA Approves Appointment of Luca De Meo as A Director, Effective September 9, 2025 Kering SA announced that all resolutions submitted to the vote at the Combined General Meeting held on September 9, 2025, were approved. Shareholders overwhelmingly endorsed the appointment of Luca de Meo as a Director. This appointment is part of the separation of the roles of Chairman of the Board of Directors and Chief Executive Officer, effective as of September 15, 2025. On that date, as announced in June, Mr. de Meo will assume his role as Chief Executive Officer of the Group, while François-Henri Pinault will continue to serve as Chairman of the Board of Directors. Following this General Meeting, Kering’s Board of Directors is composed of 14 members, with an independence rate of 58% and strict gender parity. Six nationalities are represented: American, British, Chinese, French, Italian, and Turkish. Duyuru • Aug 04
Kering Reportedly in Talks with Qatar to Sell Milan Property Kering SA (ENXTPA:KER) is holding advanced talks with Qatar’s royal family to sell a Milan luxury property, Italian newspaper Il Corriere della Sera said. Kering may sell a majority stake in the company that owns the building it bought in 2024 for €1.3 billion ($1.5 billion), the newspaper reported, without saying where it obtained the information. Kering declined to comment on the report. Qatar Investment Authority wasn’t able to comment immediately. In April, it had been reported to be interested though the sovereign wealth fund denied the reports at the time. The French luxury company is working to sell properties in New York, Milan and Paris, it said in July as it announced a 15% sales plunge in the second quarter. Duyuru • Jun 20
Kering Announces Chief Executive Officer Changes, Effective September 9, 2025 The Kering Board of Directors approved the appointment of Luca de Meo as Chief Executive Officer of the Group, as recommended by the Appointments and Governance Committee. This decision, initiated by Francois-Henri Pinault, marks a decisive step in the evolution of Kering's governance and strengthens the Group's leadership as it enters a new phase of its development. As part of a renewed governance structure, the role of Chairman of the Board of Directors, held by Francois-Henri Pinault, will be separated from that of Chief Executive Officer. This governance structure is in line with best practices for major listed companies. These changes will take effect upon the decision of the Board of Directors which will be held following the Shareholder Meeting to be called for September 9, 2025. With 30 years of experience in the automotive industry, Luca de Meo was born in Milan, Italy, in 1967. He holds a degree in business administration from the Universit Commerciale Luigi Bocconi di Milano and was named Bocconi Alumnus of the Year in 2017. He began his career at Renault in 1992 before joining Toyota Europe. He then joined the Fiat Group, where he held the positions of Director of the Lancia, Fiat and Alfa Romeo divisions, CEO of Abarth and Marketing Director of the Fiat Group. In 2009, he joined the Volkswagen Group as Group and Volkswagen Brand Marketing Director. In 2012, he was appointed member of the Management Board responsible for Sales and Marketing at AUDI AG. From November 2015 to January 2020, he was President of SEAT and CUPRA, a member of the supervisory boards of Ducati and Lamborghini, and Chairman of the Board of Directors of the Volkswagen Group in Spain. Since July 2020, Luca de Meo has been CEO of the Renault Group and, since January 2021, a member of the Group's Management Board. From January 2021 to February 2023, he also served as CEO of the Renault brand. From January 2023 to December 2024, he was President of the European Automobile Manufacturers' Association (ACEA). From November 2023 to March 2025, he also served as CEO of Ampere, the European leader in zero-emission and software-defined vehicles. From April 2021 to October 2022, he was a member of the Board of Directors of TIM (Telecom Italia). Duyuru • Apr 04
Kering SA (ENXTPA:KER) signed an agreement to acquire 100% stake in Visard Srl and unknown minority stake in Mistral Srl. Kering SA (ENXTPA:KER) signed an agreement to acquire 100% stake in Visard Srl and unknown minority stake in Mistral Srl on April 3, 2025.
The transaction is subject to the clearance by the relevant competition authorities and is expected to be completed in the third quarter of 2025. Duyuru • Mar 17
Kering SA, Annual General Meeting, Apr 24, 2025 Kering SA, Annual General Meeting, Apr 24, 2025. Location: 40 rue de sevres, paris France Duyuru • Feb 11
Kering SA Proposes Final Dividend for the Year Ended December 31, 2024, Payable on May 7, 2025 Kering SA announced that in its February 10, 2025, meeting, Kering’s Board of Directors resolved to ask shareholders to approve a cash dividend of €6.00 per share at the Annual General Meeting to be held on April 24, 2025, to approve the financial statements for the year ended December 31, 2024. An interim dividend of €2.00 per share was paid on January 16, 2025. If approved, a final dividend of €4.00 will be paid on May 7, 2025, on positions determined on the evening of May 6, 2025. The ex-date for the final dividend payment will be the morning of May 5, 2025. Duyuru • Feb 06
Kering SA to Report Fiscal Year 2024 Results on Feb 11, 2025 Kering SA announced that they will report fiscal year 2024 results at 9:00 AM, Central European Standard Time on Feb 11, 2025 Duyuru • Jan 31
Simon Property Group, Inc. (NYSE:SPG) acquired Design Management S.R.L. from Kering SA (ENXTPA:KER) for approximately €350 million. Simon Property Group, Inc. (NYSE:SPG) acquired Design Management S.R.L. from Kering SA (ENXTPA:KER) for approximately €350 million on January 30, 2025. The Mall Luxury Outlets operates two luxury outlet destinations in Italy, one in Leccio and the other in Sanremo.
Simon Property Group, Inc. (NYSE:SPG) completed the acquisition of Design Management S.R.L. from Kering SA (ENXTPA:KER) on January 30, 2025. Duyuru • Jan 16
Ardian signed a binding investment agreement to acquire 60% stake in Three highly prestigious real estate properties in Paris from Kering SA (ENXTPA:KER) for approximately €840 million. Ardian signed a binding investment agreement to acquire 60% stake in Three highly prestigious real estate properties in Paris from Kering SA (ENXTPA:KER) for approximately €840 million on January 15, 2025. The transaction is pending the fulfillment of customary conditions for real estate transactions. Upon completion Ardian will hold a 60% stake in this unique prime real estate portfolio, Kering retaining 40% of the ownership. This portfolio comprises Hôtel de Nocé, located 26, place Vendôme, and two buildings located on avenue Montaigne, at 35-37 and 56. The deal is expected to close in the first quarter of 2025. Duyuru • Oct 08
Kering Announces Management Changes Kering announced the appointment of Stefano Cantino as CEO of Gucci, reporting to Francesca Bellettini, Deputy CEO of Kering in charge of Brand Development. Stefano Cantino, who joined Gucci in May 2024 as Deputy CEO and will have a seat on Kering’s Executive Committee, will succeed Jean-François Palus as of January 1, 2025. Jean-François Palus had been appointed CEO of Gucci in July 2023 with the main goal to set up the foundations of Gucci’s next chapter and hire key talents, including his successor. Stefano Cantino joined Gucci in May 2024 as Deputy CEO following a five-year career at Louis Vuitton, where he oversaw Communications and Image. Prior to his time at Louis Vuitton, Cantino, a graduate in Political Science from the University of Turin, spent 20 years in the Prada Group where he held positions of increasing responsibility in Marketing and Commercial, culminating in his role as Director of Communications and Marketing. Duyuru • Mar 28
Marcolin's Main Shareholder PAI Partners Reportedly Seeks Buyer Marcolin S.p.A.'s main shareholder PAI Partners earlier this year hired Goldman Sachs to explore a merger or a sale. The private equity firm, which bought Marcolin in 2012 and currently owns around 80% of the group, is looking for a valuation as high as EUR 1.3 billion, the Financial Times reported earlier this month. The sale process has drawn interest from big players such as Gucci-owner Kering SA (ENXTPA:KER) and Ray-Ban parent EssilorLuxottica Société anonyme (ENXTPA:EL), but it has not made significant progress so far, two sources close to the matter told Reuters. Kering is currently wrestling with a slowdown in Asian sales that has hit its star label Gucci. One stumbling block in talks with potential bidders is the asking price, which is considered too high, the sources said. Duyuru • Feb 08
Kering SA Proposes Final Dividend for the Year Ended December 31, 2023, Payable on May 6, 2024 Kering SA announced in its February 7, 2024 meeting, the company's Board of Directors decided to ask shareholders to approve a cash dividend of €14.00 per share at the Annual General Meeting to be held on April 25, 2024 to approve the financial statements for the year ended December 31,2023. An interim dividend of €4.50 per share was paid on January 17, 2024. If approved, a final dividend of €9.50 will be paid on May 6, 2024 on positions determined on the evening of May 3, 2024. The ex-date for the final dividend payment will be the morning of May 2, 2024. Duyuru • Jan 09
Kering Announces Departure of Tidjane Thiam as Director to the Chairman of Board of Director, Chair of the Audit Committee and Member of the Remuneration Committee Kering SA announced In order to have the necessary time to devote to his political commitments, Tidjane Thiam, elected President of the Democratic Party of Ivory Coast last December 22nd, submitted his resignation from his position as Director to the Chairman of Kering’s Board of Directors. Tidjane Thiam was an independent Director since June 16th, 2020, and Chair of the Audit Committee. He was also a member of the Remuneration Committee. On his own behalf and on behalf of the Board of Directors, François-Henri Pinault warmly thanks Tidjane Thiam for his involvement and his contribution to the Board’s activities, and notably as Chair of the Audit Committee. The Appointments and Governance Committee will consider his replacement and launch a succession process in the coming weeks. As it stands, the composition of the Committees remains unchanged and will be reviewed at the time of a future appointment. Duyuru • Dec 09
Kering SA, Annual General Meeting, Apr 25, 2024 Kering SA, Annual General Meeting, Apr 25, 2024. Agenda: To consider balance of the dividend for financial year 2023. Duyuru • Dec 07
Kering Declares Interim Dividend for Financial Year 2023, Payable on January 17, 2024 The Board of Directors of Kering, at its meeting of December 7, 2023, has declared an interim dividend for financial year 2023. The interim dividend will amount to €4.50 per share. The interim dividend will be paid on January 17, 2024 on positions recorded as of January 16, 2024 after market close. The ex-dividend date will be January 15, 2024 before trading. The balance of the dividend for financial year 2023 will be proposed by the Board of Directors of February 7, 2024 for approval by the Annual General Meeting of April 25, 2024. Duyuru • Dec 01
Kering SA (ENXTPA:KER) completed the acquisition of a 30% stake in Valentino S.p.A. from Mayhoola Lux S.à R.L. Kering SA (ENXTPA:KER) entered into a binding agreement to acquire a 30% stake in Valentino S.p.A. from Mayhoola Lux S.à R.L. for €1.7 billion on July 27, 2023. Following this transaction, Kering will hold a 30% stake in Valentino, with an option to acquire 100% of the share capital of Valentino no later than 2028 and Mayhoola will remain the majority shareholder with 70% of the share capital and will continue to execute on the successful brand elevation strategy. Valentino had revenues of €1.4 billion and EBITDA of €350 million in 2022. The transaction is subject to clearance by the relevant competition authorities and expected to close by end of 2023. Centerview Partners acted as financial advisor to Kering SA. JPMorgan Chase & Co. (NYSE:JPM) acted as financial advisor and fairness opinion provider to Mayhoola in the transaction. Bertrand Cardi, Christophe Vinsonneau,Didier Théophile, Martin Lebeuf and Vincent Agulhon Darrois Villey Maillot Brochier acted as legal advisor, Arsene Taxand, Accounting Arm acted as accountant and Gianni & Origoni Law Firm acted as legal advisor to Kering SA. Rothschild & Co acted as financial advisor to Mayhoola.
Kering SA (ENXTPA:KER) completed the acquisition of a 30% stake in Valentino S.p.A. from Mayhoola Lux S.à R.L. on November 30, 2023. The transaction completed following clearance from the antitrust authorities. Duyuru • Jul 28
Kering SA (ENXTPA:KER) entered into a binding agreement to acquire a 30% stake in Valentino S.p.A. from Mayhoola Lux S.à R.L. for €1.7 billion. Kering SA (ENXTPA:KER) entered into a binding agreement to acquire a 30% stake in Valentino S.p.A. from Mayhoola Lux S.à R.L. for €1.7 billion on July 27, 2023. Following this transaction, Kering will hold a 30% stake in Valentino, with an option to acquire 100% of the share capital of Valentino no later than 2028 and Mayhoola will remain the majority shareholder with 70% of the share capital and will continue to execute on the successful brand elevation strategy. Valentino had revenues of €1.4 billion and EBITDA of €350 million in 2022. The transaction is subject to clearance by the relevant competition authorities and expected to close by end of 2023. Duyuru • Jul 01
Kering SA acquired U N T (Usinage Et Nouvelles Technologies). Kering SA signed an agreement to acquire U N T (Usinage Et Nouvelles Technologies) on March 13, 2023. The transaction is subject to the clearance by the relevant competition authorities and is expected to be completed in the second quarter of 2023. Jacques Epstein, Julien Koch, Joëlle Hannelais, Daniele Bonvicini, Riccardo Sismondi, Matteo Montironi, Ginevra Losi, Sarah Machrhoul and Julia Compagnone of Vivien & Associés acted as legal advisor to Kering SA.Kering SA completed the acquisition of U N T (Usinage Et Nouvelles Technologies) on June 30, 2023. Duyuru • Feb 16
Kering Sa Appoints Sabato De Sarno as Creative Director of Gucci Kering SA and Gucci announced Sabato De Sarno's arrival as Creative Director of Gucci. Mr. De Sarno will present his debut runway collection at Milan Women's Fashion Week in September 2023. In his new role, De Sarno will lead the House's Design Studio reporting to Marco Bizzarri, President and CEO of Gucci, with the responsibility for defining and expressing the House's creative vision across the women's, men's, leather goods, accessories and lifestyle collections. Duyuru • Feb 15
Kering SA Proposes Cash Dividend for the Year Ended December 31, 2022, Payable on May 4, 2023 Kering SA announced that at its February 14, 2023 meeting, Kering’s Board of Directors decided to ask shareholders to approve a cash dividend of €14.00 per share at the Annual General Meeting to be held on April 27, 2023 to approve the financial statements for the year ended December 31, 2022. An interim dividend of €4.50 per share was paid on January 18, 2023. If approved, a final dividend of €9.50 would be paid on May 4, 2023. Duyuru • Feb 03
Kering Appoints Raffaella Cornaggia as CEO of Kering Beauté Kering announced the appointment of Raffaella Cornaggia as CEO of Kering Beauté. Based in Paris and reporting to Jean-François Palus, Group Managing Director of Kering, she will be a member of the Group’s Executive Committee. In her new role, and supported by a team of seasoned professionals, she will help develop an expertise in the Beauty category for Bottega Veneta, Balenciaga, Alexander McQueen, Pomellato and Qeelin. The creation of Kering Beauté will enable the Group to support these brands in the development of the Beauty category, which is a natural extension of their universe. An Italian national, Raffaella Cornaggia has over 25 years of experience in Beauty, spanning three continents, in multiple channels. Raffaella Cornaggia began her career at L’Oréal where she occupied various roles for 10 years in Italy and in France, before joining Chanel Parfums Beauté as Global Vice President, Marketing Makeup. In 2008, she joined Estée Lauder Companies at the time of the creation of its EMEA region to lead the marketing for Estée Lauder and Tom Ford Beauty, based in Paris. She then moved to Asia where she was appointed Senior Director, Brand Development for Estée Lauder and Tom Ford Beauty, and later promoted Vice President and General Manager for MAC Cosmetics in the region. In 2017, she spearheaded the development of the Travel Retail business worldwide for Estée Lauder and Aerin, as Senior Vice President and General Manager, based in New York. She then became International Senior Vice President and General Manager for the brands in 2020, responsible for worldwide business outside of the US and Canada. She is a graduate of Bocconi University in Milan. Duyuru • Oct 25
Kering SA to Report Fiscal Year 2022 Results on Feb 15, 2023 Kering SA announced that they will report fiscal year 2022 results Pre-Market on Feb 15, 2023