What company owns Balenciaga?
Kering
Kering Holland NV
Balenciaga/Parent organizations
Is Balenciaga owned by Gucci?
2001: Balenciaga – In July 2001, the Gucci Group acquired a 91 percent stake in Balenciaga, which was founded in 1919 by Cristobal Balenciaga. It was revealed in March 2018 that McCartney would buy out the 50 percent stake held by Kering in order to create a fully independent brand.
What companies does Francois Pinault own?
François Pinault is honorary chairman of luxury group Kering, which owns fashion brands Saint Laurent, Alexander McQueen and Gucci. Pinault founded Kering, which started as a wood and building materials company, in 1963.
What brands are owned by Gucci?
Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin and Girard-Perregaux continually push creative codes and surpass standards of excellence.
How much of Kering does Pinault own?
The majority of Pinault’s wealth is derived from his family’s 41% stake in Kering, a publicly traded seller of luxury-goods. His son Francois-Henri is chief executive officer of the company.
Who owns the Gucci name?
Gucci/Parent organizations
Marco Bizzarri is CEO of Gucci since December 2014, and Alessandro Michele creative director since January 2015. Gucci is a subsidiary of the French luxury group Kering.
Who is Gucci CEO?
Marco Bizzarri (Jan 1, 2015–)
Gucci/CEO
Marco Bizzarri is Gucci’s president and chief executive. After he took up the role in January 2015, one his first strategic decisions was appointing Alessandro Michele as creative director of the Italian fashion house.
What company does Salma Hayek’s husband own?
Kering
Who is Salma Hayek’s husband? The son of French billionaire François Pinault, Hayek’s husband is chairman and CEO of the luxury group Kering (previously known as Pinault-Printemps-Redoute), whose portfolio includes Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and Brioni.
Who is the CEO of Pinault-Printemps-Redoute?
In 2003, François Pinault handed over the helm of Artémis, the family holding company that controlled Pinault-Printemps-Redoute to his son François-Henri. In 2005, François-Henri Pinault became president and CEO of Pinault-Printemps-Redoute, succeeding to Serge Weinberg.
When did Pinault Printemps Redoute buy Gucci?
To align with its new activities, the group was renamed Pinault-Printemps-Redoute in 1994. In 1999, Pinault-Printemps-Redoute purchased a controlling 42% stake of the Gucci group for $3 billion and 100% of Yves Saint Laurent. Those acquisitions marked the cornerstone of the group’s shift towards luxury.
How did the Pinault Group acquire CFAO?
The Pinault Group (later to become Pinault Printemps Redoute, PPR, then Kering) acquires a 20% stake in CFAO. It refocuses CFAO’s businesses on distribution in Africa and French overseas territories. The Group sets up a joint venture with Heineken to manage their first breweries in the Congo under the name BRASCO.