François-Henri Pinault Family Owns a Luxury Fashion Empire
François-Henri Pinault, a prominent figure in the luxury fashion industry, leads a family that owns one of the world’s most prestigious luxury fashion empires. Born on May 28, 1962, in Rennes, France, Pinault is the CEO of Kering, a global luxury group that encompasses some of the most iconic brands in the fashion world.
Kering: A Global Luxury Powerhouse
Kering, originally founded as Pinault-Printemps-Redoute (PPR) by François-Henri’s father, François Pinault, has evolved into a dominant force in the luxury sector. The group owns several high-profile brands, including:
- Gucci: Acquired in 1999, Gucci is one of Kering’s flagship brands, contributing significantly to the group’s revenue. In 2022, Gucci’s revenue reached €10.5 billion.
- Saint Laurent: Purchased in 1999, Saint Laurent continues to be a major player in the fashion industry, with 2022 revenues of €3 billion.
- Balenciaga: Acquired in 2001, Balenciaga is known for its innovative designs and had a revenue of €1.76 billion in 2022.
- Alexander McQueen: Acquired in 2001, Alexander McQueen is celebrated for its unique and avant-garde fashion, contributing significantly to Kering’s portfolio.
- Bottega Veneta: Acquired in 2001, this brand is renowned for its luxury leather goods and had a revenue of €1.5 billion in 2022.
Under François-Henri Pinault’s leadership, Kering’s total revenue in 2022 was €20.3 billion, with a net profit of €3.6 billion, highlighting the group’s financial strength and market dominance.
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Salma Hayek, the renowned Hollywood actress, and her husband François-Henri Pinault, the French billionaire businessman, make one of the most intriguing power couples in the entertainment and business worlds. As the CEO of Kering, the luxury goods conglomerate, Pinault oversees some of the most prestigious brands globally, including Gucci, Saint Laurent, and Balenciaga.
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François-Henri Pinault is a prominent French businessman and the CEO of Kering, a global luxury goods conglomerate. Born on May 28, 1962, in Rennes, France, Pinault is the son of François Pinault, the founder of Kering (formerly known as PPR). Under his leadership, Kering has transformed into a powerhouse in the luxury fashion industry, owning iconic brands such as Gucci, Saint Laurent, Balenciaga, Alexander McQueen, and Bottega Veneta.
Table of Content
- François-Henri Pinault Family Owns a Luxury Fashion Empire
- Early Life and Background
- Leading Kering: A Global Luxury Powerhouse
- Financial Performance and Growth
- Marriage to Salma Hayek
- Salma and François-Henri Pinault Impact on the Fashion Industry