who-owns-kering

Who Owns Kering?

Artémis is the Pinault family’s investment company. Founded in 1992 by François Pinault, it keeps tight control over Kering’s empire, with a 41.7% stake in the group, the most significant stake owned by a single investor, thus making Pinault the main shareholder of the luxury empire.

Artémis
Overview– Founded in 1992 by François Pinault
Ownership– Fully owned by the Pinault family
Key Investment– Holds a 41.7% stake in Kering (Luxury Goods Conglomerate)
Ownership Impact– François Pinault is the primary shareholder of Kering
Business Model– Focus on long-term strategic investments
– Diversifies across various industries and asset classes
– Actively manages portfolio companies for value creation
Investment Focus– Primarily emphasizes the luxury goods industry
Leadership– Chairman and Founder: François Pinault
Investment Team– Comprises dedicated investment professionals
Support Functions– Includes finance, legal, and administration departments
Financial Impact– Significant influence on Kering’s business strategies
– Drives growth and profitability in the luxury sector

Ownership Structure of Artémis:

Artémis is an investment company owned by the Pinault family. François Pinault founded the company in 1992 and holds a significant stake in Kering, a luxury goods group.

Artémis owns a 41.7% stake in Kering, making it the largest single investor and, consequently, François Pinault is the main shareholder of the luxury empire.

Business Model of Artémis:

  • Strategic Investments: Artémis focuses on making strategic investments in various sectors, with a strong emphasis on the luxury goods industry.
  • Long-Term Approach: The company adopts a long-term investment approach, seeking to maximize returns over extended periods rather than short-term gains.
  • Diversification: Artémis diversifies its portfolio across different industries and asset classes, aiming to spread risk and capture growth opportunities.
  • Active Management: The company actively manages its investments, engaging with portfolio companies to drive value and strategic direction.
  • Controlling Stake in Kering: Artémis’ largest investment is its significant stake in Kering, where it holds tight control over the luxury goods conglomerate.

Organizational Structure of Artémis:

  • Chairman and Founder: François Pinault serves as the Chairman and founder, providing overall strategic direction to the company.
  • Investment Team: Artémis likely has a dedicated team of investment professionals responsible for identifying, evaluating, and managing investment opportunities.
  • Support Functions: The company may have supporting functions, including finance, legal, and administration, to facilitate its investment activities.

Key Takeaways:

  • Artémis is an investment company founded and owned by the Pinault family, with François Pinault as the Chairman and founder.
  • As a strategic investor, Artémis holds a controlling stake of 41.7% in Kering, a luxury goods group, making François Pinault the main shareholder of the luxury empire.
  • The business model of Artémis revolves around strategic long-term investments, diversification, and active management of its portfolio.
  • Artémis operates with a focused approach, emphasizing the luxury goods industry and other sectors in its investment strategy.
  • While specific details of its organizational structure may not be publicly available, it likely has a team of investment professionals overseeing its investment activities and supporting functions to facilitate operations.

Key Highlights:

  • About Artémis:
    • Artémis is the investment company of the Pinault family.
    • Founded in 1992 by François Pinault.
    • It holds a significant 41.7% stake in Kering, making it the largest single investor.
    • As a result, François Pinault is the primary shareholder of the luxury empire, Kering.
  • Ownership Structure:
    • Artémis is fully owned by the Pinault family.
    • The company’s largest investment is its stake in Kering.
  • Business Model:
    • Strategic Investments: Artémis has a key focus on the luxury goods industry among other sectors.
    • Long-Term Approach: Prioritizes long-term returns over short-term gains.
    • Diversification: Invests across various industries and asset classes.
    • Active Management: Actively engages with its investment portfolio to drive value and direction.
    • Control over Kering: The company’s significant stake in Kering ensures tight control over the luxury goods conglomerate.
  • Organizational Structure:
    • Chairman and Founder: François Pinault, who provides strategic direction.
    • Investment Team: Comprises professionals who handle investment opportunities.
    • Support Functions: Likely includes departments like finance, legal, and administration to aid in investment activities.
  • Conclusion:
    • Artémis, under the leadership of François Pinault, has positioned itself as a major player in the luxury goods industry through its controlling stake in Kering.
    • The company’s emphasis on long-term strategic investments, active management, and diversification underscores its robust business model.
    • Although specific organizational details might not be public, it is evident that Artémis operates with a comprehensive team and structure to manage its vast investments.

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Kering Revenue

kering-revenue-breakdown
In 2022, Kering generated €20.35 billion in revenue, of which €10.49 billion from Gucci (50.6%), €3.3 billion from Yves Saint Laurent (15.9%), €1.74 billion from Bottega Veneta (8.39%), and €3.87 billion from the other houses.

Kering Financials

kering-financials
Kering generated €20.35 billion in revenue in 2022 and €3.6 billion in profits, €17.64 in revenue in 2021, and €3.17 billion in profits.

Gucci Revenue

gucci-revenue
Gucci generated €10.49 billion in revenue in 2022, compared to €9.73 billion in 2021 and €7.44 billion in 2020.

Yves Saint Laurent Revenue

yves-saint-laurent-revenue
Yves Saint Laurent generated €3.3 billion in revenue in 2022, compared to €2 billion in 2021 and €1.74 billion in 2020.

Bottega Veneta Revenue

bottega-veneta-revenue
Bottega Veneta generated €1.74 billion in revenue in 2022, compared to €1.5 billion in 2021 and €1.21 billion in 2020.

Bernard Arnault’s Net Worth

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Bernard Arnault’s wealth is around $203 billion. Indeed Arnault is the CEO and chairman of the luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton, a massive luxury group that generated over €79 billion in revenue ($83 billion) in 2022, spanning across wines, fashion, cosmetics, and retail. The Arnault family group owns 48.18% of the capital for LVMH with 63.9% voting power, making Bernard Arnault the principal owner and decision-maker. His stake is worth over $203 billion.

Slow Fashion

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Slow fashion is a movement in contraposition with fast fashion. Where in fast fashion, it’s all about speed from design to manufacturing and distribution, in slow fashion, quality and sustainability of the supply chain are the key elements.

Patagonia Business Model

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Patagonia is an American clothing retailer founded by climbing enthusiast Yvon Chouinard in 1973 who saw initial success by selling reusable climbing pitons and Scottish rugby shirts. Over time Patagonia also became a fashionable brand also for its focus on slow fashion. Indeed, the company sells high-priced clothing items built to last which it will repair for free.

Patagonia Organizational Structure

patagonia-organizational-structure
Patagonia has a particular organizational structure, where its founder, Chouinard, disposed of the company’s ownership in the hands of two non-profits. The Patagonia Purpose Trust, holding 100% of the voting stocks, is in charge of defining the company’s strategic direction. And the Holdfast Collective, a non-profit, holds 100% of non-voting stocks, aiming to re-invest the brand’s dividends into environmental causes.

Fast Fashion

fast-fashion
Fash fashion has been a phenomenon that became popular in the late 1990s and early 2000s, as players like Zara and H&M took over the fashion industry by leveraging on shorter and shorter design-manufacturing-distribution cycles. Reducing these cycles from months to a few weeks. With just-in-time logistics and flagship stores in iconic places in the largest cities in the world, these brands offered cheap, fashionable clothes and a wide variety of designs.

Inditex Empire

inditex-fast-fashion-empire
With over €27 billion in sales in 2021, the Spanish Fast Fashion Empire, Inditex, which comprises eight sister brands, has grown thanks to a strategy of expanding its flagship stores in exclusive locations around the globe. Its largest brand, Zara, contributed over 70% of the group’s revenue. The country that contributed the most to the fast fashion Empire sales was Spain, with over 15% of its revenues.

Ultra Fast Fashion

ultra-fast-fashion
The Ultra Fashion business model is an evolution of fast fashion with a strong online twist. Indeed, where the fast-fashion retailer invests massively in logistics and warehousing, its costs are still skewed toward operating physical retail stores. While the ultra-fast fashion retailer mainly moves its operations online, thus focusing its cost centers on logistics, warehousing, and a mobile-based digital presence.

ASOS Business Model

asos-business-model
ASOS is a British online fashion retailer founded in 2000 by Nick Robertson, Andrew Regan, Quentin Griffiths, and Deborah Thorpe. As an online fashion retailer, ASOS makes money by purchasing clothes from wholesalers and then selling them for a profit. This includes the sale of private label or own-brand products. ASOS further expanded on the fast fashion business model to create an ultra-fast fashion model driven by short sales cycles and online mobile e-commerce as the main drivers.

Real-Time Retail

real-time-retail
Real-time retail involves the instantaneous collection, analysis, and distribution of data to give consumers an integrated and personalized shopping experience. This represents a strong new trend, as a further evolution of fast fashion first (who turned the design into manufacturing in a few weeks), ultra-fast fashion later (which further shortened the cycle of design-manufacturing). Real-time retail turns fashion trends into clothes collections in a few days or a maximum of one week.

SHEIN Business Model

shein-business-model
SHEIN is an international B2C fast fashion eCommerce platform founded in 2008 by Chris Xu. The company improved the ultra-fast fashion model by leveraging real-time retail, quickly turning fashion trends in clothes collections through its strong digital presence and successful branding campaigns.

Read Next: Zara Business Model, Inditex, Fast Fashion Business Model, Ultra Fast Fashion Business Model, SHEIN Business Model.

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