Kering, a renowned luxury group, has recently opened its new Italian headquarters in the bustling city of Milan. This move signifies the company’s commitment to strengthening its presence in Italy, a crucial territory for Kering’s growth and success.
At the core of Kering‘s values lie creativity, audacity, innovation, and diversity, which have driven the success of its various luxury Houses and shaped its vision of sustainable and influential luxury. The French holding company, led by François Pinault’s investment firm Artémis, owns several iconic brands, including Gucci, in which it purchased an $8.8 billion stake back in 2004.
The decision to establish a new headquarters in Milan aligns with Kering’s strategic focus on growth and its integrated business model, which combines agility, balance, and responsibility. This approach has spurred the rapid growth of its Houses and allowed them to thrive in the competitive luxury goods industry.
One of Kering’s key competitive advantages is its strong brand portfolio, global reach, and efficient supply chain. In 2019, the company began constructing a logistics hub in Trecate, centralizing logistics and storage to better meet market demands. Furthermore, Kering’s emphasis on sustainability has become increasingly important to luxury consumers, setting it apart from its competitors.
With the opening of its new Italian headquarters, Kering continues to evolve as a global luxury brand company, employing over 30,000 people worldwide. The company’s dedication to protecting and reinforcing brand positioning, increasing appeal, and expanding its offerings ensures that Kering remains at the forefront of the luxury goods industry.