Kering Stock: Market Position Securely Targeted()

One of the most important luxury groups worldwide.

Kering, a French multinational corporation, is one of the world's leading luxury groups. It was founded in 1963 by François Pinault as a textile company called Pinault Printemps Redoute (PPR). The company has since expanded its operations to include a wide range of luxury brands, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, and Stella McCartney. Kering also owns a number of other businesses, including the auction house Christie's and the film production company Gaumont.

The company's strategy to strengthen its position.

Kering's strategy is focused on building a portfolio of strong luxury brands and investing in their growth. The company has been successful in this strategy, and its brands are now some of the most recognizable and desirable in the world. In 2021, Kering reported revenue of €17.6 billion and net income of €3.3 billion. The company's market capitalization is currently around €80 billion.

Annual General Meeting 2023

At the Annual General Meeting on June 6, 2023, the shareholders of Kering approved all of the resolutions proposed by the Board of Directors, including the payment of a dividend of €12.00 per share. The dividend will be paid on June 15, 2023, to shareholders of record as of June 9, 2023.