Home / Knowledge / News / Apparel/Garments / Apparel leader PPR is now Kering
Apparel leader PPR is now Kering
23
Mar '13
 Mr. François-Henri Pinault
Mr. François-Henri Pinault
PPR has changed its name to Kering. The name change will be subject to the approval of the General Meeting of Shareholders of the Group, which will be held June 18, 2013.

Since 2005, PPR has undertaken a major transformation. The new group will be totally out of the retail sector in the next few months. From a conglomerate focused on distribution activities primarily European, PPR has become in recent years a group coherent, integrated and international, now concentrated on a single trade: clothing and accessories, through luxury brands and Sport & Lifestyle.

PPR develops a set of complementary brands all with strong organic growth potential: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Stella McCartney, Sergio Rossi, Boucheron, Girard- Perregaux, Jeanrichard, Qeelin, Puma, Volcom, Cobra, Electric and Tretorn.

"Change of identity is the logical and necessary transformation. Beyond a simple change of scope or activity, that this new name reflects, it is the new nature of the Group, "said François-Henri Pinault, Chairman and CEO.

The expression of the new role of Group

Kering refers primarily as caring in English. It is in fact this unique way to take care of its brands, its employees, partners and the environment that characterizes the Group. The ending-ing expresses the dynamism and the international dimension of the Group. Ker, which means home and place to live in Breton, is a nod to his Breton origins.

Kering also obtains a new emblem. Animal symbol of wisdom, protection and vision, the owl represents its visionary character. 

Finally, Kering endorse a new signature: Empowering Imagination. The Group's role is to encourage imagination in all its forms to stimulate the creativity of its brands to support their growth and create value over the long term. What characterizes Kering, it is also the way to the imagination at the service of sustainable development for its businesses think differently.

"Kering is a name that has meaning. A name that reflects the values ??and purpose of the Group. It is this strong new identity that we will continue our mission to serve our brands to release their full growth potential, "said François-Henri Pinault.

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search