Gucci’s Parent Company Kering is one of the largest and most profitable luxury conglomerates in the world. It was founded in 1963 as a wood and building materials company by Francois Pinault, whose family still owns it.
Kering is known for owning brands such as Gucci, Alexander McQueen, and Yves Saint Laurent — but those are only some of its notable names.
Gucci is one of Kering's mot popular brands, Gucci was 2019's fastest-growing luxury brand, with a brand valuation of $15.9 billion.
Another top brand, Yves Saint Laurent Named, after its legendary founder, Saint Laurent has become one of the top luxury brands in the world. L'Oreal owns the beauty license to the brand's sizable and reputable cosmetics line.