Style / Fashion

Luxury group PPR changes name to Kering

PPR will change its name to Kering to cap the company’s transformation into a luxury and sporting goods specialist.

Mar 23, 2013 | By AFPRelaxnews

Kering

PPR, the owner of some of the world’s biggest luxury brands (Gucci, Yves Saint Laurent, Balenciaga, Alexander McQueen and Stella McCartney), is rebranding itself to help complete a tr ansformation.

From June 18, the business formerly known as PPR (originally Pinault-Printemps-Redoute) will be called KeringĀ (the word has its origins in the Breton language, meaning ‘house’). Kering also unveiled a visual identity includuing an owl logo with a heart-shaped face, and a new tagline “Empowering Imagination.”

Founded in 1963 by businessman FranƧois Pinault, the company is now run by his sonĀ FranƧois-Henri Pinault and has been a publicly-traded entity since 1988.Ā The transition to a luxury holding began with an investment in 1999 in the Italian leather goods specialist and fashion brand Gucci Group.

Kering also own sports brandĀ Puma, and in January this yearĀ purchased a 51 percent stakeĀ in emerging London design talent Christopher Kane.


 
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