Wednesday, September 26, 2018
Kering enters the Stoxx 50 European index
On Monday 24 September, Kering joined the Euro STOXX 50® index, one of the major indexes of listed shares of the euro area. The Euro STOXX 50® comprises the 50 largest listed stocks in the eurozone, in terms of free-float market capitalization.
Kering shares have been listed on the Euronext Paris since 1988 and have been part of the CAC 40 index since 1995.
“I am delighted to see Kering’s shares listed on the Euro STOXX 50®. The fact that the Group founded by my father in 1963 is now one of the fifty largest market capitalizations in the eurozone is a recognition of the entrepreneurial values that have always guided us. This symbolic step illustrates our increasing value creation and the relevance of our development model. It demonstrates the confidence of the market in our ability to achieve profitable, sustained and consistent organic growth. "
François-Henri Pinault, Chairman and Chief Executive Officer
A global Luxury group, Kering manages the development of a series of renowned Maisons in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Maisons to set new limits in terms of their creative expression while crafting tomorrow's Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering Imagination.” In 2017, Kering had nearly 29,000 employees and restated revenue of €10.816 billion.
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