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The traditional Balenciaga house was turned into a disruptive fashion house [32] and Yves Saint Laurent hit the 2-billion dollar sales mark in 2019. [33] However, from 2015 to 2022, the group's revenue was essentially driven by Gucci's year-on-year high performance, hitting the 10-billion dollars sales mark in 2022. [34]
Balenciaga (/ b ə ˌ l ɛ n s i ˈ ɑː ɡ ə / bə-LEN-see-AH-gə, [1] Spanish: [balenˈθjaɣa], Basque: [balents̻i.aɣa]) is a Spanish luxury fashion house headquartered in Paris.It designs, manufactures and markets ready-to-wear footwear, handbags, and accessories, and licenses its name and branding to Coty for fragrances. [2]
François-Henri Pinault (French: [fʁɑ̃swa ɑ̃ʁi pino]; born 28 May 1962 [1]) is a French businessman, the son of billionaire François Pinault.François-Henri took the reins of his father's retail conglomerate Pinault-Printemps-Redoute in 2005, and turned it into the luxury group Kering (Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta) in 2013.
François Pinault was born on 21 August 1936 in Les Champs-Géraux, a commune in the north of Brittany in the west of France. His father was a timber trader. [1]Pinault grew up in the rural French countryside, beginning his career working for his family's timber business.
Guccio Gucci was born in Florence, Tuscany on 26 March 1881. [1] He was the son of Tuscan parents, Gabriello Gucci, a leather craftsman from San Miniato, and Elena Santini, from Lastra a Signa. [2] [3] As a teenager, in 1899, Guccio Gucci worked at the Savoy Hotel in London.
Interior view of the Louis Vuitton flagship store in the Champs-Elysées. Louis Vuitton Malletier, commonly known as Louis Vuitton (/ l uː ˈ iː v ɪ ˈ t ɒ n / ⓘ, French: [lwi vɥitɔ̃] ⓘ), is a French luxury fashion house and company founded in 1854 by Louis Vuitton. [1]
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