UK markets closed
  • NIKKEI 225

    27,049.47
    +178.20 (+0.66%)
     
  • HANG SENG

    22,418.97
    +189.45 (+0.85%)
     
  • CRUDE OIL

    111.90
    +2.33 (+2.13%)
     
  • GOLD FUTURES

    1,823.00
    -1.80 (-0.10%)
     
  • DOW

    31,280.48
    -157.78 (-0.50%)
     
  • BTC-GBP

    16,958.97
    -109.20 (-0.64%)
     
  • CMC Crypto 200

    450.38
    +0.32 (+0.07%)
     
  • ^IXIC

    11,322.58
    -201.97 (-1.75%)
     
  • ^FTAS

    4,035.24
    +31.01 (+0.77%)
     

Kering: KERING COMPLETES THE SALE OF GIRARD-PERREGAUX AND ULYSSE NARDIN

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

PRESS RELEASE
May 31, 2022



 

 

KERING COMPLETES THE SALE OF
GIRARD-PERREGAUX AND ULYSSE NARDIN

Kering today announced that it has completed the sale of its entire stake (100%) in Sowind Group SA, which owns the Swiss watch manufacturers Girard-Perregaux and Ulysse Nardin, to its current management, in accordance with the terms announced on January 24, 2022.

About Kering

A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses 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 2021, Kering had over 42,000 employees and revenue of €17.6 billion.

 

 

Contacts

 

Press
Emilie Gargatte                        +33 (0)1 45 64 61 20                emilie.gargatte@kering.com
Marie de Montreynaud          +33 (0)1 45 64 62 53                 marie.demontreynaud@kering.com

 

Analysts/investors
Claire Roblet                         +33 (0)1 45 64 61 49                claire.roblet@kering.com
Laura Levy                             +33 (0)1 45 64 60 45                laura.levy@kering.com

 

 

 

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting