Advertisement
UK markets close in 5 hours 21 minutes
  • FTSE 100

    8,048.72
    +24.85 (+0.31%)
     
  • FTSE 250

    19,696.10
    +96.71 (+0.49%)
     
  • AIM

    752.21
    +3.03 (+0.40%)
     
  • GBP/EUR

    1.1595
    +0.0006 (+0.05%)
     
  • GBP/USD

    1.2363
    +0.0012 (+0.10%)
     
  • Bitcoin GBP

    53,530.22
    +201.96 (+0.38%)
     
  • CMC Crypto 200

    1,420.06
    +5.30 (+0.37%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    81.97
    +0.07 (+0.09%)
     
  • GOLD FUTURES

    2,309.20
    -37.20 (-1.59%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    17,990.25
    +129.45 (+0.72%)
     
  • CAC 40

    8,069.92
    +29.56 (+0.37%)
     

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

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