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Revenue: US$15.25 billion
Country of Origin: France
Founded: 1963
Employees: 36,000
Kering is a French international conglomerate based in Paris which owns some of the world’s most iconic brands in fashion, footwear and accessories, shoes manufacturer including Gucci, Bottega Veneta, Volcom, and chief Adidas rival Puma. It is the world's third largest luxury goods company, ranking behind LVMH and Richemont.
The conglomerate was founded by François Pinault in 1963 and was known as Pinault S.A. until 1994. It went through other variations before ending up as Kering in 2013. Kering has been a constituent of the CAC 40 index since 1995 and has been headed by François-Henri Pinault, the founder’s son, since 2005.
Kering’s main athletic shoe brand, Puma, recently made a splash when its sneaker, Faas, was worn and endorsed by the fastest man in the world, Usain Bolt.
In 1963, François Pinault opened Établissements Pinault specializing in timber trading in Brittany (France) with loans from his family and bank. The company changed its name to Pinault SA and achieved organic growth through acquisitions. In 1988, Pinault SA was listed on the Paris Stock Exchange.
In 1989, Pinault SA purchased a 20% stake in CFAO, a French distribution group active in Africa. In 1990, Pinault SA and CFAO merged, and François Pinault became the head of the newly formed group. This accelerated its acquisitions in the retail sector: Conforama (French furniture retailer) in 1991, Printemps (French department store) in 1992, the company also owns 54% of La Redoute (French mail-order shopping retailer), and Fnac (French bookstore), multimedia and electronics retailer) in 1994. In order to cope with its new activities, the group changed its name to Pinault-Printemps-Redoute in 1994.
In 1999, Pinault-Printemps-Redoute acquired a 42% controlling stake in Gucci Group for USD 3 billion and Yves Saint Laurent 100%. These acquisitions mark the cornerstone of the group's transformation into luxury goods. After Gucci, Pinault-Printemps-Redoute acquired Boucheron (2000), Bottega Veneta (2001), Balenciaga (2001), and signed a strategic partnership with Alexander McQueen and Stella McCartney. In 2004, Pinault-Printemps-Redoute reached 99.4% ownership of Gucci.
Revenue: US$2.95 billion
Country of Origin: Italy
Founded: 1911
Employees:
Fila is a leading shoes manufacturer of athletic shoes, sportswear and accessories, founded by Giansevero Fila in Biella, Italy in 1911. The original Italian ownership group sold Fila to the American hedge fund Cerberus Capital Management in 2003. Four years later, Cerberus sold the company to Fila Korea, which now controls the entirety of Fila’s operations.
Worldwide, Fila has approximately 500 distribution facilities, with 300 franchised retail stores. Fila’s primary market is 18-34-year-old consumers with athletic shoes ranging from the easily affordable to exclusive.
Fila’s popularity peaked in the 1970s when a sponsorship deal with tennis great Bjorn Borg made Fila the most recognised brand in tennis footwear and apparel. The new Korean management under CEO Yoon Keun-Chang is currently pushing to revive the brand. To that end, they purchased Acushnet in 2011, which owns the brand Titleist, in a bid to increase their exposure in the golf market.
Fila is an iconic company that provides exquisite and unconventional design texture products that have a unique echo of excellence, innovation and exquisite craftsmanship.
The Italian origin company Fila was founded in 1911 as a shoes manufacturer company in Italy by its founder, Johan Fila. Currently, it operates under the protection of Fila Korea, and has established its headquarters in Seoul, South Korea. Fila Korea owns the rights to the currently acquired footwear products.
In 2003, it was sold to an international sports brand headquartered in the United States. Subsequently, in 2007, Fila Korea acquired the brand. In September 2010, it started an initial public offering on the Korea Exchange.
Through its subsidiary Magnus Holdings Co., Ltd, Fila Holdings owns 52% of Acushnet Company. The largest shareholders of Fila Holdings include Piemonte Co., Ltd (approximately 20%), Fila Holdings (20%) and Korea National Pension Service (National Pension Service) approximately 13%. Yoon Yoon-su, who owns 75% of Piedmont’s shares, serves as the chairman of Fila Holdings. The company's chief executive officer is Yin Jinchang. Fila has offices in 11 countries around the world.
Fila sponsored events such as the BMW Open in Germany and the Sony Open in Miami, as well as individual players such as Kin Clijsters, Carsten Ball, Timea Babos, John Isner, Bjorn Borg and Svetlana Kuznetsova.
Skechers is the third largest brand of related sneakers manufacturer in the United States. This billion dollar company has reached new heights in recent times because of its active and casual footwear. It offers a balanced assortment of merchandise that is available at a reasonable price range due to economical sourcing base.
Skechers is an American descent company founded in 1992 by founder Robert Greenberg. It is a shoe factory related to the footwear industry, involving lifestyle and high-performance footwear. The shoe brand provides esteemed customers with nearly 900 styles and designs in its diversified product portfolio.
Famous personalities attached with brand Skechers are Camila Cabello, David Ortiz, Kelly Brook, and Brook Henderson. It participates in charitable activities via “The SKECHERS Foundation”.
New Balance is an amalgamation of fashion and function. It is a premium brand offering stylish, durable, comfortable and expensive casual and athletic footwear. The company has integrated technology with innovation and now its products are equipped with heel counters, blended gel-inserts and a great range of sizes especially related to wide/narrow widths.
New Balance is one of the world's largest sports shoe manufacturers. It is an American origin company that was founded in the year 1906 by its founder William J Riley. New Balance manages all its operations via headquarters at Boston in Theneited state.
The company sponsors several personalities like Dale Steyn, Mathew Wade, Matt Reid, and Trayvon Bromell and teams like National Football Team of Panama to promote brand awareness.