Overview
Description
Kering S.A. Unsponsored ADR represents the American Depositary Receipt for Kering S.A., a prominent luxury group headquartered in France. This financial instrument allows investors in the United States to effectively own shares in Kering without directly participating in foreign stock exchanges. Kering S.A. is renowned for its portfolio of luxury fashion brands, including Gucci, Saint Laurent, and Balenciaga, which operate at the forefront of the global luxury goods market. The ADR facilitates a wider investor base by simplifying investment logistics in terms of currency transactions and tax considerations for U.S. investors. By holding an ADR, investors can gain exposure to the luxury and retail sectors, areas where Kering continues to wield significant influence due to its emphasis on craftsmanship, brand heritage, and sustainable luxury practices. As the luxury market evolves, Kering's strategic innovations and acquisitions maintain its position as a key player driving the growth and dynamics of luxury commerce worldwide.
About
CEO
Mr. François-Henri Pinault
Employees
44627
Address
40, rue de Sèvres
Paris, 75007
Paris, 75007
Phone
33 1 45 64 61 00
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Luxury Goods
Country
Germany
MIC code
XFRA