Skip to Content
Contemporary Strategy Analysis, 10th Edition
book

Contemporary Strategy Analysis, 10th Edition

by Robert M. Grant
November 2018
Intermediate to advanced
672 pages
26h 37m
English
Wiley
Content preview from Contemporary Strategy Analysis, 10th Edition

Case 2Kering SA: Probing the Performance Gap with LVMH*

From PPR to Kering

In March 2013, the French fashion and retail giant, Pinault‐Printemps‐Redoute (PPR), changed its name to Kering. According to CEO François‐Henri Pinault: “Kering is a name with meaning, a name that expresses both our purpose and our corporate vision. Strengthened by this new identity, we shall continue to serve our brands to liberate their potential for growth.” The change in name followed the transformation in the business of the company.

PPR was primarily a retailing company: it owned the department store chain Au Printemps, the mail‐order retailer La Redoute, and the music and electronics chain Fnac. However, the acquisition of a controlling stake in the Gucci Group in 1999 marked the beginning of a transformation into a fashion and luxury goods company. Table 1 shows the main acquisitions and divestments of PPR/Kering.

TABLE 1 Kering's principal acquisitions, divestments, and new business launches, 1999–2017

Source: Tables 1, 2, 3, A1, and A2 are based upon information in Kering Financial Documents 2016 and 2017.

Year Business
1999 Acquisition of 42% of Gucci Group (later increased to 100%) Acquisition of Yves St. Laurent
2000 Acquisition of Boucheron (jewelry and perfumes)
2001 Acquisition of Bottega Veneta and Balenciaga Launch of Stella McCartney and Alexander McQueen brands
2004 Ownership of Gucci Group increased to 99.4% Sale of Facet (financial services), Rexel (distributors ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Reframing Organizations, 7th Edition

Reframing Organizations, 7th Edition

Lee G. Bolman, Terrence E. Deal
Business Analysis Techniques, 3rd Edition

Business Analysis Techniques, 3rd Edition

James Cadle, Debra Paul, Jonathan Hunsley, Adrian Reed, David Beckham, Paul Turner

Publisher Resources

ISBN: 9781119495727Purchase book