![Why Kering is buying a chunk of Valentino as Gucci sales slow: François-Henri Pinault's French giant secured the US$1.8 billion deal with Qatar's Mayhoola amid struggles to keep up with LVMH Why Kering is buying a chunk of Valentino as Gucci sales slow: François-Henri Pinault's French giant secured the US$1.8 billion deal with Qatar's Mayhoola amid struggles to keep up with LVMH](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2023/07/31/563ab91c-f19d-4777-a022-d508d5ffb661_8627a3aa.jpg)
Why Kering is buying a chunk of Valentino as Gucci sales slow: François-Henri Pinault's French giant secured the US$1.8 billion deal with Qatar's Mayhoola amid struggles to keep up with LVMH
![Meet Francois Pinault, the French billionaire who has a $1.2 billion art collection, owns Christie's, and founded Kering, the luxury giant behind Gucci and Balenciaga | Business Insider India Meet Francois Pinault, the French billionaire who has a $1.2 billion art collection, owns Christie's, and founded Kering, the luxury giant behind Gucci and Balenciaga | Business Insider India](https://www.businessinsider.in/thumb/msid-68245435,width-640,resizemode-4,imgsize-1294212/After-several-years-in-retail-the-company-began-shifting-its-focus-to-luxury-in-1994-after-purchasing-a-42-stake-in-the-Gucci-Group-.jpg)
Meet Francois Pinault, the French billionaire who has a $1.2 billion art collection, owns Christie's, and founded Kering, the luxury giant behind Gucci and Balenciaga | Business Insider India
![The Battle for the Gucci Group: "One of the Most Bitter Fights in Corporate History" - The Fashion Law The Battle for the Gucci Group: "One of the Most Bitter Fights in Corporate History" - The Fashion Law](https://www.thefashionlaw.com/wp-content/uploads/2018/01/123_image-asset.jpg)
The Battle for the Gucci Group: "One of the Most Bitter Fights in Corporate History" - The Fashion Law
Meet Francois Pinault, the French billionaire who has a $1.2 billion art collection, owns Christie's, and founded Kering, the luxury giant behind Gucci and Balenciaga | Business Insider India
![Le groupe de luxe Kering (Gucci, Saint Laurent, Bottega Veneta...) annonce le rachat de la maison de haute parfumerie Creed, avec un accord signé pour acquérir 100% du capita | Jean-Marc Morandini Le groupe de luxe Kering (Gucci, Saint Laurent, Bottega Veneta...) annonce le rachat de la maison de haute parfumerie Creed, avec un accord signé pour acquérir 100% du capita | Jean-Marc Morandini](https://www.jeanmarcmorandini.com/sites/jeanmarcmorandini.com/files/styles/facebook/public/2_0.webp?itok=YDM7dayK)
Le groupe de luxe Kering (Gucci, Saint Laurent, Bottega Veneta...) annonce le rachat de la maison de haute parfumerie Creed, avec un accord signé pour acquérir 100% du capita | Jean-Marc Morandini
![Paris France February 2022 Sign Gucci Store Italian Brand Originating – Stock Editorial Photo © HJBC #547019748 Paris France February 2022 Sign Gucci Store Italian Brand Originating – Stock Editorial Photo © HJBC #547019748](https://st.depositphotos.com/38755294/54701/i/1600/depositphotos_547019748-stock-photo-paris-france-february-2022-sign.jpg)
Paris France February 2022 Sign Gucci Store Italian Brand Originating – Stock Editorial Photo © HJBC #547019748
![Luxury fashion giant Kering's profits are on the rise: despite Gucci's poor performance, Balenciaga's bondage teddy bear ads condemned by Kim Kardashian and China's lockdown, sales jumped 15 per cent | South Luxury fashion giant Kering's profits are on the rise: despite Gucci's poor performance, Balenciaga's bondage teddy bear ads condemned by Kim Kardashian and China's lockdown, sales jumped 15 per cent | South](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2023/02/16/8269ea01-0176-44f7-a0d4-d5a6345890a8_039d4522.jpg)