Kering Eyewear ends ties with Maison Cartier

KKR

French premium fashion group, Kering said Kering Eyewear, its subsidiary, and the Maison Cartier, have completed the closing activities related to the strategic partnership for the development of the eyewear category.

Maison Cartier is owned by Compagnie Financière Richemont.

It would be recalled that the closing of the partnership was announced on 21 March 2017.

Kering Eyewear is part of the Kering Group, a global Luxury group that develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin and Ulysse Nardin. Kering is also developing the Sport & Lifestyle brands Puma, Volcom and Cobra.

Founded in 1847, the Maison Cartier is one of the world’s most esteemed houses of luxury. The Maison Cartier designs and manufactures exclusive collections of high and fine jewelry, wristwatches and prestige accessories, distributed through close to 300 Cartier boutiques worldwide.

Kering is a Luxury group, Kering develops an ensemble of luxury houses in fashion, leather goods, jewellery and watches: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin and Ulysse Nardin.

Kering is also developing the Sport & Lifestyle brands Puma, Volcom and Cobra. By ‘empowering imagination’, Kering encourages its brands to reach their potential, in the most sustainable manner. The Group generated revenue of €12.385 billion in 2016 and had more than 40,000 employees at year end. The Kering share is listed on Euronext Paris

Leave a Reply

Your email address will not be published. Required fields are marked *