Company
Kering
TL;DR
Luxury goods competitor to LVMH with a more ambiguous brand hierarchy.
Luxury goods competitor to LVMH with a more ambiguous brand hierarchy. Compared unfavorably to LVMH on multiple metrics: 21.4% operating margin (vs. LVMH's 26.3%), 8%/year brand portfolio growth (vs. 12%), 19%/year executive turnover (vs. 8%), and 11%/year market cap growth over 20 years (vs. 18%).