Kering also developed a sports & lifestyle division with the acquisition of Puma (2007) and Volcom (2011).
In June 2013, Pinault changed the group’s name from PPR to Kering.
In 1987, François-Henri Pinault began his career at PPR (then called Pinault Distribution) where he was promoted manager of the buying department in 1988, head manager of France Bois Industries in 1989, and head manager of Pinault Distribution in 1990. He sold PPR’s leading retail assets: Conforama, CFAO, Printemps, Fnac and La Redoute.
PPR then merged with the Gucci group, its subsidiary since 1999.
The new name is a reference to his Breton roots, as "Ker" means "home" in the region’s dialect; Kering sounds like "caring".
In 2015, Kering launched the Women in Motion program with the Cannes Film Festival to raise gender issues within the film industry.
But there comes a time, often when a brand has matured, when it needs to broaden its scope and its artistic vocabulary and that’s when you need to ask yourself if it’s time for something else,” Pinault told in 2013.During his studies, he cofounded the still existing CRM company Soft Computing with other fellow students, and did an internship at Hewlett-Packard in Paris as a database software developer.After graduating, he completed military service in the French Trade Bureau of the French Consulate in Los Angeles, and was in charge of studying fashion and new technology sectors.) is a French billionaire businessman, the chairman and CEO of Kering since 2005, and the chairman of Groupe Artémis since 2003.Under his leadership, Kering divested from the retail industry and entered the luxury goods industry.