Kering’s François-Henri Pinault finalizes acquisition of talent agency CAA

📆 08/09/2023 01:32:00
📰 LuxuryDaily

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The deal, said to be worth $7 billion, will be pursued through a family trust that operates separately from the French conglomerate.

François-Henri Pinault is chairman/CEO of Kering. Image credit: Kering

Having initiated investments in names such as Italian fashion label Gucci and French fashion house Saint Laurent right before the turn of the century, followed by French jeweler Boucheron in 2000, plus French fashion house Balenciaga and Italian fashion house Bottega Veneta the year after, among others of that decade.

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CAA Sells Majority Stake to Investment Firm Led By Luxury Mogul François-Henri PinaultBryan Lourd, Kevin Huvane, and Richard Lovett will remain the co-chairman of CAA, with Lourd set to be named CEO.
Source: THR - 🏆 411. / 53 Read more »