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Kering is the world’s second-largest luxury goods conglomerate after LVMH. Its flagship brand is Gucci, which accounts for 55% of revenue and over 70% of operating profits. Its other leading brands include Bottega Veneta and YSL. Other smaller luxury brands (in ready-to-wear, leather goods, and jewellery) generate around 18% of sales. Alexander McQueen, Balenciaga and Boucheron are part of Kering’s portfolio.Kering SA is a luxury brands company that designs, manufactures and markets apparel under the brand names Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Puma, Volcom, Cobra, Electric and Tretorn.