Kering is a French-based multinational corporation specializing in luxury goods. It owns the luxury brands Balenciaga, Bottega Veneta, Gucci, Alexander McQueen, Yves Saint Laurent. The timber-trading company Pinault S.A. was founded in 1963, by François Pinault. After the company was quoted on Euronext Paris in 1988, it became the retail conglomerate Pinault-Printemps-Redoute in 1994, and the luxury group Kering in 2013. The group has been a constituent of the CAC 40 since 1995. François-Henri Pinault is president and CEO of Kering since 2005. In 2020, the group's revenue reached €13.1 billion.