{"id":107284,"date":"2021-02-17T13:37:18","date_gmt":"2021-02-17T13:37:18","guid":{"rendered":"https:\/\/fin2me.com\/?p=107284"},"modified":"2021-02-17T13:37:18","modified_gmt":"2021-02-17T13:37:18","slug":"pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/","title":{"rendered":"Pinault says Kering is looking at M&amp;A options but focus is on organic growth"},"content":{"rendered":"<figcaption>FILE PHOTO: Francois-Henri Pinault, Chairman and Chief Executive Officer of French luxury group Kering, attends the annual news conference of Kering at the company&#8217;s headquarters in Paris, France, February 12, 2019. REUTERS\/Benoit Tessier<\/figcaption><p>PARIS (Reuters) &#8211; French luxury goods group Kering is looking at possible mergers and acquisitions seriously, but M&amp;A is not indispensable for its future growth, Chairman and Chief Executive Francois-Henri Pinault said on Wednesday.<\/p>\n<p>Pinault said his group was in a strong position, both in term of financial bandwidth and know-how, to potentially acquire and integrate a big target if the right opportunity arose, although he added that the priority for now was to focus on organic growth.<\/p>\n<p>Asked about recurring rumours that Kering could be eyeing a tie-up with Swiss rival Richemont, Pinault told reporters: \u201cIt\u2019s a group that we know well, it\u2019s one of our partners that gave us a licence for their eyewear so we are in regular contact. But it\u2019s a group that is controlled by a family, as is Kering, and there is nothing else on this matter.\u201d<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-kering-m-a\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth-idUSKBN2AH1E7\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: Francois-Henri Pinault, Chairman and Chief Executive Officer of French luxury group Kering, attends the annual news conference of Kering at the company&#8217;s headquarters [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":107283,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pinault says Kering is looking at M&amp;A options but focus is on organic growth - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pinault says Kering is looking at M&amp;A options but focus is on organic growth - Fin2me\" \/>\n<meta property=\"og:description\" content=\"FILE PHOTO: Francois-Henri Pinault, Chairman and Chief Executive Officer of French luxury group Kering, attends the annual news conference of Kering at the company&#8217;s headquarters [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-17T13:37:18+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/02\/cnewsfotor10-5.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/\",\"url\":\"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/\",\"name\":\"Pinault says Kering is looking at M&amp;A options but focus is on organic growth - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-02-17T13:37:18+00:00\",\"dateModified\":\"2021-02-17T13:37:18+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/fin2me.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Pinault says Kering is looking at M&amp;A options but focus is on organic growth\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pinault says Kering is looking at M&amp;A options but focus is on organic growth - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/","og_locale":"en_US","og_type":"article","og_title":"Pinault says Kering is looking at M&amp;A options but focus is on organic growth - Fin2me","og_description":"FILE PHOTO: Francois-Henri Pinault, Chairman and Chief Executive Officer of French luxury group Kering, attends the annual news conference of Kering at the company&#8217;s headquarters [...]","og_url":"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/","og_site_name":"Fin2me","article_published_time":"2021-02-17T13:37:18+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/02\/cnewsfotor10-5.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/","url":"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/","name":"Pinault says Kering is looking at M&amp;A options but focus is on organic growth - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-02-17T13:37:18+00:00","dateModified":"2021-02-17T13:37:18+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/markets\/pinault-says-kering-is-looking-at-ma-options-but-focus-is-on-organic-growth\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/fin2me.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Pinault says Kering is looking at M&amp;A options but focus is on organic growth"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/107284"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=107284"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/107284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/107283"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=107284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=107284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=107284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}