Does Kering own Balenciaga?

Balenciaga has been a rising star in Kering’s portfolio of six legacy fashion brands, including Gucci, Saint Laurent, Bottega Veneta, Alexander McQueen and Brioni. In addition, the company also owns Boucheron and three other prestige jewelry and nearly 20 luxury eyewear brands.

Does Balenciaga have a responsibility?

Yet, it has ignored its responsibility, reminiscent of Nero fiddling while Rome burned. Balenciaga has been a rising star in Kering’s portfolio of six legacy fashion brands, including Gucci, Saint Laurent, Bottega Veneta, Alexander McQueen and Brioni.

Why is Balenciaga exploding?

Men and young millennial shoppers are main drivers of a sales explosion at Balenciaga. VENICE, Italy — Men and young "millennial" shoppers are the main drivers of a sales explosion at Balenciaga, the storied couture firm turned edgy label now posting the fastest growth rates within the Kering group, its chief executive said on Tuesday.

Is Balenciaga the fastest growing brand?

Still dwarfed by stablemate Gucci, with 6.2 billion euros in revenue in 2017, Kering said Balenciaga was its fastest-growing brand in the past two quarters, trumping the Italian label's 49 percent rise in comparable sales in the January to March period.