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Top 10 Stories of 2023: All Change at Kering

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LOS ANGELES, CALIFORNIA - NOVEMBER 04: (L-R) Gucci Global CEO Jean-François Palus, Kering CEO François-Henri Pinault, Salma Hayek, wearing Gucci, Gucci Creative Director Sabato De Sarno, Sofia Boutella, wearing Gucci, and Andrew Garfield, wearing Gucci, attend the 2023 LACMA Art+Film Gala, Presented By Gucci at Los Angeles County Museum of Art on November 04, 2023 in Los Angeles, California. (Photo by Matt Winkelmeyer/Getty Images for LACMA)

Over the past 60 years France’s Pinault family has transformed its businesses multiple times.

François Pinault, who was 26 back in 1962, began his career trading wood in his hometown of Rennes. He would go on to build his fortune cycling through several industries — department stores, catalogs, electronics and furniture retailing among them — before settling on fashion.

His son François-Henri Pinault, now chairman and…

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