Kering SA (OTCPK:PPRUY)
$ 36.22 -0.22 (-0.6%) Market Cap: 44.40 Bil Enterprise Value: 59.63 Bil PE Ratio: 13.68 PB Ratio: 2.69 GF Score: 87/100

Kering SA Capital Markets Day Transcript

Jun 07, 2019 / 02:00PM GMT
Release Date Price: $54.35 (+2.08%)
FranÃ;ois;Henri Pinault
Kering SA - Chairman & CEO

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(foreign language) Good morning, everyone. I'm very happy to welcome you here at this Kering Investors Day devoted to digital. For the first time, we have decided to dedicate an Investors Day not to a single house or activity but to an activity that is across the brands, and all our houses are involved. And we, at group level, we just coordinate and animate the whole thing. You will see that our decision actually reflects the key role that digital has gained into our industry. And if you remember, for those of you who had followed us a long time ago, I can see some of them, before Kering was Kering, we were chiefly in distribution. And if you consider how this sector was disrupted by digital, this really taught us a lesson that we do not want to forget.

So this meeting today is, for us, a great opportunity to discuss the many initiatives that we've been undertaking and to share them with you. Indeed, digital has been a key pillar of our transformation. Digital illustrates in very tangible terms the concept

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