It’s no surprise that Balenciaga has quickly established itself as one of the most highly sought-after luxury fashion houses in the world.
From its luxurious clothing to its iconic accessories, there is a reason why this Spanish brand continues to come out on top when it comes to style and innovation.
But did you know that apart from its well-known pieces, Balenciaga also owns several other companies?
If you’re interested in finding out more about who makes up the Balenciaga family then read on – we’ll take you through exactly who they have investments in!
Who Owns Balenciaga?
Balenciaga is owned by the large conglomerate Kering.
This company is responsible for a variety of luxury fashion brands and accessories, with Balenciaga being only one of their many investments.
Founded in 1963 by the Gucci Group, Kering now owns a total of 15 brands including Alexander McQueen, Puma, and Saint Laurent Paris.
What Companies Does Balenciaga Own?
Balenciaga, the luxury fashion brand known for its cutting-edge designs and high-end products, is actually owned by a larger conglomerate called Kering.
Kering, which also owns other top luxury brands such as Gucci, Saint Laurent, and Bottega Veneta, acquired Balenciaga in 2001.
However, Balenciaga maintains its own unique identity and operates independently from Kering’s other subsidiary brands.
As a company, Balenciaga remains committed to pushing boundaries and creating fashion that is both innovative and iconic.
Its ownership by Kering provides the resources and support necessary to maintain its status as a leader in the luxury fashion industry.
The list of companies owned by the Kering group which owns Balenciaga is below:
1. Alexander McQueen
It is a British luxury fashion label founded by Lee Alexander McQueen in 1992.
2. Puma
It is a world-renowned sportswear brand that is known for its innovative footwear and apparel designs.
3. Bottega Veneta
It is an Italian fashion house owned by Kering since 2001, best known for its handbags and leather goods.
4. Gucci
It is an iconic Italian fashion house that has long been recognized as an industry leader in design and craftsmanship.
5. Saint Laurent Paris
It is an independent French fashion house established in 1961 by Yves Saint Laurent and Pierre Bergé.
6. Ulysse Nardin
It is a Swiss watchmaker founded in 1846, renowned for its precision and craftsmanship.
7. Brioni
It is an Italian menswear brand founded in 1945, best known for its custom-made suits.
8. Christopher Kane
It is a British fashion designer known for his innovative designs and use of bold colors.
9. Boucheron
It is the iconic French jewelry house that has been creating fine jewelry since 1858.
10. Clergerie
It is a French footwear label founded in 1981, known for its artisanal and modern designs.
11. Girard-Perregaux
It is a Swiss maker of luxury watches since 1791, renowned for its precise timepieces.
12. Qeelin
It is a Chinese jewelry brand founded in 2004, specializing in modern, colorful pieces.
Balenciaga’s investments in these companies allow them to tap into a variety of markets and focus on the luxury fashion industry as a whole.
By diversifying its portfolio with some of the world’s leading luxury design houses, Balenciaga is able to stay ahead of trends and remain an important player in the market.
As it continues to invest in the industry, Balenciaga is sure to remain a leader for years to come.
With its investments in Puma, Gucci, Bottega Veneta, Saint Laurent Paris, Ulysse Nardin, Brioni, Christopher Kane, Boucheron, Clergerie, and Girard-Perregaux, Balenciaga is well-positioned to dominate the luxury fashion market.
Its success in acquiring and partnering with some of the world’s leading brands has allowed it to continue pushing boundaries and remain a leader in innovation.
As Balenciaga continues its investments, there’s no telling what possibilities await.
When Was Balenciaga Founded?
The Spanish fashion house was founded in 1917 by designer Cristóbal Balenciaga, who quickly gained a reputation for his flawless craftsmanship and attention to detail.
He revolutionized the fashion industry with his modern designs, which were known for their avant-garde silhouettes and use of fabrics.
Balenciaga’s influence still resonates in modern fashion, and his legacy lives on through the brand’s current creative director, Demna Gvasalia.
So, when was Balenciaga founded? Over a century ago, its impact on the fashion world is still felt today.
Who is the CEO of Balenciaga?
His name is Cédric Charbit, and as the CEO of Balenciaga, he oversees the brand’s day-to-day operations and strategic vision.
With his background in luxury fashion and business, Charbit brings a unique perspective and innovative ideas to the table that have helped Balenciaga stay ahead of the curve.
So, if you’re curious about the mastermind behind this cutting-edge fashion house, look no further than Cédric Charbit, the man who is leading Balenciaga into the future.
What is Balenciaga’s Net Worth?
As of 2023, the brand is estimated to have a net worth of around $3.7 billion.
Not too shabby for a fashion brand that started more than a hundred years ago!
This just goes to show the power and influence of the Balenciaga brand and the legacy of Cristóbal Balenciaga that lives on to this day.
Much of this wealth has been generated through investments, such as their partnerships with LVMH (the world’s largest luxury group) and Kering (a French luxury goods company).
This shows that the team at Balenciaga knows how to maximize the potential of its brand and is always looking for ways to innovate and stay ahead of the competition.
It certainly looks like they are doing a great job!
Where is the Headquarters of Balenciaga?
Balenciaga headquarters are situated in a beautiful historic building in Madrid, Spain.
From there, the talented team at Balenciaga creates a wide range of high-end products that are sold all across the world.
So, the next time you sport your Balenciaga outfit, just think about the magical journey that product took from the headquarters in Madrid to your closet!
What is the Annual Revenue of Balenciaga?
Balenciaga’s annual revenue in 2022 was $272.6 million.
As they continue to expand their reach to new markets worldwide, Balenciaga’s revenue is only expected to grow even further.
With such impressive figures, it is clear that Balenciaga has cemented its status as a major player in the fashion industry.
How Many Employees Does Balenciaga Have?
Currently, it is estimated that Balenciaga employs over 2,000 people in various roles, with many of them based in their headquarters in Madrid.
From designers to merchandisers to sales associates, the staff at Balenciaga are dedicated to making sure that each product meets its high standards of quality and excellence.
Balenciaga is a major global fashion house that has thousands of employees across its various offices, boutiques, and other business locations.
World-renowned for its unique designs and exceptional craftsmanship, the brand has attracted many talented professionals from across the world to join its team.
Final Thoughts
In conclusion, Balenciaga is one of the most iconic fashion houses around the world and continues to stay in the spotlight since its founding in 1937.
The luxury company is owned by Kering, a French mega-conglomerate that also owns Gucci, Alexander McQueen, Saint Laurent, and more.
The headquarter of the brand is located in Paris, France where it continues to innovate designs and construct garments with impeccable craftsmanship.
Overall, Balenciaga has cemented itself as one of the most powerful firms in the fashion industry with an immense annual revenue that shows no signs of slowing down anytime soon.