Holding of the French billionaire Artemis Francois Pinault, owner of iconic brands including Gucci and Christie’s, has acquired a majority stake in Creative Artists Agency (CAA). Thus, the agency, which handles the affairs of many major Hollywood stars, is replenished with an appreciated portfolio of activities. he will retain his position and the agency will be managed separately from a luxury goods company owned by Pinault. In 1962, Pinault founded the timber trading company Pinault SA, which first became the retail conglomerate Pinault-Printemps-Redoute in 1994 and then Kering in 2013. Kering’s parent company is the holding company Groupe Artemis, founded by Pinault in 1992 in Paris.

Source: Forbes September 10, 2023 08:41 UTC