Kering Eyewear completed its acquisition of eyewear brand Lindberg at the end of September, in accordance with the terms announced in early July and following approval from antitrust authorities. The Danish label will be consolidated on Kering’s books from the fourth quarter of 2021.
In early July, Henrik Lindberg, founder and CEO, had announced the acquisition by Kering Eyewear. The Denmark-based label employs more than 750 people who handle all processes from design and manufacturing to direct sales to eyewear shops in more than 100 countries. Over the course of the company’s 35-year history, Lindberg has received 109 design awards in recognition of its wide range of eyewear in titanium, acetate, buffalo horn, wood and precious metals.
Lindberg now part of luxury group Kering
Kering is a global luxury group that leads the development of a number of renowned houses in fashion, leather goods, jewellery and watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. In 2020, Kering employed over 38,000 people and had a turnover of €13.1 billion.
Kering Eyewear was founded in 2014 and is located in the luxury eyewear market segment. The company designs, develops and distributes eyewear for 16 brands, including fashion, luxury and lifestyle brands Gucci, Cartier, Saint Laurent, Bottega Veneta, Balenciaga, Chloé, Alexander McQueen, Montblanc, Brioni, Dunhill, Boucheron, Pomellato, Alaïa, McQ and Puma – and now also for its own brand Lindberg.