Kering Group & Balenciaga moved into their new headquarters this week

It is the old Laennec hospital, a beautifully restored complex of 17th-century stone buildings arranged in cross formations.

It was a bold enough gamble, and I think that today we are lucky to have a place that is a source of inspiration for the teams, enabling them to work better together,” describing an “incredible opportunity to have a workplace that reflects who we are as a luxury group and our values.” said Kering chairman and chief executive Francois-Henri Pinault.

Laennec represents for me the image of a different luxury,” Pinault said. “I think it’s a beautiful mission for a luxury group like ours to preserve, embellish and pass on a heritage like this and it has to be shared with everybody.” That includes very high environment standards in the renovation of the historic buildings.
Pinault described Kering’s former home on Avenue Hoche as purely functional: “It was an office for work, that was it.” By contrast, Laennec is a “place that gives you inspiration, too. You look out the window, and you see greenery in the middle of Paris. Creativity in a luxury group, and in luxury as we want it at Kering, should be everywhere, including at the head office.”

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