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Fashion.

Luxury is the most concentrated consumer sector there is. A small number of European groups own most of the heritage houses, and the founding families behind those groups hold their stakes through layered holding companies that are easy to miss.

These reports trace the chain from the boutique on the high street up through the operating company, the listed group and the family holding vehicle above it, and note where a house is still genuinely independent.

3 reports published in this sector.

  • FashionMay 17, 20267 min read

    Who Owns John Masters Organics? Tokyo's Aspirant Group Bought It in 2022

    Founded in a SoHo apartment in 1994, the brand is now controlled by funds tied to Tokyo's Aspirant Group, which bought it in 2022 after Permira's 2016 majority deal.

  • FashionJune 9, 20266 min read

    Who Owns Gucci? Kering, Controlled by the Pinault Family Through Artémis

    Kering consolidates Guccio Gucci S.p.A. at 100%, and Artémis holds 42.34% of Kering's capital but 59.07% of its voting rights. Gucci supplied 41% of group revenue in 2025.

  • FashionJune 9, 20266 min read

    Who Owns Rolex? A Geneva Foundation With No Shareholders Since 1945

    Rolex SA has no shareholders at all. Hans Wilsdorf left his shares to a Geneva foundation in 1945, and Swiss foundation law has kept the company unsellable ever since.

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