Balenciaga (Kering)
Spain · FMCG
LeaveRussia detail: Scaling Back
Balenciaga SA (/bəˌlɛnsiˈɑːɡə/ bə-LEN-see-AH-gə) is a luxury fashion house founded in 1919 by the Spanish couturier Cristóbal Balenciaga in San Sebastian, Spain, and currently based in Paris. Balenciaga produces ready-to-wear footwear, handbags, and accessories, and licenses its name and branding to Coty for fragrances. It is currently owned by the French corporation Kering.
Decision trail
Decision date 07/11/2022 · Reference ↗
Lancome, Yves Saint Laurent, Armani and other brand of Kering are returning to Russia: when cosmetics will appear in stores.
Status history since 2022
- 03/08/2026 — scaling back · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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