Kering, the French retail and luxury goods group, announced plans to sell its Printemps department store chain. Kering will continue to hold on to Gucci, Yves Saint Laurent, and Balenciaga; Conforama, its furniture store chain; FAAC, its books and music chain, and La Redoute, a catalogue retailer. (All of Kering's divisions are operated as independent businesses.) What are these businesses called?

Question

Quizplus · Accepted Answer

Kering's divisions are operated as independent businesses, but they are all part of the larger corporation. The term typically used to describe such independent units within a corporation is Strategic Business Units (SBUs). Therefore, the best choice for the businesses operated by Kering is "Kering's strategic business units".

Kering, the French Retail and Luxury Goods Group, Announced Plans