French luxury goods company Kering said Sunday it is selling its beauty division to L'Oreal for 4 billion euros ($4.66 billion). Under the agreement, Clichy, France-based L'Oreal will acquire the ...
Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products
Under the agreement, Clichy, France-based L'Oreal will acquire the House of Creed high-end fragrance company as well as licenses to create beauty and fragrance products for Kering brands like Gucci, ...
(Bloomberg) -- Kering SA agreed to sell its beauty division to L’Oreal SA in a €4 billion ($4.7 billion) deal, with new Chief Executive Officer Luca de Meo changing course in a bid to turn around the ...
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Must Read: Kering Sells Beauty Portfolio to L'Oréal, Kim Jones Named Creative Director of Areal
These are the stories making headlines in fashion on Monday. Kering will sell its beauty division to L'Oréal for €4 billion (approximately $4.6 billion), the companies announced on Sunday. Per the ...
The parent company of iconic luxury brands like Gucci and Saint Laurent has agreed to sell its beauty business to L’Oreal. Kering announced the reported $4.66 billion agreement on Sunday. As part of ...
Kering sells beauty division to L’Oreal and says the companies will collaborate on wellness products
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. French luxury goods company Kering said ...
Kering sells beauty division to L’Oreal and says the companies will collaborate on wellness products
French luxury goods company Kering said Sunday it is selling its beauty division to L’Oreal for 4 billion euros ($4.66 billion). Under the agreement, Clichy, France-based L’Oreal will acquire the ...
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