In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest ...
L'Oréal's possible acquisition of Kering Beauty could cause a seismic beauty industry shift. The Wall Street Journal reported ...
French luxury goods company Kering said Sunday it is selling its beauty division to L’Oreal for 4 billion euros ($4.66 ...
Kering SA agreed to sell its beauty division to L’Oreal SA in a $4.7 billion-deal, with new Chief Executive Officer Luca de ...
Gucci owner Kering to sell beauty unit to L’Oreal in £3.5bn deal - Luxury fragrance brand House of Creed will become part of ...
Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the first major ...
The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.
As part of their beauty deal, the two groups announced the launch of a joint venture to explore the potential of longevity.
NET SALES FORECAST: The French beauty giant is expected to post quarterly net sales of 10.45 billion euros ($12.18 billion), according to a Visible-Alpha poll of estimates by 14 analysts. In the prior ...