(Reuters) -Gucci-owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion) in a ...
By Tassilo Hummel and Dominique Patton PARIS (Reuters) -Gucci owner Kering has agreed to sell its beauty business to L'Oreal ...
French luxury goods company Kering said Sunday it is selling its beauty division to L’Oreal for 4 billion euros ($4.66 ...
The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.
The "Kardashians" star paired a nude-colored, face-obscuring mask with a strapless, corseted Maison Margiela gown to the star ...
Meghan Markle received a lot of criticism when she briefly flew to Paris earlier this month. Not only did she come under fire ...
L’Oreal, the world's biggest dedicated cosmetics and beauty player, would acquire fragrance brand Creed and gain rights to ...
While Kering’s “U-turn” is a surprise, “we appreciate L’Oreal’s firepower in growing beauty licenses,” said Thomas Chauvet, ...
Kering entered a $4.66B deal with L'Oréal to sell Kering Beauté, transfer Creed, and create a joint venture in luxury beauty ...
The deal includes the right to enter a licensing agreement with Gucci after its expiration with Coty, and a joint venture to ...
The Academy Museum Gala kicked off in California, and Hollywood’s who’s-who – dressed to impress or confuse – were in ...
The French beauty giant will acquire Kering’s fragrance line Creed, as well as rights to develop products under Kering’s ...