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Kering agrees to sell beauty unit to L'Oreal for $4.7bln as De Meo trims debt

Under the deal, French beauty giant L'Oreal will acquire Kering's fragrance line Creed, as well as rights to develop ...

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 ...

Kering to Sell Creed, License Fragrance Brands to L'Oreal in $4.7 Billion Deal

Kering agreed to sell cologne-making brand House of Creed and license fragrance rights for labels such as Gucci and Balenciaga to L'Oreal in a deal valued at 4 billion euros ($4.66 billion) in cash.

Kering to sell beauty unit to L'Oreal for $4.66 billion to cut debt, refocus on fashion

PARIS (Reuters) -Gucci owner Kering said on Sunday it has agreed to sell its beauty business to L'Oreal for 4 billion euros ...